Picture this: your neighbour needs to use your driveway to get to access their block which sits behind you. When you subdivided your block of land, as part of the conveyancing process, your property lawyer informed you of this easement and how it may affect use of the land in the future. This is the type of information that could save a lot of headaches in-future.


    Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.

    Update resultsUpdate
    LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
    6.04% p.a.
    6.06% p.a.
    $2,408
    Principal & Interest
    Variable
    $0
    $530
    70%
    Featured Online ExclusiveUp To $4K Cashback
    • Immediate cashback upon settlement
    • $2,000 for loans up to $700,000
    • $4,000 for loans over $700,000
    5.99% p.a.
    5.90% p.a.
    $2,396
    Principal & Interest
    Variable
    $0
    $0
    80%
    Featured Apply In Minutes
    • No application or ongoing fees. Annual rate discount
    • Unlimited redraws & additional repayments. LVR <80%
    • A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank.
    6.14% p.a.
    6.16% p.a.
    $2,434
    Principal & Interest
    Variable
    $0
    $250
    60%
    Featured Unlimited Redraws
    • No annual fees - None!
    • Get fast pre-approval
    • Unlimited additional repayments free of charge
    • Redraw freely - Access your additional payments when you need them
    • Home loan specialists available today
    Important Information and Comparison Rate Warning

    Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.


    Understanding property easements

    The legal definition of an easement is the right to cross or otherwise use a portion of someone else’s land. In property terms, this means a person has the right to use your property for a specific purpose even though they are not the land owner.

    An easement may be required to provide other properties access to essential services such as water or electricity.

    Some other uses for easements include:

    • allowing service technicians the right to work on your property to maintain or repair services on the easement such as stormwater, gas and power lines.

    • providing neighbouring properties reciprocal rights such as mutual support of a structure.

    • providing neighbours road access to their property.

    How do I know where an easement is located?

    When purchasing a property, vendors are required to disclose all easements affecting the land they propose to sell in a property contract. Buyers should then ensure they are aware of the impact an easement will have on the land they are about the purchase.

    If you buy a property and then discover an easement, it can put a serious crimp in your extension or renovation plans, requiring a number of chats with both your neighbours and local council. If a structure is built over an easement without permission or where permission is denied, then the owner will be legally required to remove the structure.

    Types of property easements

    Right of carriageway

    Allowing your neighbours to access their property through the use of your driveway is called ‘right of carriageway’. While this passage must not be blocked, it is not the responsibility of the owner of the property to maintain the carriageway.

    Easement for services

    This type of easement exists so that essential services such as water, electricity and sewerage, can be conveyed to those who need it. The easement may be above or under the property, such as power lines or stormwater pipes. If an authority has an easement registered over your land, they have full access to the easement so they can carry out repairs and maintenance.

    In most cases, easement for services are called statutory easements. If you were to build over a statutory easement, you would need to obtain council approval.

    Easement of support

    As mentioned above, this easement provides neighbouring properties reciprocal rights such as mutual support of a structure.

    Easement of light and air

    Building certain walls or structures are prevented under this easement if they restrict your neighbour’s views. Going ahead and building without checking for an easement of 'light and air' could turn out to be a costly exercise as it’s possible you will have to demolish the work.

    Can an easement be altered or removed?

    An easement on your property may no longer be required and you may have the opportunity to have it removed from your property’s title depending on whether it is private or public.

    A private easement is an agreement between neighbours to create a specific easement such as a wall, fence or access, whereas a public easement is an easement created by statutory authority such as local council. 

    An easement can be removed in specific situations including:

    • the easement grantee and the easement grantor reach an agreement.

    • properties are combined into one parcel of land under single ownership.

    • the property isn’t being used and the easement is abandoned.

    • the property is altered, e.g. battle-axe block may acquire alternative direct access if a new street is constructed at its rear.

    Buying a home or renovating one can be enough of a headache before throwing unknown easements into the mix - be sure you know your obligations before you buy or commence work on your property. If in doubt, seek advice through your conveyancer or property lawyer.

    Image by Avi Waxman via Unsplash.





    Ready, Set, Buy!


    Learn everything you need to know about buying property – from choosing the right property and home loan, to the purchasing process, tips to save money and more!

    With bonus Q&A sheet and Crossword!

    By subscribing you agree to our privacy policy