What fees are involved in a settlement (Buyers)?
In addition to the purchase price of the property there will be other expenses involved that you need to be aware of such as: Fees and charges payable for obtaining a loan, if finance is required (payable directly to your lender). Stamp duty. Landgate fees for registering you as new owner of the property. ASIC search fee (if any party, including you, is a company). This is to find out full details of the company to ensure it is not in liquidation or administration, etc. A share of any rates and taxes paid by the seller on the property to the … Continue reading What fees are involved in a settlement (Buyers)?
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