Property Purchase Costs
Fees that may be applicable to a property purchase include –
- Bank application fee
- Bank valuation fee
- Bank settlement fee
- Lenders mortgage insurance (LMI)
- Government stamp duty
- Government search fees
- Mortgage registration fee
- Settlement agent/ solicitor fee
- Inspections, including pest & building inspection
- Title insurance
- Land & water rates
- Service connection fees
- Home & contents insurance
- Risk insurance including Life, TPD & Income Protection Insurance.