What is mortgage registration fee?

What is mortgage registration fee?

This fee applies when you registers the physical property as the security on a home loan. (Purchase and refinance) This is important because it allows buyers to check if there is any claims on the existing property. The fee is paid when a home loan is established or when it’s discharged. The cost of the mortgage registration fee varies from state to state. Here’s what you can expect to pay:

  • ACT: $140
  • New South Wales: $138.80
  • Northern Territory: $142
  • Queensland: $181
  • South Australia: $145
  • Tasmania: $132.52 to register, $164.30 to discharge
  • Victoria: $114.90
  • Western Australia: $168.70

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