Completion charges

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17 Oct 2009 12:00 AM by neilp Star rating in condado de alhama. 15 forum posts Send private message

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We are finally(!) due to complete at end of October and have just received info on final charges. The notary and land register fees are nearly E3000 when we had been advised they would be approx E1000! There is a 'cancellation' set of fees which we aren't sure about and there are also vague comments about some amount being returned on completion but it is all very confusing. Would really appreciate any advice. Thanks




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17 Oct 2009 4:55 PM by stonephil Star rating in Stone Staffordshire .... 399 forum posts Send private message

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Hi Neil,

The notary and land registry fees are applied for each person buying the property and if you are taking a mortgage then that is registered as well.

So for instance if 2 people purchase in joint names with a  mortgage then there will be a notary fee for each individual for both the property and the mortgage (in other words double).

The exact amount of the fees is not kown until at the notary, fo if you complete with a POA, like we did, then it is usual to over estimate the fees and return any surplus afterwards.

Hope this helps

 



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