Recently, I just VPed for my first property.
SPA value 300k, loan amount 270k
MOT charges:
- Legal fee: 525
- Reimbursement 220
- Disbursement 220
- Stamp duty 5000
Total: 5965
MOC charges:
- Legal fees 875
- Reimbursement 340
- Disbursement 839
Total: 2054
Earlier, it is mentioned that 300k and below would have the stamp duty waived? My MOT still includes the stamp duty though.
I tried following the formula previously given but the figure didnt tally with what the lawyer charged. It's the same S&P lawyer ( loan was also handled by the same lawyer ).
Is the charges correct and reasonable?
About MOC/MOT
Aug 29 2018, 09:31 PM
Quote
0.0131sec
0.45
7 queries
GZIP Disabled