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House buying fees??

Marc26

By Marc26,
in House building & DIY

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Marc26 Grand Master

Marc26

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My wife just bought a house

 

From what I read the buyer is responsible for the 2% transfer fee and that is it

 

The seller is responsible for everything else

 

Is that correct or is the buyer responsible for more?

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KaptainRob Grand Master

KaptainRob

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Posted

Congrats.   It is not uncommon for both parties to share the transfer fees 50/50 otherwise this is the Buyers responsibility.  Stamp duty and land/withholding tax is the Sellers responsibility.

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