Bond Costs
SCHEDULE OF APPROXIMATE BOND COSTS
If you require a mortgage bond, there are further costs payable in respect of the registration thereof. Once again, an additional amount will be charged for posts and petties, probably in the region of R100,00 – R200,00.
NB: In addition to the conveyancing costs reflected below, allowance must be made for valuation and initiation fees charged by the bank. Many banks also require you to take out a policy of life insurance and to cede it to the bank. All these extra costs must be provided for.
AMOUNT OF BOND |
ATTORNEYS’ COSTS |
REVENUE STAMPS |
DEEDS OFFICE FEE |
R10 000 or less |
R798.00 |
Max R20,00 |
R200,00 |
R10 001 – R15 000 |
R969.00 |
Max R30,00 |
R200,00 |
R15 001 – R20 000 |
R1026.00 |
Max R40,00 |
R200,00 |
R20 001 – R25 000 |
R1140.00 |
Max R50,00 |
R200,00 |
R25 001 – R30 000 |
R1197.00 |
Max R60,00 |
R200,00 |
R30 001 – R35 000 |
R1311.00 |
Max R70,00 |
R200,00 |
R35 001 – R40 000 |
R1425.00 |
Max R80,00 |
R200,00 |
R40 001 – R45 000 |
R1482.00 |
Max R90,00 |
R200,00 |
R45 001 – R50 000 |
R1539.00 |
Max R100,00 |
R200,00 |
R50 001 – R60 000 |
R1653.00 |
Max R120,00 |
R200,00 |
R60 001 – R70 000 |
R1767.00 |
Max R140,00 |
R200,00 |
R70 001 – R80 000 |
R1995.00 |
Max R160,00 |
R200,00 |
R80 001 – R90 000 |
R2109.00 |
Max R180,00 |
R200,00 |
R90 001 – R100 000 |
R2223.00 |
Max R200,00 |
R200,00 |
R100 001 – R125 000 |
R2337.00 |
Max R250,00 |
R200,00 |
R125 001 – R150 000 |
R2451.00 |
Max R300,00 |
R200,00 |
R150 001 – R175 000 |
R2565.00 |
Max R350,00 |
R260,00 |
R175 001 – R200 000 |
R2679.00 |
Max R400,00 |
R260,00 |
R200 001 – R250 000 |
R2907.00 |
Max R500,00 |
R260,00 |
R250 001 – R300 000 |
R3249.00 |
Max R600,00 |
R260,00 |
R300 001_ R350 000 |
R3591.00 |
Max R700,00 |
R340,00 |
R350 001 – R400 000 |
R4047.00 |
Max R800,00 |
R340,00 |
R400 001 – R450 000 |
R4218.00 |
Max R900,00 |
R340,00 |
R450 001 – R500 000 |
R4731.00 |
Max R1000,00 |
R340,00 |
R500 001 – R600 000 |
R5415.00 |
Max R1200,00 |
R400,00 |
R600 001 – R700 000 |
R6099.00 |
Max R1400,00 |
R400,00 |
R700 001 – R800 000 |
R6783.00 |
Max R1600,00 |
R400,00 |
R800 001 – R900 000 |
R7467.00 |
Max R1800,00 |
R400,00 |
R900 001 – R1 000 000 |
R8151.00 |
Max R2000,00 |
R400,00 |
R1 500 000 |
R9861.00 |
R3000,00 |
R500,00 |
R2 000 000 |
R11 571.00 |
R4000,00 |
R500,00 |
R2 500 000 |
R13 281.00 |
R5000,00 |
R500,00 |
R3 000 000 |
R14 991.00 |
R6000,00 |
R500,00 |
R3 500 000 |
R16 701.00 |
R7000,00 |
R500,00 |
R4 000 000 |
R18 411.00 |
R8 000,00 |
R500,00 |
R4 500 000 |
R20 121.00 |
R9 000,00 |
R500,00 |
R5 000 000 |
R21 831.00 |
R10 000,00 |
R500,00 |