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Travel vouchers on House Sales | 5.3% Transfer fee increase on 27 May 2024

Over the last 2 months we have been enjoying giving out travel vouchers for clients who ask us to assist wtih their house sales.

However, we have just received notice that conveyancing fees are increasing by 5.3% on the 27th May 2024.

If you are considering selling your house, we urge you to get a quote for the house sale/transfer before the 27th May, so that you lock in the lower rates.

Lawyer sitting at a desk on the lawn in front of a house with hot air balloons in the background

Transfer attorney fees increase from 27 May 2024

There are numerous fees and costs involved in the transfer process, and you should request a quote above to see them, but a key fee is that "for all work in connection with obtaining registration of transfer of immovable property in any manner not specifically mentioned elsewhere in this guideline, the recommended fee be":

  • Value of property R100,000 or less:
    Fee is R6,435 (was R6,110)
    A 5.3% increase
  • Value of property is R500,000:
    Fee is R14,635 (was R13,910)
    A 5.2% increase
  • Value of property is R1,000,000:
    Fee is R24,560 (was R23,335)
    A 5.2% increase
  • Value of property is R5,000,000:
    Fee is R64,260 (was R61,035)
    A 5.3% increase
  • Value of property is R10,000,000:
    Fee is R89,260 (was R84,785)
    A 5.3% increase
  • An additional transfer attorney fee of R5000 is applicable for each additional R1m value of property above R10m

Usiing travel vouchers

Use your travel vouchers to discount any bookings made through SA Travel Online up to 30 June 2025 – from car hire to hotels, hot air balloon flights, bus trips and more!

Are you a visionary Estate Agent & want to partner with us?

We are looking for forward-thinking property agents who are interested in partnering with us and helping us improve our travel offerings on property sales. Email rob@southafrica.to to say hello.

Are you a leading-edge Attorney & want to join as a partner?

We are looking for leading-edge attorneys who are interested in partnering with us on similar initiatives to this one. Please email rob@southafrica.to to make contact and see whether you're a fit.

Other innovatiive ideas?

Please email rob@southafrica.to

 

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Until next time!
Team SA Travel Online!

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