Free Conveyancing Fees Calculator for South African Property
Buying or selling property in South Africa is an exciting milestone, but the legal conveyancing process can also be complicated and confusing.
However, Benaters’ free online conveyancing cost calculator is here to ease the process. In just a few minutes, you can get an accurate estimate of what conveyancing cost for your specific property transfer.
No more guessing or nasty surprises! Just enter the property value—and the calculator will instantly provide the conveyancing transfer cost.
Transfer Cost Calculator
Pricing is subject to change and may vary depending on your specific requirements and instructions to us.
How Much Does Conveyancing Cost in South Africa?
Conveyancing costs in South Africa are regulated by a tariff set by the Law Society of South Africa. The tariff is based on the purchase price or market value of the property. Refer to our conveyancing calculator for an accurate estimate. In addition to the tariff fees, there may be other costs associated with conveyancing, such as:
Disbursements: These are costs incurred by the conveyancer on behalf of the client, such as registration fees, bank charges, and searches.
VAT: VAT is charged on the tariff fees and disbursements.
Here are some additional tips for understanding conveyancing costs and how the conveyancing cost calculator works:
The property's purchase price or market value is the only factor affecting the tariff fees.
The disbursements and VAT will vary depending on the specific transaction.
The conveyancing calculator doesn’t include mortgage bond registration costs. It only refers to transfer costs.
Conveyancing costs can be a significant expense, but they’re necessary to ensure that the property transfer is completed smoothly and legally. By understanding how conveyancing costs work, you can know how much to expect to pay.
The best way to know how much of a conveyancing fee will be paid on your property is to contact a conveyancing attorney or use our property transfer cost calculator for South African residents.
How Are Conveyancing Fees Calculated?
Conveyancing fees are calculated based on several factors, primarily the value of the property being transferred. The conveyancing fees are just one part of the overall transfer costs associated with buying a property, and they’re calculated according to guidelines issued by the Law Society of South Africa (LSSA).
Additionally, conveyancers may charge separate fees for specific services they provide in the property transfer process, such as requesting cancellation figures, preparing documentation, applying for rates clearance certificates, transfer duty, and conducting deeds office searches.
It’s important to note that transfer duty is a separate cost paid to the South African Revenue Service (SARS). Transfer duty rates vary depending on the property’s value and are statutory and non-negotiable.
Lastly, VAT may apply to certain property transactions but can’t be applied simultaneously with transfer duty. The payment of VAT takes precedence in transactions where it applies.
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Our Expertise
At Benaters, we’re dedicated to providing personalised legal solutions to private individuals and families. We specialise in a niche range of legal services, with a focus on conveyancing being the transfer of property, administration of deceased estates and notary and Apostille services.
21 Scott Street
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We are conveyancers and we attend to the process of transferring legal ownership of immovable property anywhere in South Africa from one person, company or trust to another.
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We have your best interests at heart when it comes to estate planning and administration of deceased estates, ensuring you and your loved ones are taken care of properly.
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If you are sending your documents outside of South Africa then they need to be legalised for use. We are here to assist with all of your notarial and Apostille requirements.
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Which important legal concerns do you and your fiancé need to consider before your big day? Let us help you explore your options when it comes to choosing a marital property regime.
How Can We Help with Your Legal Needs?
At Benaters we’re always pleased to hear from you. Let us know how we can help by selecting the enquiry form, or get in touch via Whatsapp.