Hi all. Are pexa fees charged twice at settlement for purchase of a property? I noticed in my loan documents for Macquarie, there is a pexa fee. Also in my statement of adjustments from the conveyancer , there is also another pexa fee. So I am slightly confused now. Can someone clarify?
One would be for the settlement of the property and the other for the mortgagee attending settlement.
Mortgagee attending settlement? I thought everything is online so why is there a need to attend settlement? Also I noticed that I did not pay any additional pexa fees with my refinance with ANZ?
But ANZ would still need to attend settlement to receive the funds paying out the loan. They probably just wear the pexa fee.