PEXA charges a fee per transaction which is collected at settlement, so if the transaction is not successful there will be no PEXA fees.
The fees are subject to change and differ from state to state and transaction to transaction. The complete schedule of fees is on the PEXA website.
What makes up the cost at settlement
| Charge | Who it's for | Notes |
|---|---|---|
| PEXA transfer (workspace) fee | The electronic settlement platform | A per-transaction fee, only charged if settlement completes; varies by state and transaction |
| PEXA dealing fees (mortgage discharge / new mortgage) | The banks involved | Charged to the lenders for their part of the workspace |
| Land registry fees | The state land registry | Government fees to register the transfer (and your mortgage); set by each state |
| Conveyancer's professional fee | Your conveyancer or solicitor | Separate from the above — see the fee vs disbursements explainer |
Because PEXA's fees are indexed and change over time, check the current amounts on the PEXA pricing page rather than relying on a fixed figure.
As registered PEXA subscribers, the team at Zettle can guide you through the process and keep your settlement as smooth and efficient as possible.
