AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I got my hle loan approved 3 yrs ago. Now that my key collection is drawing near, I want to change to a bank loan isntead. I undrestand for bank loan we have to engage bank lawyer to pay the conveyance and stamp duty fee. However I have already paid those fees during my first appointment while still under HLE. Can i get a waiver from the bank for engaging their lawyer?
0 •
932 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Helen Goh
Replied
Hi,

Waiver is not possible as it is considered as a new process since different lawyer will be engaged for the bank loan.

In addition, the legal fees associated with bank loan are higher than HDB concessionary loan's.

Hope it clarify.

Best Regards,
Helen Goh
ERA Realty Network Pte Ltd
CEA Reg No: R050102Z
HP: 98266048 
Email:helengoh.property@gmail.com Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions