RURAL ADVANCES.
A "Gazette" notice contains initial regulations under the Rural Advances Act, 192 C. The valuation fees range from 15/ on an application for a loan up to £100 to £3 13/0 on an application for a loan of over £3,100, but not exceeding £5500. The costs and fees for the preparation and'completion of mortgages for advances are to be determined in accordance with scale, and will be deducted from the amount of the advance agreed to be granted. For mortgages under the Land Transfer Act. 1915, costs and fees range from 7/6 if the advance does not exceed £250 to £2 7/6 where it is over £3.100, but not in excess of £55500. n the case of mortgages under the Deeds Registration Act, 190S, 18/ £5500. In the case of mortgages under £150, and £(> -where it exceeds £3.100 but is not over £5500.
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Bibliographic details
Auckland Star, Volume LVIII, Issue 86, 12 April 1927, Page 19
Word Count
145RURAL ADVANCES. Auckland Star, Volume LVIII, Issue 86, 12 April 1927, Page 19
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