- TPN
- Property news
- 0.01% Transfer and Mortgage Fee Extended to June 2027
0.01% Transfer and Mortgage Fee Extended to June 2027
TPN - The Property Network
The Cabinet has extended the reduced 0.01% transfer fee and 0.01% mortgage registration fee for qualifying homes through 30 June 2027, confirmed by publication in the Royal Gazette.
The Cabinet has extended a reduced transfer fee and mortgage registration fee for qualifying property purchases through 30 June 2027, giving buyers and sellers another year of lower closing costs on lower- and mid-value homes.
What changed
For houses, townhouses, shophouses and condominiums where the purchase price, the Land Department's assessed value, and the loan amount are each no more than THB 7 million, and the buyer is a Thai individual, the standard transfer fee of 2% is cut to 0.01%, and the standard mortgage registration fee of 1% is cut to 0.01% [1]. The Cabinet approved the extension on 30 June 2026, and it was published in the Royal Gazette on 1 July 2026, extending the measure through 30 June 2027 [1]. Because the extension has both cabinet approval and gazette publication behind it, this is now a confirmed, in-force rule rather than a proposal [2].
This incentive is not new — a version of the reduced transfer and mortgage fee has existed in some form for several years and has been periodically extended by successive cabinets as part of the government's efforts to support the housing market [3]. The current extension keeps the same eligibility thresholds and rates as the prior period, with the effective date moving out to 30 June 2027.
What this means for buyers and sellers
For a qualifying transaction, the combined transfer and mortgage registration fees drop from a potential 3% of value to just 0.02% — a meaningful saving on the total cost of closing, particularly for buyers financing a purchase near the THB 7 million ceiling. All three conditions have to be met simultaneously: the purchase price, the assessed value, and the loan amount must each sit at or below THB 7 million, and the buyer must be a Thai individual (not a company or a foreign buyer) [1]. A transaction that clears the price and assessed-value thresholds but takes out a loan above THB 7 million does not qualify for the reduced rate, so buyers financing close to the ceiling should check all three figures with their lender and the Land Office before assuming the discount applies.
Sellers benefit indirectly: a lower total transaction cost can make a listing more attractive to price-sensitive buyers in this segment, and the extension removes the near-term risk that the incentive would lapse mid-negotiation. Since the measure is now confirmed through 30 June 2027 rather than expiring at the end of 2026, buyers and sellers negotiating deals that will close in the first half of 2027 can factor the reduced fees into their planning with confidence.
What this means for agents
Agents advising clients on qualifying transactions should confirm the price, assessed value and loan amount against the THB 7 million threshold at the outset of a deal, since exceeding any one of the three disqualifies the transaction from the reduced rate. It is also worth flagging to clients that the reduced rate applies only when the buyer is a Thai individual — a purchase structured through a company, or by a foreign buyer, pays the standard 2%/1% rates regardless of the price band [1].
Because the extension is now confirmed by gazette publication rather than merely proposed, agents can cite the 30 June 2027 date with confidence when structuring transaction timelines, and should note it in listing materials or buyer briefings for properties that fall within the qualifying value range. Agents working with developers on off-plan sales in this price band should also confirm with the Land Office at time of transfer, since fee schedules are applied at registration and any future change would only affect transfers registered after a new effective date.
This article summarizes a news report and is not legal, tax or immigration advice. Always confirm details with a licensed professional or the relevant government office before acting.