A booking fee can feel like a small step, but it can create real pressure if the terms are unclear. Buyers should understand whether the fee is refundable, what happens if the loan is rejected, and when the SPA timeline begins.
Read the booking form before paying
Check the property details, price, stakeholder or recipient, refund conditions, loan rejection clause, signing deadline and whether any verbal promises are written down.
Before paying, use PropGo's mortgage calculator and DSR calculator to avoid booking a property outside realistic financing range.
Protect financing and legal timing
If this is your first purchase, connect the booking decision to PropGo's first-time buyer checklist. Deposit, loan, stamp duty and legal-fee timing should be understood before pressure starts.
FAQ
Is a booking fee always refundable?
No. Refund terms depend on the written booking form and transaction structure. Get the terms in writing before paying.