01142 332941
First Time Buyers
Set out below are the main costs you may incur when purchasing a property. This is by no means every cost but it covers the main ones to budget for.
Stamp Duty
Government tax payable when you complete your purchase. The amount payable is based on the purchase price.
Solicitor Fees
This amount will vary from case to case but for a single purchase, typical legal fees including disbursements may be around £700 – £1000
Property Survey
If you are arranging a mortgage to purchase your new property the lender will instruct a surveyor to carry out a valuation to confirm the property will be acceptable as suitable security. This can typically cost between £250 – £350 but this figure may be higher on some mortgage products.
We will keep you regularly updated with your mortgage’s progression and will manage the purchase process for you right through to completion.
Think carefully before securing any other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances and will be agreed with you before proceeding but estimate this to be £249.
The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
*Some of these products are not regulated by the Financial Conduct Authority
This website does not use cookies