| Buying Costs |
Rough costs for a £50,000 home |
Rough costs for a £100,000 |
How you can save money or further information |
| Stamp Duty |
£0 |
£1,000 |
Inland
Revenue Stamp Duty Calculator |
| Solicitors Fees |
£600 |
£900 |
|
| Searches |
£25-£125 |
£25 - £125 |
|
| Land registry fee |
£80 |
£80 |
|
| Solicitors Extra's (also known as disbrsements) |
£35 |
£35 |
|
| Mortgage Lenders Legal Costs |
£300 |
£300 |
|
| Mortgage Indeminity Guarantee |
£500 |
£1,400 |
The lower the perecntage of your mortgages the lower
this cost will be. Also some lenders to charge these fees |
| Valuation |
£110 |
£160 |
This is usually increased based on the value of your
home |
| Survey Fee |
£300 |
£300 |
There are different types of survey [more] |
| Buildings Insurance |
£100 |
£200 |
Compare premiums from a number of insurers. Home
Insurance Directory |
| Life Insurance |
£100 |
£250 |
Compare premiums from different providers - Life
Insurance Directory |
| Mortgage Payment Protection Insurance |
Depends |
|
This can cover your mortgage repayments in the event
of accident sickness or unemployment - compare several
suppliers and its probably worth avoiding your lender
as this is a real money spinner for them - Compare
Costs |
Moving
home can be expensive which means its really important that
you budget for the costs in advance. Here is a checklist that
will help you work out the costs.