Important fees
When buying a property you will need to remember to include certain Important fees when calculating how much money you have to play with:
Important fees that you will have to pay when buying are as follows:
Stamp duty - 1% to 4% of value of property
Estate agent’s fee - 1% to 4% of value of property
Land registry - around £200
Local Authority search - around £100
Lenders fees -Arrangement fees, lender fees and legal fees.
Surveyor’s fees - Depending on the value of the property.
Conveyancer’s fees - A few hundred pounds
It is Important fees are included when you think of your outlay in buying a property. other considerations include removals charges, storage, DIY, setting up a phone line and TV aerial.