House Price and Property News and Information.

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.

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