What Costs are involved?

The fees and costs associated with the purchase of a property are -

  • a valuation fee to inspect and value the property.
  • the lender’s arrangement fees, if applicable, which can usually be added to the loan.
  • Broker fee for advising, sourcing and arranging the mortgage.
  • solicitor’s costs and disbursements (such as local searches and land registry fees).
  • stamp duty land tax if the purchase price is over £125,000.