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Brooks

Financial

Consultancy

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.

This amount will vary from case to case but for a single purchase, typical legal fees including disbursements may be around £700 - £1000

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.

Mortgages

FIRST TIME BUYER MORTGAGES

Stamp Duty

Government tax payable when you complete your purchase. The amount payable is based on the purchase price.  For the latest rates please see the HMRC website by clicking here.

Solicitor Fees

Property Survey

Boultons Financial Services Ltd will keep you regularly updated with your mortgage’s progression and will manage the purchase process for you right through to completion

Your home may be repossessed if you do not keep up repayments on your mortgage

Brooks Financial Consultancy Ltd is an appointed representative of Avista Financial Planning Ltd which is Authorised and Regulated by the Financial Conduct Authority.

 

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

 

Registered address : 5 Parkgate Road, Neston, Wirral, CH64 9XF

 

Registered in England and Wales, Company No. 7356592

 

FCA number 531840

 

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We refer all Mortgage Enquiries to Jonathan Welsby at Boultons Financial Services Ltd.