Approx Cost to Buy and Sell a Property!

genuineplacebo

Hi Guys,

I've been browsing the forums fora while now but have never posted anything!

Here goes...

We own a house at the moment, got married a few months ago and are looking to move to a new 'family' house ready for when we have kids.

Our house is worth approx £200k, and we'd be looking to move to somewhere up to the £250k stamp duty mark. We're trying to save for the fees etc but really we didn't know how much we should have saved, as a ball park figure.

Obviously I know stamp duty would be £2500 .... How much would you recommend keeping aside to pay everything in total?

Thanks guys!

keith969

Estate agent fees, say 1.5% (you should be able to do better) £3000
HIP, maybe £300
Legal costs, buying & selling, about £1200
Gordon Brown's pocket money (Stamp duty), £2500
Removals costs, ?
Remortgage survey fees, ?
Remortgage arrangement costs, ?

genuineplacebo

Thanks Keith,

So around £7k altogether, The remortgage fees and removal costs I'm not really thinking about, it's purely the buying and selling fees.

Thats a great indication, thanks so much!

Sweetcaz_2

I have just done the same as you (got married and moved to a bigger family home) and solicitors fee were around £1,300 (this is in South West England) to deal with my sale and purchase.

Hope this helps and good luck!