List of costs of buying house

hugheskevi

I've just finished buying a house. I thought it might be helpful to list all the expenses involved for anyone new to house buying looking to get an idea of the costs.

This purchase was a straightforward deal for a freehold property, 3 bedroom house.

Cost of property: £285,000
Stamp duty: £8,550
Various fixtures and fittings:£1,100
Legal fees (including all searches/fees other than those listed separately):£759
Mortgage fee: £599
Mortgage Valuation Survey and Homebuyer survey on property: £440
Mortvage Valuation Survey and Homebuyer survey on previous property (deal collapsed): £380
Land registry fee: £280
Removal fees:£70
CHAPS bank fees to send initial deposit and final completion bill to solicitor: £40
Postage:£10

Total cost of the £285,000 purchase=£297,228

There are probably a few other bits and pieces I've missed off, but I think that covers most of it. On top of that furniture needs to be added - I'd say that £3,000 would be minimum I'd want to allow for that (sofas, beds and wooden furniture were biggest expenses for me) but something more like £5,000 or a bit more would be better. Also remember buildings insurance (£100+) and possibly contents insurance (about £100+)

lincroft1710

Your removal fees were incredibly cheap. I would have expected £700 rather than £70.

rictus123

This could be relevant for me in the years to come. Il probs have a van for work so il save on that front. Also a dab hand at diy, many contacts in the building trade already.

Sensible_Jess

hugheskevi wrote: »

Mortgage Valuation Survey and Homebuyer survey on property: £440
QUOTE]

I wish my Homebuyers Survey had been that cheap! My purchase has just fallen through and that part alone cost me £1K.:( So unfair that you can't get that cost back....