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Legal fees on a house? Please help

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Put an offer in today on a house!! First time buyers and we are very excited/worried etc!

We are applying for 95% mortgage when offer is accepted (hopefully with some negotiation although property new on market)

We have put aside £3k to pay for solicitors (although estate agent has an offer of free legal fees?), valuation, cost of mortgage, survey etc? We are hoping to get house for around £175k.

Is £3k enough for everything except deposit? As FTB no stamp duty

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That should be close to the final amount you pay but each region varies and you may spend more if you end up having extra surveys, searches,checks ( gas safety check,electrics, )etc
  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The OP has stuck this on HSB&R as well so I suggest we abandon this thread;-

    https://forums.moneysavingexpert.com/discussion/3521055
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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