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Mortgage advice please

Hi There,

I am currently looking to buy a new property and own a property that i will be looking to sell as part of a new purchase. My question is can i use the equity in my current property to help me pay for the buying/selling fees?

Comments

  • jansus
    jansus Posts: 12,531 Forumite
    Part of the Furniture 10,000 Posts Photogenic
    Hi not sure if every ones the same but we are in the same position as you and had to pay £300 for searches and £550 for a survey on our next purchase up front.
    ITV comp winner no 41
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes, but not those payable upfront.

    Final solicitor fees, estate agent fees and stamp duty can come out of your sale proceeds.
    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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