PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

How much does it actually cost to buy a house?

2»

Comments

  • Megaross
    Megaross Posts: 183 Forumite
    100 Posts First Anniversary
    edited 20 June 2022 at 7:06AM
    At least a couple of grand in legal fees, don't skimp on a solicitor either - it doesn't pay to hire a cowboy on a transaction this size. Delays and mistakes can cost money

    My first property cost I think £2100 in legal fees being leasehold, we did the moving in carloads and borrowed trucks. Did any minor work and decorating myself including wiring the garage, bought used furniture except a new sofa for £1200 I picked up a couple months after after selling a bike.

    You can do it cheap as hell - I lived without a fridge for a few weeks for example. You'd be surprised what you can live without if your hand is forced.

    You need not do everything at once, better to do it slowly and surely saving as you go.
  • Noneforit999
    Noneforit999 Posts: 634 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    Lomast said:
    Having just purchased our costs were
    Mortgage broker 425
    Survey 600
    Structural survey (survey picked up potential issues) 800
    Conveyancing 1000
    Moving costs free as I have a van

    £1000 seems cheap for conveyancing costs to buy.

    We are paying more than that to sell. 
  • housebuyer143
    housebuyer143 Posts: 4,281 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 20 June 2022 at 9:02AM
    Lomast said:
    Having just purchased our costs were
    Mortgage broker 425
    Survey 600
    Structural survey (survey picked up potential issues) 800
    Conveyancing 1000
    Moving costs free as I have a van

    £1000 seems cheap for conveyancing costs to buy.

    We are paying more than that to sell. 
    My conveyancer was £1100 and £450 to sell. 
  • aoleks
    aoleks Posts: 720 Forumite
    500 Posts First Anniversary Name Dropper
    £120k house

    £12k deposit
    £1-2k solicitor (includes searches)
    £6-800 survey
    £2-300 moving costs, if you have a friend that can help (this is van rental, a takeaway, drink at the end of the day)
    £100 small costs when moving in (a lock or two, kitchen towels, a kettle, a curtain)
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.