Getting a Mortgage
Costs Associated with Buying Your Own Home
There are other costs associated to buying your own home. Below is a list of some of these costs:
Based on a property value of £140,000
| Lenders Valuation Fee |
£ 250 approx |
| Solicitors Fee |
£ 700 approx |
| Stamp Duty |
£1400 approx |
| Mortgage arrangement Fee |
£1000 |
| |
£3350 approx |
Typically, the building insurance policy is organised by the housing association however contents insurance is recommended and is your responsibility.
On top of these costs you will need money to pay for furniture and furnishings once you have moved in.
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