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The cost of buying your home

There are several costs involved in the first stages of buying your home

Valuation/survey
This is a report required by your mortgage provider to ensure that the property is good security for your loan.

Legal Costs
These are the costs of a solicitor/ conveyancer who take care of the legal aspects of purchasing your property.

Deposit
You will usually have to pay a deposit when you exchange contracts

Stamp duty
This is a government tax based on the price of your property. Your solicitor will advise you of the amount to be paid, if any.

Mortgage fees
Some lenders may charge you arrangement fees, administration costs or a booking fee when arranging a mortgage.