Dear recent home-purchasers. I'm about to go down the route of buying a place for around £300,000 (with a 5%/£15,000) deposit. In your experience, what were your total additional costs on top of the mortgage? Have tried to piece together the pieces but anything obvious I'm overlooking here?
Moving costs (£500-£1000) unless you do it yourself
Buildings Insurance (??? depends)
Home Contents Insurance (??? depends)
A big food shop (you'll throw most of the stuff from the old place away) - £200
Dear recent home-purchasers. I'm about to go down the route of buying a place for around £300,000 (with a 5%/£15,000) deposit. In your experience, what were your total additional costs on top of the mortgage? Have tried to piece together the pieces but anything obvious I'm overlooking here?
I'm anticipating the following;
Valuation/Application fee for mortgage - £460 (according to mortgage broker)
Stamp duty - £5,000
Solicitor fees - £2,000?
Surveyor fee - £500
Total = just shy of £8,000.
How does that tally with your own experiences?
Cheers!