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Author buying a house costs
chloe16v
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Registered: 29th Nov 07
Location: Rotherham
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16th Feb 12 at 18:41   View User's Profile U2U Member Reply With Quote

so, we are looking into buying our first house, what cost will be involved? ie. conveyancing fees, searches ect?
Russ
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Registered: 14th Mar 04
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16th Feb 12 at 19:37   View User's Profile U2U Member Reply With Quote

related topics.

/closed
Ian
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Registered: 28th Aug 99
Location: Liverpool
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16th Feb 12 at 19:42   View Garage View User's Profile U2U Member Reply With Quote

I read that topic as 'buying house coats'

Depends on the age of the house, what the lender requires, current legal situation etc.
Haimsey
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Registered: 8th May 05
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16th Feb 12 at 21:18   View Garage View User's Profile U2U Member Reply With Quote

Its hard to say specifically, but given legal fees, estate agency fees, SDLT (although not applicable on sub-125k), for an average house of around 130k I would say 2-2.5k all in.

On the note of First Time Buyer Stamp Duty relief - ends 24 March.

Were pressing ours atm to get them exchanged/completed prior to this date

Searches - dependant on where the property was and to what extent you conducted searches (say you have Local, Enviro and Water and Drainage done), our average is circa£300 (which in comparison to other firms is high).

[Edited on 16-02-2012 by Haimsey]


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chloe16v
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Registered: 29th Nov 07
Location: Rotherham
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16th Feb 12 at 23:14   View User's Profile U2U Member Reply With Quote

house we are looking at is under £50,000
whitter45
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Registered: 15th Nov 02
Location: Norton
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16th Feb 12 at 23:18   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by chloe16v
house we are looking at is under £50,000


Is that you have Your location as hell. Searches will be circa 400 and solicitors the same so budget 1k without damp duty


[Edited on 16-02-2012 by whitter45]
chloe16v
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Registered: 29th Nov 07
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16th Feb 12 at 23:25   View User's Profile U2U Member Reply With Quote

location is rotherham, s, yorks
Jon_C
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Registered: 7th Dec 05
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18th Feb 12 at 17:39   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by chloe16v
house we are looking at is under £50,000


A house for sub 50k ???
Cavey
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Registered: 11th Nov 02
Location: Derby
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18th Feb 12 at 17:46   View User's Profile U2U Member Reply With Quote

North is cheap bla bla bla.

Yeah, probably under 1k at that price.

 
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