Single First Time Buyer 34k salary 60k deposit...

[zed4]

Matt_N said:

HustleRussell said:

Would £5k be a realistic ballpark figure for actually acquiring the property I.e. Arrangement fees, solicitors fees, stamp duty on ~£230k?

Stamp duty is currently 2% of the difference between £125k and your purchase price of £230k, so £2100.

Solicitor's fees are around £1500 all in to buy somewhere at present.

Mortgage valuation fee from £250 for the basic one.

Mortgage arrangement fee, depends on your mortgage and can be added to it but most are around £1-1.5k at present.

Guess who is moving house at present, so selling and buying?

Pretty gauling having to hand around £8k over in fees and what not!

Oh yes, there was a £995 mortgage arrangement fee which was added to the mortgage. I think the mortgage valuation was fee.

Seems I got a bargain with my solicitor fees!

[HustleRussell]

Grr these are all bad things