How the cost of moving might be more than you think.

If you’re buying a house, you will face additional costs on top of funding a mortgage. Research has found that expenses that come up during the legal process can increase your bill by thousands. Not only that you may find other issues with the house such as a  sewage issue for example and a Blocked Drains Kent based company like can give you the solution.

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Taking account of the expenses below will enable you to plan your budget.

Stamp Duty

Stamp duty is paid on homes costing over £125,001. It is a government tax.

First-time buyers do not pay Stamp Duty on the initial £300,000 for those properties valued up to £500,000.

Charges also occur if you are buying another residential property, such as a buy-to-let.


With a deposit, you put a sum of money toward the property’s cost when buying your home. In general, you must raise 5 to 20 per cent of the building’s purchase price.

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Valuation fee

Your mortgage lender will review the property to determine how much money they are going to lend you. This might cost anything from £150 up to £1,500 depending on the value of the property.

The lender’s valuation cannot be used as a guide to potential maintenance or repairs; you need a full structural survey.

Surveyor’s fee

A surveyor’s report can determine if there are any structural problems. The different types range from £250 to £600 or more. A thorough survey might save you money in the long run by uncovering faults.

Consider using a cost of moving calculator online.

Legal fees

Normally, a solicitor or licensed conveyor will take care of the legal work during the buying/selling process.

Fees for the conveyancing process are usually £850 to £1,500, plus VAT at 20 per cent. The conveyancing process also involves carrying out local searches, which costs £250 to £300.

Electronic transfer fee

This fee deals with the cost to the lender of transferring your mortgage money to the solicitor. Generally, this is valued at £40 to £50.

Estate agent’s fee

This fee for the services of the estate agent is paid just by the seller, not the buyer.

The fee is negotiated as soon as the agent makes the property available on the market. It is generally 1 to 3 per cent of the property’s sale price, plus 20 per cent VAT.

Removal costs

These usually vary from £300 to £600, although you could hire a van yourself to save money.

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