What Costs are involved?

The fees and costs associated with the purchase of a property are -

• a valuation fee to inspect and value the property.
  
• the lender’s arrangement fees, if applicable, which can usually be added to the loan.
  
• Broker fee for advising, sourcing and arranging the mortgage.
  
• solicitor’s costs and disbursements (such as local searches and land registry fees).
  
• stamp duty land tax if the purchase price is over £125,000.