Latest news provided by FT.com

MortgaGE Best Buys

FIRST TIME BUYER ADVICE

We can guide you through the whole purchase process providing all the first time buyer advice you need.

Set out below are the main costs you may incur when purchasing a property. This is by no means every cost but it covers the main ones to budget for.

Solicitor Fees - This amount will vary from case to case but for a single purchase, typical legal fees including disbursements may be around £700 - £1000

Property Survey - If you are arranging a mortgage to purchase your new property the lender will instruct a surveyor to carry out a valuation to confirm the property will be acceptable as suitable security. This can typically cost between £250 - £350 but this figure may be higher on some mortgage products.

Consult Mortgages is an Appointed Representative of Mortgage Intelligence Ltd. which is authorised and regulated by the Financial Services Authority, under number 473697, in respect of mortgage and insurance mediation activities only.

 

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

 

The initial mortgage consultation is FREE of charge, please make contact with us to discuss your needs, there is no obligation to proceed. For mortgages which complete we typically charge a fee of £395 plus we would retain the commission from the lender. The exact amount of fees payable will depend on your needs and circumstances, which will be discussed and agreed with you before an application is made. Alternatively, you can choose to pay by the fee only option which is typically 1% of the loan amount and any commission from the lender would be rebated to you. See our Fair Fees Policy.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK

 

Data Protection  |  Site Terms

 

South West Mortgage Advice

 

web design FTC Design

Stamp Duty - Government tax payable when you complete your purchase. The amount payable is based on the purchase price.