Buyers' costs
This content applies to England only.
Housing laws vary between England and Scotland. Get advice relating to Scotland
Buying a home is probably the most expensive purchase you will ever make. It's a long-term financial commitment and you will need a regular income. You will have to pay a number of fees and other expenses before the sale is final.
When working out your ongoing costs, don't forget all the extras you will have to pay for, such as insurance and heating your home.
Things to consider
Things you should consider when working out how much you can afford to spend.
Valuation and survey fees
Outlines the costs involved in getting a valuation and/or a more detailed report to check the condition of the property.
Legal fees and expenses
Explains what legal expenses you will have to pay for and what you can do if you think your solicitor's bill is unreasonable.
Ongoing owners' expenses
Covers homeowners' regular financial responsibilities, which can be expensive on top of the mortgage and insurance costs.
