Solicitors Fees

As well as paying a solicitor or licensed conveyancer for the work that he or she does, you’ll have to pay the cost of land registry charges and local search fees.

Stamp Duty

This is a tax paid by you when you buy a property worth £125,001 or more. The threshold for first time buyers is £250,000. The amount you pay will depend on the value of the property you’re buying.

Valuation and Survey Fees

You may need to pay for a valuation or survey. The amount you pay will depend on the type of valuation or survey you have.

Mortgage Advice Fees

Some brokers may charge a fee for the advice they give you, however we do not charge for our advice.

Application/Arrangement fees

We do not charge for our advice. Instead, we simply charge a fee for processing your mortgage application. Our typical fee is £299, however the actual fee will depend on your circumstances.

Your home may be repossessed if you do not keep up repayments on your mortgage.

If you add any fees to your loan, interest will be charged on these amounts during the term of the mortgage. Some fees will not be refunded even if your mortgage doesn’t go ahead.

Lists of links to other pages

• What is a Mortgage

  Put simply, a mortgage is just a loan but with a key difference that it’s secured against your home. This means that if you don’t keep up your mortgage payments, your lender may be able to sell your home to recover the money you owe.

  

• How much can I borrow

  How much you can borrow depends on several factors. You should find out how much you can borrow before making an offer on a property.

  

• A Guide to Mortgage Types

  We understand that buying a home is a big step and one of the biggest financial decisions you’ll make in your life, and can seem a daunting and complicated process. Through this online guide, we hope we can help you find your way through the maze.

  

• Ways to Repay Your Mortgage

  There are two basic styles of mortgage – ‘Repayment’ and ‘Interest Only’.