Getting a better home deal
Buying a house is the biggest purchase most of us will ever make, yet we sometimes spend less time researching it than we would if we were buying a new TV!
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Home Insurance
Ann Maurice
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Buying a home
Buying a home
Since the seller pays the cost of the estate agent, internet site or auctioneer, it makes no financial difference what route you choose to buy a home. You will however, have to find the cash to pay for a survey of your new home, legal fees, mortgage fees and the killer stamp duty. This is payable on a sliding scale from 1% on properties worth £125,000 (£150,000 in certain areas) up to 4% on properties worth £500,001 or more.
Since the seller pays the cost of the estate agent, internet site or auctioneer, it makes no financial difference what route you choose to buy a home. You will however, have to find the cash to pay for a survey of your new home, legal fees, mortgage fees and the killer stamp duty. This is payable on a sliding scale from 1% on properties worth £125,000 (£150,000 in certain areas) up to 4% on properties worth £500,001 or more.