True Cost of Buying
The purchase price is just the beginning. Calculate the total cost of buying a property, including all the fees and charges most buyers forget about.
True Cost of Buying
£
£
%
years
Purchase Fees
Stamp duty£5,000
Solicitor/conveyancer fees
£
Typical: £850–£1,500
Survey cost
£
HomeBuyer: £250–£450, Building: £500–£700
Mortgage arrangement fee
£
Some lenders charge £0, others up to £2,000
Mortgage valuation fee
£
£150–£1,500 depending on property value
Moving costs
£
Removal company: £500–£2,000
Total purchase fees£9,149
Mortgage Cost
Loan amount£315,000
Monthly payment£1,751/mo
Total repayment over 25 years£525,262
Total interest paid£210,262
Purchase price£350,000
Purchase fees+£9,149
Mortgage interest (25 years)+£210,262
What you'll actually pay£569,411
All fees are editable – adjust to match your situation. Stamp duty and mortgage interest are calculated automatically. This assumes a fixed rate for the full term – actual costs will vary if you remortgage. Seek independent mortgage advice.
What's included
- Stamp Duty Land Tax (SDLT) – calculated automatically based on current rates. First-time buyer relief is applied if selected.
- Solicitor/conveyancer – legal costs for handling the purchase, searches, and land registry.
- Survey – a structural assessment of the property. Options range from a basic HomeBuyer Report to a full Building Survey.
- Mortgage arrangement fee – charged by some lenders for setting up the mortgage.
- Mortgage valuation – the lender's own assessment of the property's value.
- Moving costs – removal company, van hire, and associated expenses.
All amounts are editable so you can adjust them to match your specific situation. Stamp duty is calculated automatically and cannot be edited.