BillyCabrio

iTrader: (1)

What are the costs involved?

I've never done it before, i'm not looking for true costs, just some ball park figures to give me an idea.

Ta.

Redkop

Estate Agents charge in the region of 1¼-1½% of whatever you sell the house for and solicitor's fees can be anything between £500-£800 depending on the sale price.

Alg1k

iTrader: (2)

I got my est agent down to 1% and solicitors cost £560

mick_rst

If you are buying on double that solicitors fee and add stamp duty..

Sols = £1200 (Buying and selling)
Stamp Duty = 1% over 125k 3% over 250k
Est Agents = 1.5% average (+ vat)
Removals = ??
Mtge fee's = ??

OldSkoolRS

Negotiate hard on the estate agency fee as the margins are huge and its easy to save some dosh.

Thrush

iTrader: (1)

Paul Ripley and COmedy Dan are you people for this

BillyCabrio

iTrader: (1)

Thanks peeps

BTTT for Paul & Dan then

BillyCabrio

iTrader: (1)

Rippers

Estate Agency fee's in my area can vary loads! from 1% - 2% but like everyone says 1% shouldn't be too hard to negotiate esp as its a sellers market at the moment.. with more buyers then houses most are selling quickly

Solicitor/conveyancer Fee's vary depending on selling/purchase price.. also they generally charge more for work on Leasehold properties.

BillyCabrio

iTrader: (1)

Thanks Paul