basic fees - these should cover all time related costs (such as dealing with your lender and completing the stamp duty tax return) and all business overheads
(such as postage, photocopying and Professional Indemnity charges.
The Conveyaning quote
should include a breakdown for the Conveyancer's basic fees and the Disbursements or payments that they make to others on your behalf.
Disbursements - Land Registry office copies, Local authority searches, Drainage search, Environmental search, Location specific searches (not usually included in an inital quote)
Stamp Duty Land Tax, Land Registration fee. Be wary of cheap online quotations which do not show all costs and a full breakdown until after you have signed up.
Some Conveyancing companies use unfair methods to present a cheap quote for their "services" and then include additional fees
within disbursements which are related to their own costs such as postage and time spent liaising with your lender.
Surveys - It's prudent in most cases to pay for a private survey of the house. This is the largest purchase you are ever likely to make, after all. Check which type of house survey is best
for you and your circumstances.
duty is a tax on the property and land transactions in the UK.
There are different percentage rates of tax to be paid to HMRC
depending on the value of the property being purchased and different
rates for residential property, commercial property, freehold and leasehold.
Stamp Duty Land Tax Rates
forget to budget for your removals cost and any self storage which you
may need for temporary arrangements required. There are many companies
to chose from for house removals such as National company Pickfords and
Britania Movers, but there are also many local removal companies or man
and a van or self hire to reduce costs. Check that they hold suitable
insurance for damages on route as well as public liability insurance.
Packaging and wardrobe boxes are often available additional services
which can save you time. More on removal
Moving in and costs of the new house
include Building insurance premiums, Contents insurance premiums, Disconnection of services, Reconnection of services ( water, gas,
Installation of new equipment (e.g. sky dish), carpet laying, mail redirection, change of address notice.
there will be other fees if you are also selling a house so see costs of selling a house