Conveyancing costs

A conveyance is the legal work required to complete a purchase. This is undertaken by a conveyancer, which is a solicitor who deals in Property Law. 

We usually advise people to budget 1% of the purchase price to cover this, although the fee is rarely below £1500. 

The actual fee you pay will depend on your individual circumstances and purchase type. 

Lender Arrangement Fee

Some lenders charge a fee for you to use their mortgage product. 

Sometimes this fee can be added to the mortgage, but you would need to consider that you’d be paying this off over the period of the loan and actually be adding on extra interest!

Typically, this fee is around £999.

Valuation Fee

To get a mortgage on a property, you would need to have it valued by the bank. This is called a mortgage valuation. 

A bank can charge you for a valuation, and this could range from £300 – £500 or more. Some lenders may offer an incentive of a free valuation on some of their products, but not always. 

The main purpose of a valuation is for the bank to confirm the property is being purchased for the correct price. There is the option for you to have your own independent survey carried out if you would like more information on the condition of the property. Click here to be taken to the RICS website for more information. 

Our Arrangement Fee

While our advice is offered free of charge, we do charge a fee if you wish us to apply for your mortgage on your behalf. 

The cost will depend on the complexity of the mortgage you are wishing to apply for. 

The fees start from £299 for a basic application and can go up to £999 for the most complex of cases. 

This is not payable until the point of your formal mortgage application, and everything will be discussed and agreed with you beforehand. 

Stamp Duty Land Tax

Following the ‘holiday’, most people will now be back to having to pay Stamp Duty Land Tax. The amount payable will depend on the purchase price of the property, and there are concessions for First Time Buyers. 

Click here to be taken to the governments Stamp Duty Land Tax page for more information on costs and thresholds. 


When you purchase a property, you will usually need to have some form of deposit to put down on the house. 

The amount of deposit you will have to put down depends on a variety of factors, including the purchase price, your personal circumstances, and whether you are using a Government Incentive Scheme.

Typically, a mortgage will require a minimum deposit of 5% of the purchase price or upwards.