Mortgage application fees – also known as mortgage product fee, can range from £0 to thousands of pounds.
2. Property valuation fees – Can be free if offered by the lender.
3. Solicitor and legal fees – They will charge you to carry our local searches and to complete legal paperwork. These can vary on the price of the property but will be around £850 - £2000+ depending on the property price and survey you undertake
4. First time buyer stamp duty- It can be £0 if the property value is below £300,000. If the property value ranges from £300,000 to £500,000 than you’ll have to pay 5% of the property value above £300,000 only.
5. Contents and building insurance – It is mandatory to buy a building insurance for the mortgaged property.