Arrangement/Product fees: Most lenders charge fees to organise the mortgage and these will vary from lender to lender. These fees will often make it possible for the lender to offer the applicant access to lower interest rates. With some mortgage products, these fees are waived as an incentive to the customer. ​Valuation fees: An independent evaluation is required before a mortgage can be approved on your new home. Most lenders offer free valuation on residential mortgages, but sometimes you will pay this cost and it will be non-refundable. ​Stamp duty: First-time buyers don’t pay Stamp Duty unless the house is valued at £425,000 or above. There are plenty of stamp duty calculators online you can use to help work out the costs based on your circumstances.  Legal fees: Solicitors will carry out the legal work required when purchasing a property including local authority searches. The fees for these services will vary between firms, so I would recommend speaking with several firms to get quotes.