There are other costs to consider when doing your first-time buyer mortgage, other than a deposit, including: Stamp duty - First-time buyers will have to pay Stamp Duty depending on the property purchase price. To find out more about how much property tax you'll need to pay, use our Stamp Duty calculator. Arrangement fee - This is the administration charge made by lenders for arranging to take out a mortgage. Fees vary, and you can choose to either pay this up-front or add it onto your mortgage. However, if you choose the latter expect to pay more in interest. Survey fees - The money paid to a surveyor to perform an inspection on the property's structure to determine its condition and value. The fee varies depending on the level of detail you want and the size of the property. Legal fees - The sum paid for legal services, including conveyancing and land searches. Home insurance - As part of their contract, some lenders only offer mortgages if you have buildings insurance.