What are the expected costs or kind of costs that would incur when purchasing a property in the UK (city) (around GBP 250K)?



  • What are the expected costs or kind of costs that would incur when purchasing a property in the UK (city) (around GBP 250K)?


  • EXPERT

    The main cost for any property purchase is stamp duty and in the UK there is an additional 3% charged if the purchaser owns property anywhere else in the world. On the assumption that the buyer does, and a purchase price of GBP 250,000 you would pay GBP 10,000. The other costs are the legal/conveyancing which is typically GBP 1-1,500.