The costs involved

Mossess

Hello every body, looking for some insight into costs.
I’m selling a house for about 200k and buying another for about the same.
What are the actual costs involved?
Solicitors – how much?
Auctioneers – how much?
Advertising – how much? (if the sale takes a which is it billed per month)
The BER Cert – how much?
Any other costs?


Thanks in advance

Zamboni

Depreciation

Mossess

Zamboni wrote: »

Depreciation

Very good. but no, got in before the Tiger roared so not caught in that trap.

djmcr

Mossess wrote: »

Hello every body, looking for some insight into costs.
I’m selling a house for about 200k and buying another for about the same.
What are the actual costs involved?
Solicitors – how much?
Auctioneers – how much?
Advertising – how much? (if the sale takes a which is it billed per month)
The BER Cert – how much?
Any other costs?


Thanks in advance

Solicitors, looking at about 1000-1500 per transaction plus costs to register second house of 900

Auctioneers 1.5% of sale price plus VAT
Advertising should be included in auctioneers costs
BER cert in the region of 200
Stamp duty of 1% on new house
Moving costs of a couple of hundred

riclad

USE 1 solicitor for both transactions, he should give you a discount ,
legal cost 1 house 1100 to 1500 ,depends on who you go to.

Mossess

Thank you djmcr & riclad

riclad

if house was rented out, and you were not resident there,
You could be liable for capital gains tax, if the value increased since you bought it.