These fees depend on the property price and will usually be included with your conveyancing. Land Registry fees are charged by the Government for updating the records that they hold about your property such as the fact you are now the legal owner. Most homes in Scotland require a home report when marketed for sale, an EPC is included in this. If you are selling your home through Your Move we can help you obtain an EPC for a small additional charge, ask in your local branch for more details. Sellers are required to hold a valid EPC for a property before they sell. If you are selling you will also need an Energy Performance Certificate (EPC), an EPC is a report detailing the energy efficiency of a property. If you are also selling a house you will also have your Estate Agency fees to take into consideration too, these can vary depending on the agency you choose to sell with and any additional extras you choose such as professional photography.įind out about selling your home with Your Move here. Please note that if you are purchasing a second home or Buy to Let property, these will be different, please click here for a full list of rates. In Scotland from 31 March 2021, Land and Buildings Transaction Tax (LBTT) replaced UK Stamp Duty Land Tax, this is paid on properties over £145,000. The remaining amount (the portion above £1.5million) Property or lease premium or transfer value You must pay Stamp Duty Land Tax if you buy a property or land over a certain price in England, Wales and Northern Ireland, the current threshold is £125,000 for residential properties. Stamp duty (England and Northern Ireland) or Land and Buildings Transaction Tax (Scotland). Your Move have won Sunday Times Awards for Financial Services 9 years running and often have access to exclusive deals that you won’t find on the High Street. To find out how much you could borrow and the costs involved with taking out a mortgage and moving home, book a free initial appointment with one of our highly trained financial advisors. You may also want to consider taking out insurance policies such as critical illness insurance to ensure that if you were unable to work that your mortgage would be covered. There are various fees associated with taking out a mortgage which may include an arrangement fee and valuation fee – you will need to check these with your lender. You can find a list of our current mortgage deals here. There are many different types of mortgages available and what you could borrow depends on a number of factors including existing credit payments, regular outgoings, income and more.
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