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How much total do I need to pay first if I want to buy 180,000 flat?

If I want to buy a flat that is 180,000, 25% deposit, will I need to pay 45,000 pounds when I buy? Also,I know I must pay the solicitor, stamp duty, commission etc. Do I need to pay right away or is it transferred to my part of the mortgage? Thanks for answering my question.

Asked on Jan 20 2013, General in London | Report content

Answers (1)

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  • Hi. It depends on the mortgage you get but 25% is 25% so you can't add costs on top or it will reduce the %...if that makes sense! You won't normally pay commission to the agent, the seller does that. Good luck!

    Answered on Jan 22 2013, Report content

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