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fatmansandy

Joined: 19/03/2009 Posts: 8
Message Posted: 24/08/2011 11:39 | Join or Login to Reply | Message 1 of 4 in Discussion |
| what are the total cost for buying a new property ie; solicitors, taxes, vat etc what are the hidden charges. |
vicky84

Joined: 16/01/2011 Posts: 140
Message Posted: 08/09/2011 17:39 | Join or Login to Reply | Message 2 of 4 in Discussion |
| if you are buying new property it will be about 10%, if you buy re-sale you will safe about 5% on VAT. |
ozankoys

Joined: 20/06/2008 Posts: 905
Message Posted: 08/09/2011 18:54 | Join or Login to Reply | Message 3 of 4 in Discussion |
| Solicitor will charge approx £1200, Stamp Duty 0.5%, Purchase Tax 3%, Municipal Tax 1% on this 3%, VAT (if this has not already been paid) 5%, if you have to buy the electricity & water meters they will be approx £1600. Then you have to buy electrical goods, aircon and furniture! |
nicola

Joined: 06/09/2011 Posts: 246
Message Posted: 08/09/2011 19:04 | Join or Login to Reply | Message 4 of 4 in Discussion |
| Dont do it lol, rent. |
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