| Asking price |
£120,000 |
| Offer - often 7% below asking price |
£111,600 |
| Legal fees (typical costs) |
£550 |
| Typical price reductions due to work identified in survey |
£2,232 |
| Estate Agent fees (typically 2.0% + VAT) |
£2,378 |
Mortgage payments - typical payment over 6 months |
£3,711 |
| Total costs |
£8,871 |
|