Hidden Buying Costs in Hampshire: The Real Budget Beyond Your Deposit

Hidden Buying Costs in Hampshire The Real Budget Beyond Your Deposit

Your deposit is only part of the story. To avoid last-minute surprises, factor in these often-overlooked costs when buying in Hampshire.

Conveyancing & legal

  • Solicitor/conveyancer: ~£950–£1,800 (freehold), more for leasehold or complex titles.
  • Searches: £250–£400+ (environmental, drainage, local). Coastal/rural properties may need additional flood or private drainage checks.

Surveys & valuations

  • Lender valuation: £0–£350 (sometimes included).
  • Homebuyer survey: £400–£900 (typical).
  • Building survey (period/large homes): £800–£1,800+. Older Winchester/Romsey stock often benefits from this depth.

Mortgage costs

  • Arrangement fee: £0–£1,999 (can be added to the loan).
  • Broker fee: £0–£600+ (many worth their weight in gold).
  • CHAPS/telegraphic transfer: ~£25–£45.

Taxes & registrations

  • Stamp Duty Land Tax: Varies—don’t forget surcharges for second homes.
  • Land Registry fee: £20–£910 depending on price and submission type.

Insurance & protection

  • Buildings insurance: Required from exchange. Cost depends on rebuild value and location (coastal exposure can raise premiums).
  • Life/income protection: Optional but wise.

Moving & set-up

  • Removals: £400–£2,500+ (size/distance).
  • Storage: £30–£80+ per week if needed.
  • Immediate works: Lock changes, alarms, boiler service, deep clean (~£300–£1,000).

Hampshire-specific considerations

  • Private drainage/septic systems: Inspection/upgrade contingencies.
  • Thatched/period insurance premiums: Often higher—get quotes early.
  • Permits in conservation areas: Budget time/cost for compliant works post-completion.

Final word

Create a total cost worksheet before you offer, not after. Want a tailored estimate for your chosen area and price point? Get in touch—we’ll map out your full buying budget so nothing derails your move.

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01590 607 212

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Hampshire House Sale
Grigg Lane,
Brockenhurst,
New Forest,
Hampshire
SO42 7RE

CALL US ON 01590 607 212

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