Wiltshire Council Shared Ownership
One-off fees (payable before completion)
- Legal costs for the buying process (known as conveyancing)
- Stamp duty (although many properties are below the current threshold)
- Mortgage adviser fee if a mortgage application is submitted
- Mortgage valuation fee and any arrangement fees charged by your mortgage provider
- Removal costs
- Reservation fee (applicable for new builds only; normally £250) which is deducted from the final sale price of your share
- Mortgage deposit - usually a minimum of 5% of the share you are purchasing
- Up to two months' worth of rent and service charges, paid in advance before you move in.