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The following is an indication of the fees and other costs
associated with a typical purchase. Costs, in particular legal fees, will vary depending on the specific transaction in question.
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Valuation fee2
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- Cheques made payable to "The Ahli United Bank (UK) PLC".
Valuation fees are paid by the customer and
calculated at a rate of £1 per £1,000 (min. £150) plus VAT. On
property values in excess of £500,000 fees will be negotiated
individually with the valuer.
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Local Search Fee1/2
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- We understand that this will vary between approximately. £80 and £200.
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Land Registry Fee
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- A scale of charges applies dependent upon the sale price of the
property. e.g. The fee for property purchased for £100,000 would be
approximately £200. Your solicitor will provide full details on request.
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Solicitor’s Fees2/3
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- You must pay both AUB (UK)’s and your own solicitor’s
fees. AUB (UK)’s solicitor’s fees are as follows:-
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Property Purchase
| Up to £125,000 | | £295 |
| £125,001-£250,000 | | £375 |
| £250,001-£350,000 | | £495 |
| £350,001-£500,000 | | 0.175% of the property value |
| £500,000+ | | 0.290% of the property value |
All fees quoted are excluding VAT.
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Arrangement Fee
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- 0.75% of property valuation, less first payment.
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Stamp Duty
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Calculated on the purchase price of the property
between us and you, at the following rates:-
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- 1% of the sale price from £125,000 to £250,000
- 3% of the sale price from £250,001 to £500,000
- 4% above £500,001.
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In certain areas properties are exempt from Stamp Duty up to the value of £150,000.
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1 This fee can vary from council to council.
2 These fees are subject to VAT (currently 17.5%).
3 Plus sundry disbursement costs where applicable (courier charges, etc.).
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