As a rough guide, you should budget for between 5-7% of the purchase price, in addition to your deposit, to cover fees and charges. While mortgage and stamp duties will make up the bulk of this 5-7%, the balance may include;

• Building and pest reports

• Valuation fees

• Lenders mortgage insurance (LMI)

• Solicitors fees

• Insurances

• Utility connection fees – phone/gas/electricity

• Council and water rates

• Removalist costs