It is easy to get caught up in the rosier processes of purchasing a property, it’s not quite so pretty if you are slapped with some extra fees you are not prepared for. Before applying for a mortgage that simply takes into consideration of the cost of the house, you need to keep in mind that simply applying for a mortgage can cost as little as £200, it can however cost as much as £600. If you are taking out a mortgage that already stretches your cash capabilities to their limit, then this extra charge may prove difficult to source.

It is also wise to keep in mind the cost of valuation fees and any surveys that need to be carried out. It is always better to pay the relatively small amount charged by a surveyor to declare the quality of the home than to get caught out with a horrific home that is ready to crumble around your ears.

These have varying costs associated with them, the average cost of a home buyers report will set you back between four and five hundred pounds where a structural survey will be charged in the region of £850. It is potent to remember you keep these potential costs in mind prior to processing your mortgage application.