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First-time buyers need to budget for these 21 costs

Lovemoney Logo By Abby Driver of Lovemoney | Slide 3 of 22: To guide you through the legalities of purchasing a property, you’ll need to hire a solicitor. They’ll be on hand to do everything from drawing up contracts to local searches and liaising with your sellers’ solicitors to agree on a date for exchanging documents, money and finally, the keys. Fees will vary from firm to firm, and country to country, but Zoopla recommends that you should allow up to £2,000 ($2.7k) for this.

Hiring a solicitor

To guide you through the legalities of purchasing a property, you’ll need to hire a solicitor. They’ll be on hand to do everything from drawing up contracts to local searches and liaising with your sellers’ solicitors to agree on a date for exchanging documents, money and finally, the keys. Fees will vary from firm to firm, and country to country, but Zoopla recommends that you should allow up to £2,000 ($2.7k) for this.

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