When purchasing a home through Your Home, there are a few costs you need to consider.
We've outlined some indicative costs you will need to have budgeted for. A full set of costings will be provided once you have been approved for Your Home.
| Pre-Completion Costs | Amount to budget for | Frequency |
| Solicitors Fees | £800 - £1,500 | One off |
| Valuation Fee | £400 - £1,000+ | One off |
| Costs on Exchange | Amount to budget for | Frequency |
| Deposit | Minimum of 10% of full property price | One off |
| Costs on Completion | Amount to budget for | Frequency |
| Product Fee | £1,100+VAT | One off |
| Rent | 4.89% of unsold share value | On completion then monthly |
| Lease Management Fee | £25.73 | On completion then monthly |
| Building Insurance | Dependent on property value | On completion, then monthly or annually |
| Stamp Duty Land Tax (SDLT) | Dependent on property value | One off |
| Deposit | Remaining funds due to purchase your share (min 25%) | One off |
A comprehensive breakdown of associated costs will be made available to you on successful application.
Should you encounter difficulties in making your monthly payments, please contact our portfolio team straight away to explore possible solutions. portfolio@heylohousing.com
As a last resort, your home may be repossessed if you do not keep up with the payments.
Start your application
It should take no more than 10 minutes
