Besides the mortgage deposit, what other upfront costs (stamp duty, legal fees, etc.) should I budget for on a £150k buy-to-let purchase in Leeds, to calculate my total cash outlay?
Quick Answer
Budget for Stamp Duty Land Tax (SDLT), legal fees, valuation, mortgage arrangement, and potential broker fees for a £150k buy-to-let in Leeds, in addition to your mortgage deposit.
About This Topic
Budget for SDLT (5% surcharge), legal fees (£1-2k), and mortgage fees (£1-2.5k) on a £150k BTL in Leeds. From April 2025, SDLT is £7,500, increasing your total upfront cash outlay.
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