What are the current common hidden fees or unexpected charges, besides the buyer's premium and deposit, that new investors often miss when budgeting for a UK property auction purchase?
Quick Answer
New UK property investors miss hidden auction fees like legal costs, survey fees, Stamp Duty, and potential VAT, which can significantly inflate the total project budget beyond the buyer's premium and deposit.
About This Topic
Uncover hidden fees in UK property auctions beyond buyer's premium and deposit. Learn about unexpected costs like SDLT, legal fees, and surveys.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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