Money & Business
Rent or buy? The challenge of access to housing
...Scotland, Land Transactions Tax in Wales and similar taxes in other countries), and valuation and legal fees. There may also be a fee for arranging a mortgage that can either be paid upfront or added to the loan. Taken together, these additional costs can be substantial – for example, equivalent to another 5 to 15% of the value of the property, so must be estimated and...