Reviewed 19 July 2026

What does it cost to buy a £150,000 house?

Direct answer

With a 10% deposit, the calculator's England home-mover example requires £20,055 in total cash. £5,055 of that sits above the £15,000 deposit and includes property tax, transaction estimates, moving, insurance and contingency under the stated assumptions.

At £150,000, the deposit is comparatively modest, but legal, survey and mortgage costs do not shrink in the same proportion as the property price. That makes the cash needed above the deposit especially important.

Why fees matter more to a £150,000 budget

The calculator's core non-tax transaction range is £1,935 to £4,335. It covers legal work, searches, survey and valuation, mortgage fees, registration and bank-transfer fees; it excludes the deposit, property tax, moving, insurance, furnishing and contingency.

In the England home-mover planning example, costs above the 10% deposit are £5,055. This is why a buyer who has saved exactly £15,000 has not yet funded the full purchase process.

A smaller price, three different deposit targets

A five-point change in deposit percentage moves the cash deposit by £7,500 at this price. The mortgage figures are arithmetic illustrations, not lending or affordability decisions.

The table below shows deposit amounts for a £150,000 purchase, with columns for Deposit, Cash deposit, and Illustrative mortgage.

Deposit amounts for a £150,000 purchase
DepositCash depositIllustrative mortgage
5%£7,500£142,500
10%£15,000£135,000
15%£22,500£127,500
20%£30,000£120,000

On smaller screens, scroll sideways to view every column clearly.

Property tax is not the same across the UK

The calculator produces £500 SDLT for an England home mover, £100 LBTT in Scotland and £0 LTT in Wales. Registration and estimate-led costs can also vary.

First-time buyer status changes the England example, so use the row matching both your nation and buyer type.

The table below shows calculated £150,000 examples by nation and buyer type, with columns for Scenario, Property tax, and Estimated cash with 10% deposit.

Calculated £150,000 examples by nation and buyer type
ScenarioProperty taxEstimated cash with 10% deposit
England first-time buyer£0£19,555
England home mover£500£20,055
Northern Ireland home mover£500£20,197
Scotland home mover£100£19,683
Wales home mover£0£19,544

On smaller screens, scroll sideways to view every column clearly.

Replace the £150,000 example with your own quotes

Run this price in the calculator, choose your nation and buyer type, then replace market estimates with current transaction quotations.

Go to the calculator

Compare nearby property prices

If you are budgeting around this price point, it can help to compare nearby price points because deposit size, tax treatment and total upfront cash can change quickly.

FAQ

Questions buyers usually ask

Is £15,000 enough to buy a £150,000 house?

£15,000 is a 10% deposit, but it is not the full cash target. The stated England home-mover example totals £20,055 after tax, estimated transaction costs and selected planning allowances.

How much is a 5% deposit on £150,000?

A 5% deposit is £7,500. Product availability and affordability are lender decisions.

Does every £150,000 buyer pay property tax?

No. The result depends on the UK nation, buyer type and any additional-property treatment. The comparison table uses the site's current tax engine for each stated scenario.

Editorial record

Page reviewed
19 July 2026
Calculator data
2026.07.1

Official charges use linked public rules; quote-led figures remain planning assumptions until you replace them. Read the source and calculation method or report an error.