The Real Cost of Buying a First Home in Lee-on-the-Solent
A first purchase at the £425,000 Lee-on-the-Solent average needs about £52,050 in cash, made up of £42,500 deposit, £6,250 stamp duty with first time buyer relief, and roughly £3,300 in fees.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
A first purchase at the £425,000 Lee-on-the-Solent average needs about £52,050 in cash, made up of £42,500 deposit, £6,250 stamp duty with first time buyer relief, and roughly £3,300 in fees.
Every pound you need before completion in Lee-on-the-Solent
On the local average the deposit is £42,500, stamp duty is £6,250 and fees are near £3,300. Total cash needed is about £52,050.
First time buyer relief saves you £5,000 against the standard charge of £11,250 at this price. Rates are those in force from April 2025. Confirm the current position on gov.uk before you exchange.
Where the upfront cash goes
The commercial page for this town sets out the introduction itself: Mortgage advice in Lee-on-the-Solent.
Borrowing power on a Lee-on-the-Solent income
Running costs from week one
Band D council tax in Lee-on-the-Solent is £2,344 a year, which is £195 a month. Add energy, water, insurance and maintenance.
Protection belongs in the same budget. If the mortgage depends on two incomes, it depends on both people staying well enough to earn. That is the part of the purchase we advise on directly.
The Lee-on-the-Solent detail first buyers ask about
The schools families ask about here are Lee-on-the-Solent Junior School, Crofton School (Stubbington), Sixth-form & college and Independent options (Portsmouth). 2 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Lee-on-the-Solent to Fareham station takes about 15 to 20 min drive.
By price, Lee-on-the-Solent ranks 141 of the 178 Hampshire locations we cover, at £425,000 against a county average of £535,916. Band D council tax here is £2,344, against an average of £2,319 across the towns we cover in the county.
What your money buys in Lee-on-the-Solent
Lee-on-the-Solent is a Solent-shore seaside town on the western edge of Gosport borough, with a long seafront and Isle of Wight views.
The full local guide covers schools, transport and the market in detail: Lee-on-the-Solent property and area guide.
Average prices sit below the £500,000 relief ceiling, so most first purchases here still qualify. Check your own price against the threshold.
| Budget | What it buys here |
|---|---|
| Around £180,000 to £275,000 | A flat or smaller house, the more accessible way into the seaside town. |
| Around £300,000 to £500,000 | A terraced, semi or family home, the heart of the Lee-on-the-Solent market. |
| £500,000 and above | A larger detached or seafront home with Solent views, the top of the local market. |
- A characterful seaside town
- A long seafront & Isle of Wight views
- Seaside-resort character & aviation heritage
- A genuine waterside setting
- Gosport, Stokes Bay & Alverstoke close by
- No station in the town (Fareham near; ferry from Gosport)
- The peninsula's western edge, journeys funnel out via Fareham
- A coastal flood consideration on the seafront & low ground
- Seafront & older homes need careful surveys
- Waterside homes still mean substantial lending
Lee-on-the-Solent is known locally for The seaside-resort heritage, and The Hovercraft Museum. Lee-on-the-Solent's story is that of a late-Victorian seaside resort, developed from 1884 to 1894, its expansion driven by Charles Newton-Robinson, with Marine Parade, a pier, a railway and distinctive red-brick villas.
Practical detail for Lee-on-the-Solent: the PO13 postcode district, no own station, nearest main line is Fareham; the Gosport Ferry (from Gosport) crosses to Portsmouth Harbour (direct to London) and nearest A and E is Queen Alexandra Hospital (QA), Cosham, a drive via Fareham; local minor-injuries unit only; verify with NHS.
Lee-on-the-Solent at a glance
| Upfront cost | Lee-on-the-Solent figure |
|---|---|
| Average price | £425,000 |
| Deposit at 10% | £42,500 |
| Stamp duty, first time buyer | £6,250 |
| Stamp duty, standard rate | £11,250 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £52,050 |
| Monthly repayment illustration | £2,236 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Lee-on-the-Solent
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £52,050, not just the deposit
- Your stamp duty position confirmed on gov.uk
- A first year running cost budget including £2,344 council tax
- Income protection quoted before completion, not after
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Lee-on-the-Solent
Broadband speeds can vary street by street in Lee-on-the-Solent, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much money do I need to buy a first home in Lee-on-the-Solent?
Do first time buyers pay stamp duty in Lee-on-the-Solent?
What is the biggest hidden cost?
How do I check broadband speed at a property in Lee-on-the-Solent?
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