Solicitors completion statement

[Denim]

I am in the process of selling and buying another house and I have just received my solicitors completion statement. Once everything has been taken into account mortgage etc... there is a balance left that I have to pay but it is more than I thought it would be.

Sell house @ £225, 000 which has a mortgage of £154, 965

Purchase house @ £271,000 with a new mortgage of £156,689.76

Solicitors fees to be added are £1002.05

What figure do you make the balance due to be not including any stamp duty ?

[buildersmate]

Proceeds from your sale is £225000 - £154965 = £70035
Funding required from you to finance your purchase is £271000 - £156689.76 = £114310.24
Less the proceeds from your sale is £114310.24 - £70035 = £44275.24
Add on solicitor's fees of £1002.05 = £45277.29

Simple maths really.