When thinking of buying a new property, the deposit is the biggest expenditure you are likely to have. You may have been saving for quite a while, putting savings away...
If you’re thinking about buying a new home, you’ll need to budget for more than just the deposit. It’s a stressful time, saving! You work hard to put away savings each month and feel like celebrating when you have saved enough for that all important deposit. But don’t get carried away too early, as there are other costs that you need to take into account!
When you’re working out your ‘buying a house’ budget, you also need to take account of the cost of buying, your mortgage fees and moving costs – on top of your deposit. It all adds up and can easily plunge you into debt if an unexpected bill hasn’t been taken into account.
Join our mailing list
If you would like to receive updates from us, please enter your details on the form provided