So, you have your deposit saved and you’re ready to buy your first home? Well, it’s not as simple as getting a mortgage, picking up the keys and moving in. Before you go any further, work out the true cost of buying to make sure you’re fully prepared.
Fees: There are a number of fees in
arranging a mortgage – from arrangement fees, valuation fees, legal fees and,
of course, stamp duty and surveys. It can appear a little daunting at first, so
your best bet is to seek the advice of a mortgage broker who can help
you understand the various costs associated with buying a home.
Of course, there are other moving fees to
consider too such as a removal van, any installation costs and whatever
furniture and appliances you will need as you move onto the next chapter in
your life.
Don’t let that put you off. Buying your
first home is exciting and gets you on the property ladder. But it’s wise to
consider all the costs beforehand to ensure you can afford your new life. And
one of the most important factors is getting the best mortgage deal.
Don’t leave things to chance. Contact a
mortgage advisor who can help calculate your mortgage affordability and
find the best deal for your circumstances.
My Mortgage Maker offers advice and support for clients in Woking, Bristol and
Bath. Get in touch today.
