How much will it cost?
Complete the table below and add up the costs for an idea of how much it will cost you to move.
If you are buying |
If you are selling |
Initial deposit/
Holding charge |
£ |
Legal fees
(If not already entered under “buying”) |
£ |
| Legal fees |
£ |
Estate Agent’s fee |
£ |
| Stamp Duty (if applicable) |
£ |
Removal costs
(If not already entered under “buying”) |
£ |
| Main deposit |
£ |
|
|
| Surveyor’s fees |
£ |
|
|
| Mortgage set-up charge |
£ |
|
|
| Removal costs |
£ |
|
|
| TOTAL |
£ |
TOTAL |
|
| Total cost of buying and selling |
£ |
You can use this list to assess how much your total monthly outgoings are likely to be in your new home.
| ITEM |
MONTHLY COST |
| Mortgage payment |
£ |
| Other loans/hire purchase |
£ |
| Buildings and contents insurance |
£ |
| Life policies/health cover |
£ |
| Pension |
£ |
| Savings |
£ |
| Council tax |
£ |
| Gas/electricity/domestic fuel |
£ |
| Water |
£ |
| Telephone (landline/mobile/internet) |
£ |
| TV licence |
£ |
| TV/Video rental |
£ |
| Car running costs |
£ |
| Food and groceries |
£ |
| Clubs/hobbies/memberships |
£ |
| School/nursery fees |
£ |
| Other |
£ |
| |
| Total (A) |
£ |
| Your monthly income (B) |
£ |
| Balance (B-A) |
£ |
Your home may be repossessed if you do not keep up repayments on your mortgage.
Article Date: April 2006 |
