Hi i am looking to purchase my first house in london zone 4/5 and was wondering if there are any websites to check whats the cheapest and bets deal i can get for a mortgage.
am i better off just speaking to each individual bank or is there a website that can compare them all?
i am not looking over 250k for a property just to keep the stamp duty low which is 3% currently if i am correct.
How much would i need to purchase a house besides the deposit?
from what i can see, i would need to pay for the above:
- deposit(10% i will give for a 250k or below on a 30+ year mortgage)
- stamp duty tax
- solicitor fees
Am i missing anything?
Also, what are the typical expenses i would need to pay per month once i own my own property. so far i know of these things:
- mortgage repayments 1200pm
- gas ??
- electric ??
- water ??
- council tax ??
- Food 400pm
- building insurance ??
- broadband 20pm
- Car one(insurance 45pm, car service 300 a year)
- Car Two(insurance 100+pm, free for another 4 years)
- Rainy day/savings 200-300pm
I have another question though. i plan to have a stab at doing contract work as i can earn double what i am earning now getting 400 a day or more. i heard mortgage lenders dont like contractors and prefer people working on a stable perm role(nowadays what job is stable?)
Thanks in advance


LinkBack URL
About LinkBacks
Reply With Quote

