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Realistic Costs of Owning a 2 Bed Flat

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  • bouicca21
    bouicca21 Posts: 6,727 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    In my 2 bed rental (Victorian conversion but 1st floor so insulated by flat above and below) the electric was always about £30 a month; gas (combi boiler) was £15 in the summer and £30 in the winter and that's with lots of jumpers and being careful with the heating. So far in my new flat (purpose built and double glazed but bigger) the bills are about the same.

    Some shared ownership schemes have communal boilers - check it out.
  • Carpi09
    Carpi09 Posts: 300 Forumite
    Seventh Anniversary 100 Posts Combo Breaker
    I've spoken to my mortgage broker, she is stating that it would be best to go with a 35 year long term, fixed for 2 years at 2.59% so it can go as smoothly as possible. No upfront fees.


    Then I can make my 10% overpayments on top.


    Sounds about right to me. Decided to go against the offset because of the upfront fees involved.
    :j

    Planning for my future early

    :T Thank you to the members of the MSE Forum :T
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