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Potential FTB moving/purchasing costs

foldydog1234 · 2023-07-24 15:37:50

Hey everyone, so we've got our deposit saved for our house but realised that we hadn't really considered the other costs invovled in moving!! haha, so we are not quite ready to move just yet, have focussed on getting our LISA to where it needs to be and now pushing money into a pot for moving costs. Does this sound about…

Comments

lozenlady Posts: 50 Forumite

27 July 2023 at 4:21PM

When we bought our flat we also had to pay pro-rata costs of the management fees/ground rent as part of completion.

This was directly to our solicitor / buyers so wasn't added onto the mortgage. For us it was about £1000 but would obviously vary depending on your property fees.

It's probably worth trying to find out when these costs are due so you can budget for them accordingly during purchase/the first year.

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