Buying a home can be a lot more expensive than you may think, and there are usually hidden costs that can end up adding more than 10% to your total property bill. The costs that come with owning and running a house can often surprise former renters, meaning their budgets don’t quite match their financial needs…
If you don’t prepare for these hidden costs, you may find yourself in financial hardship for the first few years as property owners, so make sure you take them all into consideration:
Stamp Duty
Depending on the price of your property, stamp duty can end up adding thousands of pounds to the overall costs involved in buying a house, and this needs to be paid up front.… → continue reading