First Time Buyers Warned About Housebuying Costs
Non-professionals have been advised against being over-reliant on loans to fund any house purchase, according to a financial consultancy, as costs other than the mortgage itself mount up for homebuyers in the UK.
With the price of extras such as lender fees, stamp duty and a deposit all adding to the overall spend of purchasing and moving into a new house, Key Financial Consultants has suggested that taking on more debt is not the best course of action for all potential homeowners.