The Telegraph’s Money for Life segment offers advice for readers on how they can manage their money. This piece features a video which highlights some of the hidden costs of buying a house. These include: Conveyancer and brokerage fees; mortgage and survey costs and charges for moving and redecorating. The piece argues that these should be budgeted for.

Key Takeaways:

• There are many hidden costs involved in buying your first home.
• Before you even start looking for a property you should make sure your finances are in order.
• Conveyancer and brokerage fees, mortgage and survey costs and charges for moving and redecorating all add up.

“Before you even start looking for a property you should make sure your finances are in order, including checking your credit score and working out what you can afford for a deposit.”

http://www.telegraph.co.uk/personal-banking/mortgages/money-life-hidden-costs-buying-house/