You’ve saved up your 5% deposit and you’re ready to go see the mortgage broker to see what juicy offers you can get for a modest 2-bed semi: your first home.
We hate to burst your bubble, but your deposit is not enough to be able to make the move.
You need some extra cash in the bank to afford the actual process of moving.
Here, we break down the most common costs that can make first-time buyers’ eyes pop out their heads.
FACT: The moving costs for your average home buyer can be in excess of £8000!