Buying a flat as a first time buyer is likely to be one your most expensive purchases. It sure was for me when I bought my first flat in London. I saved for my deposits plus some extra (thank God!) - because sure I needed it all. I didn't quite appreciate how much all the little fees would add up to this big number. And I totally recall what an anxious process it was and you can never me enough prepared. So in this video I wanted to share the true costs of buying a house or flat in London as a first time buyer.
I share bit of my story behind buying my first home and the exact numbers as was quoted in a letter sent by my solicitor. This should help you get a grip on fees related to mortgage, legal and third party such as how much will stamp duty tax be?
My flat was new built and I am thinking of doing a future video on my personal experience in buying a new build flat - but before that I'd love to hear from you and your opinions on new builds! Do share them in the comments section below.
With hope,
Subtle Investor
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DISCLAIMERS & DISCLOSURES
This content is for education and entertainment purposes only. I do not provide any investment advice. Past performance is not indicative of future results. All investing involves risk, including the possible loss of capital.
You (and only you) are responsible for the financial decisions that you make.
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Media:
Music: Abstract Concept - Black ANT - Free Music Archive
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11 сен 2024