Today, everybody has a moral responsibility to minimise waste of energy. Adhering to this also saves money and so is easy on your pocket. We at Clarendon Homes UK believe it is our responsibility to help you to be environmentally friendly. We achieve this by adhering to the latest build standards in order to provide energy efficient heating and lighting systems. These standards require building materials and glazing to have excellent insulation properties. We also comply with the latest standards on noise pollution to both protect you and allow you to entertain without the worry of disturbing others.
Before you start looking for your dream home, it’s worth working out how much you have to spend, and how much you can realistically afford to borrow.
This should include costs like your mortgage arrangement fees, stamp duty, surveys, solicitor’s fees and land registry fees and your Deposit amount.
Unless you’re lucky enough to have the money to buy your house outright, you will need to apply for a mortgage. The actual amount you can borrow will depend on your income, credit history, monthly outgoings, any other financial commitments you may have. If you are buying it with someone then you will have a better chance of getting a mortgage as the mortgage company will look at both your financials rather than just one.
Ultimately, this will come down to how much you can afford each month and finding out how much you need to live on is a good place to start.
you can start by making simple income and expenditure statement by writing them all down on paper and working out what your disposable income is.
This simple exercise should give you a rough idea of how much you can afford to repay and will be invaluable when you come to choose a mortgage and a home.
Costs to consider:
Mortgage arrangement fees
Land Registry fees
Solicitors and conveyancing fees
Decorating your Home and Cost of any New furniture you might want to purchase.
If you’d like help with your borrowing calculations, or would like to find out how We can help you move in for less, please contact us and talk to one of our advisors who would be happy to help.