Other Costs (not included in monthly payments)
- You normally need at least £3,000 for legal fees (I.e. solicitors’ fees, stamp duty, property survey)
- Council tax – approximately £1,000 per annum but varies depending on value of property and borough (further details can be found on the Local Authority website)
- Moving costs
Additional information
- Rent charges are based on 2.75% (this is a typical East Homes property rent. Please look at individual schemes for specific information)
- Figures are for illustrative purposes only. You should seek Independent Financial advice as to the actual costs of a mortgage, as this will vary according to the type of loan you take out.
* Estimated service charge based on an average East Homes apartment, including buildings insurance. Houses do not usually have any service charge.
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Independent Financial Advice
If you are interesting in seeking further advice on a mortgage, please contact a Mortgage Advisor.
The following IFA’s have experience in dealing with affordable housing products:
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Mortgage rates will vary, so use this calculator as a guide only
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