The idea of stepping throughReal Estate the door of your new house and seeing the living space of your dreams — the rooms, the furniture, the windows letting in just the right amount of sunshine — are more than enough to plant a big smile on your face, until reality comes crashing down on you, burying you in a stack of bills and debt.

Even worse, however, is when you finally purchase the house, only to find leaks, holes, and broken tiles aplenty. Here’s a handy guide from on how to evaluate property costs, so that you won’t be taken by surprise.

● Appliances and Furniture. Having gotten used to your present accommodation, you may forget to factor in all the furnishings you’ll need to purchase in order to make the new house livable. From staples like beds, sofas, tables, chairs and stoves to handyman supplies like cleaning materials and repair tools, you need to plan these out so that you won’t end up in the red.

● Home Fixes. This is where all those tools come in. You might need to paint a wall here, or repair a broken pipe there, or replace the tap in the bathroom sink. The point is, you need to be sure about all of the problems you’re expecting to find inside the house.

● Legal costs, removal costs, and mortgage arrangement fee. Come to an arrangement with your lender regarding the costs of hiring a lawyer, as well as the fee for your mortgage typically valued at £1000 (often non-refundable, even if the deal doesn’t materialise). Lastly, factor in how much you’ll have to spend for a moving truck, which can range from almost a hundred pounds to about a grand.

● Other costs. There are other payables to consider. For example, stamp duty, which applies for properties worth more than £125,000, surveys prior to purchasing the house, and the valuation fee for ensuring loan security.

Remember: it’s important to check the house carefully or at least try to haggle for a better arrangement.

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