ajscorsa
Member
Registered: 30th Apr 02
Location: Perceton, North Ayrshire
User status: Offline
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Me and the mrs have decided we wanna move out.
Trying to put a budget together to make sure we can afford it before wasting time going to mortgage advisors etc.
Since I know nothing about anything to do with moving out at the moment. Can everyone give me some ideas about stuff that i'm going to have to pay for that I might have over looked. So far ive thought of
Mortgage
house Insurance
Tv License
Council Tax
Gas / leccy
shopping / food etc
Petrol
Car Insurance
car tax
anything else I need to know about?
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RCoughtrie
Member
Registered: 31st Oct 04
Location: East Ayrshire Scotland
User status: Offline
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phone bill
sky
internet
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Neo
Member
Registered: 20th Feb 07
Location: Essex
User status: Offline
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Water Bills
Plus you'll want to be saving incase one of you were to loose your jobs for a few months.
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Neo
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Registered: 20th Feb 07
Location: Essex
User status: Offline
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Oh and going out, pubs, cinema etc
Random bills for the car i.e. new tyre, exhaust etc
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ajscorsa
Member
Registered: 30th Apr 02
Location: Perceton, North Ayrshire
User status: Offline
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yeah after covering all of the above were still left with about 400 between us every month.
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R Lee
Member
Registered: 15th Aug 03
User status: Offline
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You've completely missed out furniture 
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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remember to put some money away for unexpected repairs/replacements and birthdays etc.
i'm in the same boots as you mate. best thing to do is ask your parents/friends etc every bill they pay out to get an idea of what you'll be paying and whether you've missed anything out.
also, any maintenance charges if you're moving into a flat.
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ajscorsa
Member
Registered: 30th Apr 02
Location: Perceton, North Ayrshire
User status: Offline
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got furniture. Been collecting stuff for a while now. going to see a mortgage advisor tonight, so hopefully it goes well
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AlunJ
Member
Registered: 3rd Apr 07
Location: Newport
User status: Offline
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basically alot more than you budget for  I'm constantly skint but it's definitely worth it in the long run! Good luck though!
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ajscorsa
Member
Registered: 30th Apr 02
Location: Perceton, North Ayrshire
User status: Offline
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Anyone give me any ideas of things I need to ask the mortgage advisor about? or anything I should watch out for
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Kathryn W
Member
Registered: 12th Oct 03
Location: Widnes, Cheshire
User status: Offline
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Any extra costs on your mortgage
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Pop
Member
Registered: 8th May 03
Location: Reading
User status: Offline
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quote:
Originally posted by ajscorsa
yeah after covering all of the above were still left with about 400 between us every month.
How do you know what you have left when you don't know what your mortgage/insurance/council tax will be?
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Pop
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Registered: 8th May 03
Location: Reading
User status: Offline
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When we bought the house we had a rough idea of what we could afford on a mortgage then spoke to an adviser to play around with the figures. Deposit size plays a big part in it all.
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ajscorsa
Member
Registered: 30th Apr 02
Location: Perceton, North Ayrshire
User status: Offline
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quote:
Originally posted by Pop
When we bought the house we had a rough idea of what we could afford on a mortgage then spoke to an adviser to play around with the figures. Deposit size plays a big part in it all.
Thats just a rough estimate going on what friends etc are paying, I checked the council tax band on the house I want thats how I knew what it would be. I rounded everything up just to make sure.
Spoke to mortgage advisor last ngiht and can get a 90% fixed rate for 5 years mortgage at 5.75% with Nationwide.
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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that's pretty good. i got a 90% for 3 years at 6.39% with halifax.
just depends whether you think the interest rates will shoot up in 3 years or stay low.
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ajscorsa
Member
Registered: 30th Apr 02
Location: Perceton, North Ayrshire
User status: Offline
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im not too bothered about that tbh i'd rather have it fixed and know what im gonna be paying the next few years.
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Pop
Member
Registered: 8th May 03
Location: Reading
User status: Offline
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That's cool. I know we had a rough idea of what everything was going to cost and once we moved in we got the real prices. To be fair though our expected outgoings weren't much different to what they are in reality.
Have some money set aside for all the small things you want to do. Lots of small things end up costing loads :lo:
Are you looking at getting some where that you are going to redecorate?
[Edited on 19-03-2010 by Pop]
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ajscorsa
Member
Registered: 30th Apr 02
Location: Perceton, North Ayrshire
User status: Offline
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Preferably we won't need to redecorate not right away anyway. we both have car loans finishing next year which will free up another 300 per month meaning well have 700 ish at the end of every month. so will plan to decorate and stuff then.
The house weve looked at has recently had double glazing windows re slated roof and a modern fitted kitchen fitted and most rooms are nuetral colours which wont need anything doing.
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Bart
Member
Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
User status: Offline
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quote:
Originally posted by ajscorsa
yeah after covering all of the above were still left with about 400 between us every month.
Until we remortgaged, that was about £400 more than us
BUT.... we have a fantastic home and I wouldnt have it any other way.
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