Most of us aspire to be homeowners at some point in our lives. For those of us just starting out in our careers, it can seem like a dream that is almost impossible to turn into reality. Low salaries and staggeringly high property prices mean that many people will never make it onto the property ladder. And if you’re trying to buy in cities like New York, even the rental market can be beyond a single person’s salary. My friend was looking for a property in Putney and she was told to check out the Putney branch of Brinkelys estate agents. She found a reasonably priced property and she’s super happy that she moved!

Many people look at the purchase price of properties advertised. This gives them an idea of how much money they need to save to make a healthy deposit. That figure will also help them work out what the mortgage repayments might be like. You can use comparison websites to help you calculate the repayments for different APRs as well. But sadly, this isn’t the whole story. There are a lot of other costs you need to save up for if you want to buy a property, for example, the cost of Solid Start Property Inspections which are an absolute must to make sure the house is structurally sound.


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If you already own a property, you may have an idea what your property is worth. This may determine how much you can spend on your next property. But don’t forget your agent will charge you a commission for the sale. You can have a look online to see the typical real estate commission rates you may be facing. This will need to be considered before you commit to buying something else.

Buying a house also incurs taxes in many states. And you will need a property lawyer to formalize the agreement. Other costs to add to the purchase bill include surveys, lending or mortgage fees, and insurances. The list goes on and on! Even when you have agreed on the sale, you’ll have to cover the cost of moving. You may need professional movers, or a van hire company so you can move into your new home.

Most moves are stressful enough, without finding you’ve run out of money. It’s really important to consider all the costs of buying a property. You may be racking up a few dollars just viewing potential properties. And if you’re self-employed, you’ll be losing money by not working on moving day. If you want to decorate the property, deep clean it using products such as or remodel, this too will add extra costs to the bill. Don’t forget you’ll need to restock your fridge and freezer after you’ve moved too.


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When you move into a new property, you might also need to buy more furniture. This is especially true if you’ve just moved out of your parent’s house. You might need to buy bedding, lampshades, laundry detergent, vacuum cleaners and other household items. It can put a real downer on moving day if you’re not prepared for this. After all, it’s difficult to make a house into a cozy home without those little touches like cushions and drapes.

Buying a house is a big deal. It’s always more expensive than you expect it to be. But it’s also a wonderful feeling to know that property is yours. Have a great moving day.