Leaseholders

Things to consider before purchasing your home

Buying your home can be an exciting time and will probably be the biggest financial decision you will make so think seriously about the implications of purchasing your home.

Think about the following costs:

Future repairs to your home
Mortgage payments
Improvements to your home
If it is a flat you are purchasing you will become a leaseholder and incur service charges, speak to your leasehold Officer
If you are elderly and purchase your home, remember the property may be considered an asset if you ever need residential care