Trello

Housing prices are down, but credit is tight. Apart from stamp duty, other upfront costs of buying a home in the UK include mortgage deposit (5-40{7c352f4fa08585812fe49d64b966ab1fc9eda250e0643651a7855d798aa89d13}), mortgage costs (valuation fee, arrangement fee and booking fee), legal fees (upwards of £1,000), land registration fees and removal costs (range between £300-600).

Once you find the one,” your agent will help you prepare a complete offer package, including your offer price, your preapproval letter, proof of funds for a down payment (this helps in competitive markets) and terms or contingencies Adding a personal letter to the seller can help your offer stand out.

We tapped Priya Malani, founder of financial planning firm Stash Wealth , for some expert advice on shopping for real estate, navigating cryptic mortgage jargon, and saving time with financial tools like Mint and Turbo from Intuit Read ahead to find out everything you need to do before you gear …