fiestaturbo.com

[andyb-rst]

hiya guys im hoping some of you mayb able to help me and the gf have been looking into buying our first house as we both stil live with parents, we have seen something e really like and have got a rough idea as to what the mortgage payments would be, what we are wanting to know is the rough price other bils would be i.e water, gas and electric. any help ypu can give is much appreciated cheers guys

[Ollie]

It's impossible to say tbh. Especially without knowing where or what you're buying.

Prices for everything are different in different parts of the country, council tax then also depends on the house you buy, how big it is, what road it's in. Gas might cost you more if the pipes to the house don't belong to Transco or if the house is poorly insulated, whether the cooker is gas or electric, whether the heating is gas or electric. Water might cost you less if the rain drainage goes into a soak-away instead of the sewers. Electricity will vary massively depending on what appliances you have and how energy efficient they are.

I gave up trying to figure it out in the end and just waited to see how much it would cost.

[Chris 2i]

Ollie's right - only thing I will add is that you should start saving hard now if you haven't already. Mortgages get significantly cheaper and easier to obtain when you have a larger deposit.

[M440]

A rough price is......a fortune!

It depends on so many things. For a clue it's just me and my 2 1/2 yr old son in a 2 bed ground floor flat. We pay £30 a month for gas, £20 electric. The average househole needs to pay £20 on water & £30 on waste water servies. TV licence is £27.90 for the first 6 months. Council tax depends on the banding of the property. Mine is a band A which is cheapest but is still £68 a month. I'm tight with using utilites at my house. I cannot afford a massive bill to appear from nowhere.

I totally agree with Chris, SAVE AND SAVE!!! Just ebcause you can afford it now deosn't mean that there's not something around the corner to stitch you up. Make sure you have good contents/house insurance, payments insurance incase either of you fall ill and cannot afford to pay the bills and have good life insurance as well...oh and a will. I get quite excited to think I'm worth a lot of money dead....but that's the whole point....I won't actually get any of it!!

[Ollie]

It's also worth bearing in mind that things like this are often cheaper if you can pay them by direct debit.

It depends on so many things. For a clue it's just me and my 2 1/2 yr old son in a 2 bed ground floor flat. We pay £30 a month for gas, £20 electric. The average househole needs to pay £20 on water & £30 on waste water servies. TV licence is £27.90 for the first 6 months. Council tax depends on the banding of the property. Mine is a band A which is cheapest but is still £68 a month. I'm tight with using utilites at my house. I cannot afford a massive bill to appear from nowhere.

In contrast, my electric is £30 and my gas is £50. Whereas my water/waste is only £32 a month because it's just me and I have a meter.

[andymac]

Our gas and electric combined comes to about £90 quid averaged over the year; that's for a 3 bed semi that's in a relatively exposed (to the weather) area. Council tax is band A which makes it £98 per month (no single persons discount) over ten months. House insurance & life insurance comes to around 100 quid a month on top. Then there's the mortgage, which is £500 ish p/m atm. Then there's TV licence, phone bill, food, water rates / charges (About £50 per month for water for us). If you're on a water meter you have to consider waste water disposal too, which costs.

Truthfully, there's not much to pick between renting and buying on our mortgage at the moment, though I'm sure buying will work out ever so slightly more than renting once we come off our base rate tracker. However, we'll have an asset as opposed to have lined someone elses pockets.

[bas saph]

when i was working I was paying on a 3 bed end house
£76 council tax band b 25% discount single rate
£15 water
£30 sewage
£60 eletric
£40 gas
£30 buildings and contents
£15 internet
£12 somthing for tv license
£30 in accident and life insurance policies
£280. 56k morg at 6.4% 5 years fixed
£200 shopping for me and son
£4.50 cable tv

Now I on income support I pay
£0 council tax social pay
£8.52 water (Stopped cleaning so much and recycle water)
£15 sewage (as above)
£33 eletric (reduce security, everything off, run pond pump part time, never have anything on and got a gas kettle, cold wash only on washing machine)
£25 gas (dont bath)
£21 buildings and contents ins (reduced cover)
£8.52 iternet (gone 5mb limited)
£9.50 life and accident insurance (cancilled 2 policeys)
£135 morgage (social paying some)
£120 shopping (tescos own brands, also shop at asdas and dont buy more than £2 worth of extra's not to mention alternative products and reduced items)
one of £50 payment for Digital arail no cable

give you idea of just liveing at to struggling and keeping bills lol

DD is best as get discounts and stays the same all year round other wise come winter your spending 4 * as much

[curly]

just reading about your gas + elecy prices and it seems quite alt for dd

at the moment m working fr n-power and if you swich to -power using duel fue direct debit, you will receive an anual discunt of £100 every year jst for paying your bills as you do,

and you also receive cheaper unit rates as standard,

for standard electricity metre (01)
standard unite rate 15.64p(for the firs 2 units per day)
reduce rate 12.24p for eevery unit after

economy 7(02)
standard rate 17.64p (for first 2 units per day)
reduced rate 15.24p every unit after that
night unites 4.06p

gas is 6.04 introductry offer per unit(all depends on what month it is, because different months mean differnet usage amount on i.o)

reduced rate of 2.02 er unit after tat

also this is only a price list for seeboard 19 which is the sussex and hampshire area obviously different areas will have different prices,

and we manage the process for you, so you dont have to, the onlything they ask you to do is read your meeters once a month, and send the meeterreadings back to tem on the cards they snt you,

and theres NO SERVICES CHARGE!! you only pay for the fuel you use,



http://www.npower.com

£100 quidcould go along way

[M440]

I won't mention that I work for British Gas in Customer Relations.

[Ollie]

I'm with EDF.

[andymac]

E-On here. N-Power were substantially (read : 20%) more money than e-on are for us.

[snake]

ohh i thought that push bike in the corner of your room connected to car batterys is what you used for leccy!!! didnt know you had leccy that far up north!

[Kittie]

N power have one of the worst customer service departments I've ever come across, and even if they were £300 cheaper I would not go back to them!

Anyway, for the mortgage, the best thing to do is look at various deals available on money super market or whatever to work out what sort of a deal and interest rate you can obtain. Then there are loads of calculators out there where you can put in your loan amount, deposit, repayment term etc etc and it will work out how much it'll cost you a month. Also you can talk to independant financial advisors and they can help you work it all out and see what you can get. It shouldn't cost you anything as they get their fee from the provider. Don't be suckered in by estate agents 'independant' advice that might cost hundreds and is crap! (one tried to advise us to take out a 5 year fixed rate, which if we had I'd now be paying about £300 a month more than I am).

Bear in mind though that there is A LOT of cost involved in the initial stages of buying, not just your deposit. Mortgage arrangement fees, solicitors fees, survey costs etc. You will need your deposit PLUS a few grand to cover all this.

Council tax is probably about the only bill you can work out in advance (apart from stuff like TV/phone), as you can find out what band any property is in and then look up how much it costs a year in the given area. Then there's your food! If you aren't already used to buying your own you'll be shocked at how much it costs!

As said before, gas/water/leccy will depend on how much you use and whether you have a water meter for example. If you're buying a home with a HIP (unsure as to status of these at the mo, they were only just coming in when we bought), then obviously one that is better rated for energy will cost you less to run. BUT on the flip side buying a home that has potential to be better rated might be a better investment. I don't think stamp duty is an issue as I believe this has been raised a bit now for first timers but when we bought we were limited to a 125k ceiling.

Oh and I would advise if you have not lived with your girlfriend full time for a substantial amount of time to rent together first. It will also give you a good idea of how much things cost before taking the plunge. It is extremely stressful and if you aren't already used to being under each others feet and working together 24/7 it could be a real relationship breaker!

If things go wrong you could end up stuck together in the same house as you may very well not be able to sell for a number of years. For this reason make sure you choose somewhere you will be 100% happy to live for the next 10 years just in case you can't get out!

Basically it is all a massive expense and an enormous commitment to the other person in these times. But from my point of view, 100% worth it

[andymac]

Says the woman currently scrubbing the window clean in the (still unfinished) kitchen.

Also don't forget that unless you're 100% happy with the house you're going ot spend a lot of money on it changing it to suit you. I dread to think how much we've spent (and are paying) on it at the moment. 100% worth it though.

[Ollie]

Also, don't start spending lots of money on the house the minute you move in unless you actually need to. You need to live there at least a couple of months to be sure whether you're going to be happy there long term or not. Unless you already know the area, there's plenty of things about a neighbourhood that you won't find out until after you've moved in.

[M440]

I agree with Ollie. The guy that lives in the flat above me likes to drive his motorbike right past my window at 6:30 in the morning...very loud and just generally s**t....so I'm thinking....cheese wire attached across the pathway at neck level job jobbed and problem of early morning exhaust noise gone!

[chumkila]

[Ollie]

I agree with Ollie. The guy that lives in the flat above me likes to drive his motorbike right past my window at 6:30 in the morning...very loud and just generally s**t....so I'm thinking....cheese wire attached across the pathway at neck level job jobbed and problem of early morning exhaust noise gone!

Judging by the carpets when I moved in, I'm pretty sure the guy that lived in my place before me use to ride his motorbike around inside.

[M440]

Meh....my neighbour looks like Mr Bean so if I'm going to be shallow (which, considering the horrendously evil mood I'm in) I guess the only thrill he gets is probably driving his motorbike along the pavement....WOOOOO.