ARE YOU A FIRST-TIME BUYER?

WHAT SAVINGS DO YOU HAVE AVAILABLE FOR THE PURCHASE?

WHERE IS THE PROPERTY?

HOW MUCH WILL YOUR PROPERTY COST?

HOW LONG WILL YOU LIVE IN THE PROPERTY BEFORE SELLING?

COST OF STAMP DUTY

ESTIMATED LEGAL AND MOVING FEES

AFTER MEETING THESE COSTS, YOU WOULD HAVE A DEPOSIT OF

SO YOU WILL NEED A MORTGAGE OF AT LEAST

WHAT VALUE OF MORTGAGE ARE YOU PLANNING?

HOW LONG IS THE TERM OF YOUR MORTGAGE?

IS THERE A FIX OR DISCOUNT THAT STOPS BEFORE THE END OF THE MORTGAGE?

WHAT INTEREST RATE WOULD YOU PAY TO BEGIN WITH?

WHAT ARE THE FEES/CHARGES FOR SETTING UP THE MORTGAGE?

HOW WOULD YOU PAY THE FEES FOR SETTING UP THE MORTGAGE?

HOW MUCH IS YOUR MONTHLY RENT?

WHAT INTEREST RATE DO YOU EXPECT ON SAVINGS?

Position if you sell after  

Change in
Property Prices
Outcome
Falling at an
average of 5% pa
 
Falling at an
average of 2% pa
 
Staying
unchanged
 
Rising at an
average of 2% pa
 
Rising at an
average of 5% pa
 

HOW LONG WILL YOU LIVE IN THE PROPERTY BEFORE SELLING?