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Manual planner

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Working out a budget

You can print this form to calculate how much you will need to borrow.

Purchase of new house

  
Price of new house £
Add:  
Legal fees on purchase £
Stamp duty land tax (see Home Buyers' Guide for rates of duty) £

Total cost of new house

 £

 

Sale of present house

    
Estimated selling price   £
Deduct:    
Repay existing mortgage £  
Estate agents' fees on sale £  
Legal fees on sale £  
Total deductions   £

Cash available from sale

   £

 

Mortgage required

    
Total cost of new house (from above)   £
Deduct:    
Cash available from sale (from above) £  
Any other cash to be used £  
Total cash available   £

Mortgage required

    

Additionally, you will need to allow for removal expenses as well as any new carpets, curtains, furniture and so forth which you may wish to buy. Remember that the above may not fit every case.  Ask for our help if you are in doubt about the best way to finance your purchase.

  

  
Legal Young & Pearce 58 Talbot Street Nottingham NG1 5GL  0115 959 8888 info@youngandpearce.com
Young & Pearce is a trading name of Sharp Young & Pearce LLP, a Limited Liability Partnership registered in England & Wales, partnership number OC363812.  References to partners are references to members  of Sharp Young & Pearce LLP.  A list of members is available at our registered office - 6 Weekday Cross, Nottingham, NG1 2GF		 Site map / Search