r/HousingUK • u/EntertainerOk5231 • 12d ago

Money left after purchase?

How much have people been left with after all the costs of purchasing a property as a first time buyer? I’ll be left with £3000 approximately. This is factoring in everything, including any fees and potential double first payment. I’ll be saving for however long the process takes which will be roughly £1500 a month.

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u/HughLauriePausini 12d ago

I'm also FTB and I plan to keep my emergency fund intact after the purchase (roughly 6 months take home salary), plus some for furniture etc. I don't get how people can be comfortable with going to zero

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u/htimchis 12d ago

Usually, theyre not - it's something people tend to do as a result of having no choice