buying a house & downpayments

R

raffeia

Guest
I am considering purchasing an old house for e170,000. I have 70K as a down payment, I am a 1st time buyer & single with no debts, income of 50K aged 39. What financial institution gives the best deals and what are the charges, do I need life insurance and what would the monthly repayments be ?. What are all the expenses will I incur for the purchase of this house for example: - Stamp duty, Auctioneer fees, Solictors fees, surveyors report & land registration fees. What income tax relief is there on a mortgage? What do I do after I make an offer ? Any suggestions, would it be prudent to have a large downpayment as above or not. Is this the best use of my money ?
 
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