If you already have a foot on the property ladder and are considering a move, then the property buying costs you face are almost exactly the same as those of a first-time buyer, but with one major difference. If your current home has risen in value since you first purchased it, then the proceeds of the sale should provide you with a deposit for your next property.

Although your mortgage provider may offer the types of insurance detail below, you will not necessarily need all of them, or be bound to purchase them from your lender.

As well as budgeting for all the costs involved in buying a property such as search fees and stamp duty, you will also need to make allowance for the fees you may be charged for setting up your mortgage.

The amount of money a mortgage lender will lend you typically depends on two factors: the amount of money you earn and the amount that you can put down as a deposit.