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How Much Will It Cost?

The cost will depend on where you choose to live and what type of accommodation you decide is best for you.

There may be additional costs such as council tax, insurance, gas and electric, telephone licence, repairs and maintenance.

Before entering into any agreement to rent or buy, you should work out of you can afford all of the costs involved.

Mortgages

For information about mortgages in Scotland download:
Thinking about Buying – A Guide to House Purchase in Scotland

The financial services authorityalso has information on mortgages

Rent

If you are renting a room in a shared flat or a boarding house the cost will be less than if you are renting a flat or house on your own .Rent charges will depend on the size of the property, its location and facilities included.

Find out the prices of different properties for rent at:

Council Tax

This is a local tax set and collected by local authorities. It is based on the type of property you have.
Sometimes the council tax is included in your rent.

In very general terms, the bigger your house, the more council tax you will have to pay.

Your council tax helps pay for schools, police, fire services, cleansing, parks and much more.

You can get more details by asking the local authority in whose area you plan to live.

There is 25% discount if you are the only person living at the property.

Find out about council tax costs

Insurance

If you are planning to buy a property in the UK you will need to buy various types of insurance as part of your mortgage.