How much to run your home ?
21 January 2012, 09:51 AM
#1
How much to run your home ?
At work we got into a rather heated debate about how much it costs to actually live in your own home per annum...
I made a guestimate of under £3500 and i was laughed out of the place..
My friend,who earns the same as me guessed at nearly £20k,but his mortgage is £1000 a month..
So am i missing out something here ??
Mortgage...
Gas bill
Electric bill
Council tax
Tv Licence
Water rates
Sky
Phone bill
Broadband
Home insurance
Food,drink,cars etc are obviously excluded...
I made a guestimate of under £3500 and i was laughed out of the place..
My friend,who earns the same as me guessed at nearly £20k,but his mortgage is £1000 a month..
So am i missing out something here ??
Mortgage...
Gas bill
Electric bill
Council tax
Tv Licence
Water rates
Sky
Phone bill
Broadband
Home insurance
Food,drink,cars etc are obviously excluded...
21 January 2012, 10:14 AM
#6
Scooby Senior
Join Date: Mar 2003
Location: Next door to the WiFi connection
Posts: 16,293
Likes: 0
Received 0 Likes
on
0 Posts
Mortgage - £540 (although as of next month it'll be £160)
Gas bill - £750
Electric bill - £240
Council tax - £1100
Tv Licence - £150
Water rates - £400
Virgin Phone TV and BB - £1100
Total - £10220 but will be £5660 this year if interest rates stay the same.
Gas bill - £750
Electric bill - £240
Council tax - £1100
Tv Licence - £150
Water rates - £400
Virgin Phone TV and BB - £1100
Total - £10220 but will be £5660 this year if interest rates stay the same.
21 January 2012, 10:16 AM
#7
SMortgage... Nil for me 
Gas bill. £80 per month
Electric bill. £80 per month joint dd payment
Council tax. £200 per month
Tv Licence. £15 per month I think
Water rates. £40 per month old rateable system cheaper then meter for me
Sky. £21 per month
Phone bill. £25per month pay BT line rental in advance use 18185 for calls mostly abroad
Broadband. £21. BT just moved from orange as less problems
Home insurance£12 pay annual contents 50k building 400k
Total £494 per month for 4 bedroomed detached in the countryside glad I don't have a Morgage /kids / debts etc
Just under £6000 per year
Petrol is my biggest other cost £200 for 2 cars and food normally costs £300 a month and car insurance ,tax and Maintence is roughly 120 per month when worked out
Not cheap to live any more with the first £1000 -£1100 gone on basics before I can save for my retirement and pleasures for life
Gas bill. £80 per month
Electric bill. £80 per month joint dd payment
Council tax. £200 per month
Tv Licence. £15 per month I think
Water rates. £40 per month old rateable system cheaper then meter for me
Sky. £21 per month
Phone bill. £25per month pay BT line rental in advance use 18185 for calls mostly abroad
Broadband. £21. BT just moved from orange as less problems
Home insurance£12 pay annual contents 50k building 400k
Total £494 per month for 4 bedroomed detached in the countryside glad I don't have a Morgage /kids / debts etc
Just under £6000 per year
Petrol is my biggest other cost £200 for 2 cars and food normally costs £300 a month and car insurance ,tax and Maintence is roughly 120 per month when worked out
Not cheap to live any more with the first £1000 -£1100 gone on basics before I can save for my retirement and pleasures for life
Last edited by lordharding; 21 January 2012 at 10:18 AM.
Trending Topics
21 January 2012, 10:49 AM
#11
Scooby Regular
Mortgage £94 a month
Rates £85 a month
Gas and leccy £85 a month
Sky and TV £50 a month
Insurances £100 a month (cars paid for annually but included with house and life)
Food bill £200 a month
Telephones £30 a month
After School Club and other club things £100 a month
Not sure if these really count as they aren't really household related as such.
Savings £200 a month
Credit Card £400 a month - paying off the kitchen ASAP
Rates £85 a month
Gas and leccy £85 a month
Sky and TV £50 a month
Insurances £100 a month (cars paid for annually but included with house and life)
Food bill £200 a month
Telephones £30 a month
After School Club and other club things £100 a month
Not sure if these really count as they aren't really household related as such.
Savings £200 a month
Credit Card £400 a month - paying off the kitchen ASAP
21 January 2012, 11:42 AM
#12
Scooby Regular
Join Date: Jan 2011
Location: Dundee
Posts: 446
Likes: 0
Received 0 Likes
on
0 Posts
At work we got into a rather heated debate about how much it costs to actually live in your own home per annum...
I made a guestimate of under £3500 and i was laughed out of the place..
My friend,who earns the same as me guessed at nearly £20k,but his mortgage is £1000 a month..
So am i missing out something here ??
Mortgage...
Gas bill
Electric bill
Council tax
Tv Licence
Water rates
Sky
Phone bill
Broadband
Home insurance
Food,drink,cars etc are obviously excluded...
I made a guestimate of under £3500 and i was laughed out of the place..
My friend,who earns the same as me guessed at nearly £20k,but his mortgage is £1000 a month..
So am i missing out something here ??
Mortgage...
Gas bill
Electric bill
Council tax
Tv Licence
Water rates
Sky
Phone bill
Broadband
Home insurance
Food,drink,cars etc are obviously excluded...
Gas bill £700
Electric bill £500
Council tax £2000
Tv Licence £150
Water rates (Scotland, in with CT)
Sky £720
Phone bill £150 (I take it you mean home? as mobile about £1200 for pair of us)
Broadband £180
Home insurance £200
£19840
Even without the big mortgage the essentials are still coming to £4.6k, surely everyone must be around the same for basics? Averageg gas/electric is £1200pa, CT and water rates must be what £1800 average? Sky, broadband, phone, tv license, home insurance must all be roughly similar?
£3.5k????? How is that possible unless you are living mortgage/rent free and paying peanuts on bills
Average surely must be more like £12k? £600-£650pm rent/mortgage?
21 January 2012, 11:47 AM
#13
Scooby Regular
Join Date: Jan 2011
Location: Dundee
Posts: 446
Likes: 0
Received 0 Likes
on
0 Posts
Low income families living in housing association homes pay £300+pm nevermind private rents/mortgages. Council housing is what? £250-300pm?
I just dont know how you can think £3.5k pa is normal
edit....should have read the without mortgage/rent part, apologies. (This is hardly normal though unless you're an OAP that has paid off his/her mortgage)
Last edited by LEO-RS; 21 January 2012 at 11:50 AM.
21 January 2012, 12:53 PM
#14
Mortgage... - N/A - Paid off
Gas bill £2200
Electric bill In in Gas, one bill
Council tax £2200
Tv Licence £120 ish ?
Water rates £600
Sky £300
Phone bill tied in with BB 56 a month
Broadband
Home insurance £500
Gas bill £2200
Electric bill In in Gas, one bill
Council tax £2200
Tv Licence £120 ish ?
Water rates £600
Sky £300
Phone bill tied in with BB 56 a month
Broadband
Home insurance £500
21 January 2012, 01:05 PM
#15
How can you think this was right?
Low income families living in housing association homes pay £300+pm nevermind private rents/mortgages. Council housing is what? £250-300pm?
I just dont know how you can think £3.5k pa is normal
edit....should have read the without mortgage/rent part, apologies. (This is hardly normal though unless you're an OAP that has paid off his/her mortgage)
Low income families living in housing association homes pay £300+pm nevermind private rents/mortgages. Council housing is what? £250-300pm?
I just dont know how you can think £3.5k pa is normal
edit....should have read the without mortgage/rent part, apologies. (This is hardly normal though unless you're an OAP that has paid off his/her mortgage)
Gas Bill £530
Electric £500
Council tax £1200
Water rates £122
TV licence £150
Sky(inc BB+Phone) £600
Home insurance £190
£3292...
I dont see that were overspending or underspending anywhere (water rates are cheap as were not on meter)..
So thats how i worked out what just a normal family would roughly spend in a normal sized house...
Car insurance for 2 cars £800
Fuel £2600 ish
RFT £460
Food and beer £5200ish(inc pets)
Pet insurance £220
Last edited by fatscoobfella1; 21 January 2012 at 01:10 PM. Reason: More details..
21 January 2012, 01:33 PM
#18
Scooby Regular
Join Date: Apr 2001
Location: Some country and western
Posts: 13,488
Likes: 0
Received 0 Likes
on
0 Posts
21 January 2012, 02:04 PM
#20
Scooby Senior
Join Date: Mar 2003
Location: Next door to the WiFi connection
Posts: 16,293
Likes: 0
Received 0 Likes
on
0 Posts
21 January 2012, 02:05 PM
#21
Scooby Regular
iTrader: (9)
Join Date: Mar 2004
Location: .
Posts: 20,035
Likes: 0
Received 0 Likes
on
0 Posts
Huh? 
I was assuming that, like me, those people had been prudent with their money and paid off their mortgage. Did mine in 13 years, don't want another one thank you!
Oh and I left home at 17 thanks
Edit: Ah yes, just remembered that you're the fool that posts the videos of your helmet cam wearing vigilante cyclist mate in order to troll. Forget the question as your answer is, like you, an irrelevance
I was assuming that, like me, those people had been prudent with their money and paid off their mortgage. Did mine in 13 years, don't want another one thank you!
Oh and I left home at 17 thanks
Edit: Ah yes, just remembered that you're the fool that posts the videos of your helmet cam wearing vigilante cyclist mate in order to troll. Forget the question as your answer is, like you, an irrelevance
Last edited by f1_fan; 21 January 2012 at 02:08 PM.
21 January 2012, 02:10 PM
#23
Scooby Regular
iTrader: (9)
Join Date: Mar 2004
Location: .
Posts: 20,035
Likes: 0
Received 0 Likes
on
0 Posts
21 January 2012, 02:41 PM
#25
Scooby Regular
Join Date: Mar 2010
Location: Chester
Posts: 593
Likes: 0
Received 0 Likes
on
0 Posts
Cant even remember my out goings!!!!!
mortgage £328
rent £189
loan £103
mobile £27
sky,phone,broadband £32
electric-only had one bill and for 3months it was £33
water-not had bill yet
credit cards-£40 or whatever
store card £20
council tax £270 something for 3months.
ermmmm anything else?
petrol £too much
yeah so ive only been here 4months.
mortgage £328
rent £189
loan £103
mobile £27
sky,phone,broadband £32
electric-only had one bill and for 3months it was £33
water-not had bill yet
credit cards-£40 or whatever
store card £20
council tax £270 something for 3months.
ermmmm anything else?
petrol £too much
yeah so ive only been here 4months.
my monthly outgoings (that`s everything) are around 1k = 12k per annum.
21 January 2012, 05:54 PM
#30
Scooby Regular
Join Date: Jan 2004
Posts: 4,207
Likes: 0
Received 0 Likes
on
0 Posts
I cannot believe how many people paid off their mortgage either, mine is pretty big and I have no intention of paying it off untill I move , hopefully to an even bigger mortgage that I never pay off.