What Are The Hidden Costs of Running a House?


It’s way too easy to forget that there are not only hidden costs to buying your new house, but there are also hidden costs to running & keeping your new house.

It’s important that we understand what these costs are & budget for them. We want to keep our house, not have it repossessed!

Furniture & Equipment

No one is looking to have this beautiful new house & then sleep on the floor or have no oven to cook with. Remember that you usually have to buy everything you need for your new house, we’re talking beds, mattresses, an oven and a fridge…this all adds up!


Making your house look exactly like the perfect image that you have in your head can cost a lot of money…and time. Good quality paint is just not that cheap!

Electricity, Water & Gas Bills

These normally add up to be quite expensive, we’re talking about a couple hundred pounds a month.

Council Tax & Service Charge

Council Tax is charged by your local authority to maintain everyday services such as rubbish collections. If you live in an apartment, you will usually also be charged Service Charge, which helps the Property Maintenance Company keep your building looking good!

Buildings & Contents Insurance

A good buildings and contents insurance cover usually costs anywhere from £500 to £2,500 a year depending on the deal you are getting and the home that you are living in.

Always look for the best buildings & contents insurance deals.

Internet, Telephone & TV

These are pretty much essential to being comfortable in your new home. There are some pretty good deals out there so make sure you shop around and save your money.

Estimated Monthly Costs of Running A House

1-2 Bed3-4 Bed4-5 Bed
Council Tax£135£260£405
TV License£14.55£14.55£14.55
Internet, Telephone & TV£30£30£30
Monthly Total£314.55£479.55£659.55

Check Out Our Costs of Running a House Calculator

Costs of Running a House Calculator

What Are The Hidden Costs of Running a House Each Month?


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