Is it possible to purchase a home sooner than 5 years?
What is a good estimate of car insurance those first few years of being new to the country??
Yes, it’s possible to purchase a home if you can put down a larger deposit and if your husband can show he has income (UK work contract). My husband (the UKC) was able to secure a mortgage with Bank of Scotland/Halifax within 3 months of arriving in the UK. He didn’t have any UK credit history because he lived in the US most of his life.
Our car insurance is with Tesco for 2 drivers with no UK driving history. It costs about £650/year for comprehensive insurance with a £250 deductible. You also have to consider road/vehicle tax. Ours was pretty cheap £20/year. But maybe because it’s a newer 2016 model.
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