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Published byBrianne Welch Modified over 8 years ago
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Housing and other bills
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Explain what the difference is between getting a mortgage or renting a property Where would you get a mortgage from? What is meant by a deposit for a mortgage?
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Research and explain the different types of housing, you may use the internet if available
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Why does the price of a house depend on its location? What other things affect the price? In pairs write a list
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See if you can work out… A house costs £234,000, you have a deposit of £22,000 on a 3% mortgage There are calculators available online – HSBC etc
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With your career choice in mind – what percentage of your salary would you pay for a house? See if you can pick a property from http://rightmove.co.uk or draw your ideal property – but you must consider the price! http://rightmove.co.uk
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