How Much Does It Cost to Run a Home?

How much does it cost to run a home?

How Much Does It Cost to Run a Home?

Post author:Liam Coker
Post published:February 13, 2025
Post category:News
Post comments:0 Comments

Are you wondering how much it costs to run a home?

Are you a first-time buyer and need to know how much to put aside for bills?

Would you like to know how much household bills cost on average?

As a first-time buyer, you’ll probably be wondering how much does it cost to run a home?

Here at LTC Mortgages, we’ve put together a handy breakdown outlining how much it costs to run a home.

Average cost of household bills*

Gas & Electricity £150
Water £40
Council Tax £180
Broadband £26
TV License £14
Streaming Services £20
Home Insurance £30
Life Insurance £50
Shopping £375

*The above figures are the average costs based on 2 adults.

First-time buyer friends

We hope this breakdown of bills will come in handy when you’re budgeting for your first house. Be sure to send this link to your other first-time home buyer friends as they are probably also wondering how much does it cost to run a home?

Want more details outlining how much it costs to run a home?

Contact us

As a first-time buyer, you may feel overwhelmed and unsure of the house buying process, fear not, we’re here to help.

Get in touch and our Liverpool-based team can help you every step of the way.

Not local? Don’t worry, we also offer mortgage appointments over the phone or via Teams.

Keep in touch

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YOUR PROPERTY MAY BE REPOSSESSED IF YOU DONT KEEP UP WITH YOUR REPAYMENTS ON YOUR MORTGAGE

LTC Mortgages is a trading name of LTC Mortgages (NW) Limited company number 12564758 is authorised and regulated by the Financial Conduct Authority (FCA). The FCA regulates financial services in the UK and you can check our authorisation and permitted activities on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/firms/systems-reporting/register. Our Financial Services Register number is 929476.

We are a credit broker, not a lender. We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission, percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). amend with the applicable/appropriate commission models. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.