Buying a property is expensive and feedback from purchasers confirms that an amount of £3500 to cover the one-off costs is realistic. To proceed with your application, you will need to have access to at least £3500, either through savings or from family/friends, without the need to borrow extra money on your mortgage or to take out a personal loan.

If you think you can afford a mortgage we suggest you seek advice from an independent mortgage advisor. Details of advisors on Moat's panel are on the Moat website.