How do you review a property payment schedule?

A sound payment schedule links each amount to a clear date or verifiable condition. Separate the initial payment, instalments and final balance, and understand currency, charges and delays. A manageable monthly instalment can still produce a high total purchase cost.

Practical steps

1. Add all payments and charges instead of comparing only the monthly instalment
2. Clarify exchange-rate mechanics if your income and contract use different currencies
3. Review late-payment, handover and registration terms with an adviser before agreeing

General guidance. Consult qualified professionals on legal, financial and technical matters specific to your transaction.