Moving into a new home can be very exciting - but what are the associated costs you need to budget for, and what life admin do you need to add to your to-do list before you kick back and enjoy your property?
Most home movers spend an average of £8,000 - £9,000 ( Stamp Duty can vary!).
Today the moving specialists at Goodfellows Removals run through some of the key elements to remember and those less apparent house move costs you don't want to forget!
The obvious costs of buying a new home are the mortgage and deposit. Still, you'll also need to consider the related charges involved with signing over legal ownership of the property.
Stamp Duty applies throughout the UK (although it's called Land and Buildings Transaction Tax in Scotland and Land Transaction Tax in Wales).
Your exact cost will depend on the value of the home and whether you're a first-time buyer; in England, it works like this:
Conveyancing or solicitors costs tend to be around £1,500 on average and cover the legal side of the transaction, including registering the change of ownership and preparing the title deeds.
You may have had a survey carried out already to apply for a mortgage. If not, it's worth organising, in any case, to ensure you've got a clear idea of any structural issues or defects that impact the amount you're willing to pay.
A survey costs from £100 to £1,500. That depends on the size and age of the property, location, and how detailed you'd like the report to be.
The next step is to think about relocating all of your belongings.
Most movers used a professional removals company since handling heavy furniture, appliances, and valuable possessions often commands a large moving truck and protective equipment.
It's often more cost-effective to manage removals in one go, with a commercial vehicle and all the tools you'll need such as strapping, banding, cushioning wraps and trollies.
If you decide to move by yourself, you should think about:
Our advice, of course, is to use an experienced removals team that covers all of the costs within one quotation, inclusive of insurance coverage and the equipment you'll need to transport everything you own safely to the destination.
Some mortgage lenders like to see insurance details before the financing completes. You can end up overpaying for insurance if you're in a rush - so it's important to sit down and consider which policies are the best value for money.
The basics include:
Timing your insurance just right is essential, and it should cover you from the date you exchange contracts, not the day you intend to move in.
That's because any gap in the insurance can be disastrous - such as a fire breaking out when you technically own the property but don't have insurance to deal with the repair costs.
If you've lived at your previous address for any time, there are likely quite a few tasks you'll need to deal with before getting settled in!
Royal Mail offers a redirection service for up to a year (or from a couple of weeks) which can be very helpful if you're not 100% confident that every supplier, company, friend or business you deal with has your updated address details.
Many people hire a storage unit or self-storage space during a house move. For example, you might want some time to clean the new home before your furniture arrives.
This option tends to cost from £25 to £100 a week, depending on the volume required.
Moving by yourself means you'll need a lot of packaging - and probably much more than you imagine!
Boxes, bubble wrap, tape, and labels are all important to keep your belongings safe and easy to sort through once you've finished.
It's good etiquette to give your old home a thorough clean before leaving. Before putting all your furniture in the right spaces in the new house, you'll also probably want to book a deep clean (including shampooing the carpets and disinfecting bathrooms).
A deep clean from a professional cleaner costs between £100 and £350, depending on where you live, the size of the home, and which tasks you'd like them to carry out.
An often-overlooked cost is childcare and pet care, especially if you're moving a significant distance!
Having kids and pets under feet can make the chaos of moving even more challenging, and we'd always recommend booking a childminder or a local kennel or cattery near your new home for the moving day.
You're looking around £10-£20 a day for pet care, and £40 to £70 as a rough estimate for childcare.
We'd suggest taking final meter readings for every utility on the day you move out and before handing the keys over. You should do the same at your new home and send the readings (with a photo) to the supplier.
Next, you'll have to register the change of address with the local council - in both areas - to ensure you are up to date with your council tax obligations.
Finally, you will need to change your address with the DVLA on your driving licence. This service is free of charge but costs £14 if you apply online and want to change your photo simultaneously.
Passports don't include home addresses, so they won't need to be updated.
We appreciate that moving home can be a big project, and we hope this checklist helps give you a great idea of all the unexpected costs that are important to build into your budget!
For any further advice or support with organising your removals or getting ready for the big moving day, please contact the house move experts at Goodfellows Removals for advice.
What our customers say...
“I felt I had to write and thank you for all your help during our recent from Hollingbourne. Kim in the office especially, and of course your personnel who were the most skilled and professional I have encountered in many years of moving.”
Dr Brown - Dorset
“Just a note to say thank you for all your help during my recent move, and how wonderful the lads were. The whole move went without stress and the three lads were so very helpful and good natured.”
Sandra Mulley South Welling
Domestic removals have been a speciality of Goodfellows for the past 30 years
At Goodfellows we have our own secure storage facilities we can store any of your belongings
No matter how big or small your commercial removal need, we can help you at Goodfellows
Whether you’re moving locally or overseas, Goodfellows can help you along every step of the way