We all know that moving house is one of life’s most stressful events; and it is not just stress levels that can hit the roof. Bank balances can be hugely affected too. In this article, we take a look at the average cost of moving home and what you can expect to be paying out as you begin the process.
Recent research has uncovered that the average cost of moving home today is more than £9,000. And if you live in London then the cost can be much higher.
These can be broken down into estate agent fees, legal and surveyor fees, other associated conveyancing costs – whether you use conveyancing solicitors London or in Loughborough our advice is not to represent yourself – as well as stamp duty. These all amount to an average of almost £7,500 with an extra £1,690 on items such as removal firms and storage fees.
Of course, there are variations in the cost of moving, dependant on where you live in the country. If you are moving home in Liverpool then you will be faced with a bill of less than £3,000; if you are doing the same in the Capital then expect to be hit with a much larger bill, totalling more than £22,000. Expect to pay more too if you are moving in either of the university cities of Oxford and Cambridge.
Do your research
Indeed, research has shown that almost half of people were unaware as to the scale of moving costs and a similar percentage of those polled said the unexpected costs had caused them stress and anxiety. That’s why it is vital to do your research and understand exactly what is expected of you financially. Experts such as https://www.samconveyancing.co.uk/Conveyancing-Solicitors/Conveyancing-Solicitors-London can provide greater insight.
Don’t get caught out
In order to make your house move as stress-free as possible, our advice is to plan ahead and look at how you can cut some of the costs. For example, rather than hire an expensive removal firm, could you you’re your own van and enlist the help of your family and friends on moving day?
Although the process can be stressful and expensive, we hope this article has given some handy tips to keep both down.