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Moving costs explained

  06 Apr 2016

Buying a home can be very expensive and there are many additional and one-off fees that are associated with obtaining a mortgage. This means that a buyer needs to be fully prepared for a lot of outgoings and one cost that many buyers forget, overlook or underestimate is the cost of moving home.

There are so many variables involved with the cost of moving home that it would be impossible to provide an exact costing for someone moving home, but there are many common aspects of moving home which need to be accounted for, and this can provide a rough estimate of the cost of moving.

Removal costs

If you are looking to hire a removal company, you should count your rooms, measure up the space in your home and create a rough approximation of how much stuff you need to move. If you can provide accurate information to the movers, you will find that you will receive the most realistic quote.

It is important to obtain quotes from a number of removal firms but bear in mind that the lowest cost quote isn’t necessarily the best quote. You should focus on value for money, what is provided for each quote, and the general reputation of a firm. There is no point in paying a low fee to hire a removal firm that has a reputation for arriving late, not providing packaging or packing support and who don’t take care of your items while moving.

You need to work out what level of support you need (do you need packing materials and do you need assistance packing/unpacking) and then obtaining a quote based on what you need.

If you don’t have a lot of items to move or you have people who can help, is it more affordable to hire a van or book a “man with van” service?

Storage costs

Some people need to place belongings into storage for a short period of time between property moves or for a longer period of time until they work out what they are doing next in the property market.

Again, it is best to work out what you need, how long you need storage assistance for and then obtain a few relevant quotes. As with considering removal companies, the lowest price may not be the best option so review what you will get for your money.

Cleaning costs

If you are currently renting property, you will want to ensure that you leave the property in the best possible condition, as this will increase the likelihood of receiving your deposit back. You may also want to look into the cost of hiring cleaners, or buying good standard cleaning equipment and materials, for your new home to ensure it is of the highest possible standard before you move in.

Mail redirection costs

If you are concerned about missing important mail, you can arrange for Royal Mail to redirect mail for a period of 1 month, 3 months, 6 months or 12 months. You should looking to inform all relevant authorities and parties about your move, but this service provides a good back-up solution and it can also help to minimise the likelihood of being a victim of identity theft.

Additional costs of moving

As with virtually every aspect of buying a home, there are always additional fees and costs that can see the total money you spend soar even higher. If you have a pet, will you be able to look after it during the moving process, do you have someone on hand to watch your pet or do you need to pay for a kennel or professional pet sitter to ensure your pet is properly looked after on moving day?

Similarly, if you have young children can you ensure that they are occupied and cared for, or will you need to hire someone or pay someone to keep them occupied?

Even if you find friends or family members who are happy to help you move home, you should be looking to ensure that they are fed and watered, and this can add up quickly. There is also the fact that you may not be connected to gas and electricity right away or have your appliances ready to use, so do you need to factor in the cost of a few takeaway or sit in meals? Similarly, if you don’t have phone lines, broadband or TV set up straight away when you move in, will you need to factor in other costs to ensure that family life runs smoothly?

When you are moving home and looking to create a budget of your costs, you should look to be as thorough as possible.


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