How much does it cost to move house?
Moving house is one of life’s most stressful events and it can be quite costly too. There are many professional services involved from day one, right the way through to completion. These may be Estate Agents, Mortgage Brokers, Mortgage Lenders, Surveyors, Solicitors and of course Removal Companies. So how much does it really cost to move house?
If you are selling then you will need to find an Estate Agent to market your property. Estate Agents fees are usually commission based between 1% and 3% of the sale price plus VAT. There are Agents who offer fixed fees and the fees can be between £400.00 and £2,000.00.
In order to market your property, you may need to have an Energy Performance Certificate. The fee for this can be between £35.00 to £120.00 depending on the property type and the number of bedrooms.
A Mortgage Broker will help you to find the best mortgage suited to your needs. A broker fee may be charged as a fixed fee up to £500.00 or percentage, up to 1% of the loan amount.
The Mortgage Lender will have often change an ‘application fee’ which is usually between £100.00 and £200.00. There will be an ‘arrangement fee’ of up to £2,500.00. In most cases, the ‘arrangement fee’ can be added to the loan amount. There may also be a ‘valuation fee’ and on average this is between £300.00 and £400.00.
If you have an existing mortgage, check your paperwork for any early repayment fees.
If you decide to have a Survey carried out at the property, a basic home condition survey costs around £250.00. A full structural survey costs around £600.00 plus.
You will need to instruct a Solicitor to deal with the legal side of buying or selling a house. On average, a solicitors legal fees will be between £350.00 to £1,500.00 plus any disbursements. Note that if you are buying a property, searches can cost around £300.00 and the Land Registry Fee can be up to £500.00. Stamp Duty is also payable if you buy a property over the value of £125,001.00. The rates are:-
£125,001.00 to £250,000.00 = 2%
£250,001.00 to £925,000.00 = 5%
£925,001.00 to £1.5 million = 10%
Above £1.5 million = 12%
Stamp Duty is paid to your Solicitor who will then make the payment to HMRC on your behalf.
Although it costs extra, when it comes to your sentimental, life long and expensive possessions, it is a must have to have a professional removal company. Not only can this help to keep your move stress-free it can also save you money as your goods are less likely to be damaged and where you have a deadline with for key exchange and you are required to vacate the property by a set time.
Below are some main points to consider and ask yourself and your removal company when they are quoting you…
How far are you moving?
There are different costs involved for local, national or even international moves, including toll routes, fuel, longer working hours for your removal workers and ferries to name a few for long distances. Local moves are indeed cheaper for like for like contents.
What is the access like for moving items from my current property and into the new property?
Bad access could add several hundreds of pounds to your quotation due to vehicle access or extra flights of stairs or even hardship of being able to move larger items such as large sofas or pianos.
Do I need a packing service and dismantling and reassembly service?
It is a significant stress-reducer to have a professional team of experts come in your property to pack all your goods for you. It is a clean, tidy, quick process and you have the confidence that your goods are well protected. From our experience, customers who have tried it for the first time love it.
However, this can be fairly costly due to the packing materials and labour required. The quantity of items, the number of fragile items or expensive items, the more the cost of materials and labour required to perform your service professionally.
What you can do to get the best price on house removals
Download our printer friendly FREE full house moving guide, top moving tips and moving checklist. They give you handy reminders and a step by step guide up and the day of the move. These have been put together from our experience and from customer feedback.
Selling unwanted/unused items, binning broken items, giving away items to charity shops etc, all reduce the cost of your removal companies quote. The less the cubic volume, the less the cost.
Packing early gives you ‘peace of mind’, you often have more possessions than you think, so getting ahead sorting out what you are keeping and packing non-essentials away is a great tip.
The golden rule for quotations is to get 3 separate quotes, most companies offer free, no obligation quotes. Check for hidden fees, contracts, deposits (which could be non-refundable depending on your company of choice), check their reputation from social media and accreditation history from companies such as Which?, Checkatrade and Move Assured.
A Special Note
We hope you will consider using us for your move especially if you are located in Derbyshire or Nottinghamshire; we don't have any contracts, deposits or hidden fees and follow a strict code of conduct from Which?, Checkatrade and Move Assured.
All of our customer reviews are rated as a full 5* and our survey shows that 100% of our customers said they would and they do use us again.
We wish you good luck with your move and if you would like to contact us, even if it's just for some advice, its free to do so even if you don't decide to book with us.
Freephone: 0800 689 0412