Thinking of Moving House or Home in 2018? - Save yourself time and money on your Conveyancing Fees when Moving Home
Using Conveyancing Calculator, we can help you save both time and money when looking to appoint a solicitor to help you with selling your property or buying a property. Simply enter a few details regarding your sale or purchase into our calculator below, and within 3 simple steps we will provide you with quotations from regulated nationwide UK solicitors and conveyancers ready to handle your move.
Moving Home in 2018 - What is the Average Cost of Moving House in the UK?
If you are looking to move home in 2018, it's important you know the potential costs involved so that you can budget for your move. Whether you are just selling a property, buying a property or buying and selling a property, fees and services that you will need quickly start to accumulate and begin to add up. We breakdown the costs involved in a potential property move for you below, so that you can begin to estimate the true cost of moving home in 2018.
To provide an average cost of moving home in the UK, we have to make some assumptions. According to the UK Government's House Pricing Index, the average house price in the UK as of February 2017 is £217,502. If we take this amount and plug it into our moving costs calculator here at Conveyancing Calculator, we estimated the average cost of moving home in the UK to be £9,684.00.
£9,684 is the Average cost of Moving Home in the UK - How is this broken down?
Dependent on your situation, will depend on hom much of these costs will be associated with your move. We have broken down the £9,684 into the costs you would expect for selling your home and for buying your new home using the average UK house price.
Selling a 2 Bedroom House for £217,502 and Buying a 3 Bedroom House for £217,502 - The Average UK House Price
These are the estimated sale costs for a 2 Bedroom House selling at the UK average property price ofr February 2017 of £217,502.
Selling Costs
| Charge or Cost Description | Total Cost (£) |
|---|---|
| Estate Agents Selling Fees (Assumed 1.5% of the Sale Price) | 3263.00 |
| EPC Certificate (Energy Performance Certificate) | 49.00 |
| Legal Conveyancing Fees | 573.00 |
| Legal Conveyancing Disbursements | 30.00 |
| TOTAL SELLING FEES | 3915.00 |
Buying Costs
| Charge or Cost Description | Total Cost (£) |
|---|---|
| Mortgage Advice Fee (FREE with our partners L&C) | FREE |
| Mortgage Arrangement / Setup Fees | 1500.00 |
| Mortgage Lender Property Valuation Fee | 450.00 |
| RICS Homebuyer Property Survey | 400.00 |
| Legal Conveyancing Fees | 700.00 |
| Legal Conveyancing Disbursements | 369.00 |
| Removal Fees | 500.00 |
| Stamp Duty (SDLT) | 1850.00 |
| TOTAL BUYING FEES | 5769.00 |
So as per the calculations above, you can see that our average cost of moving house in 2017 has totalled £9,684.00.
Other Costs to Consider when Moving Home
It's important to consider some other costs if you are looking to move house or home in 2018. Quite often these little things add up and can actually affect your monthly budgeting once moved from your old property and into your new property.
Mail Redirection
The Royal Mail can setup mail redirection from your old property to your new home. Prices start from £31.99 for up to 3 months mail redirection and 12 months redirection within the UK costing £62.99. It's important to do this to make sure that you have the time to switch and update any other service providers, store cards, credit cards, banks, utility companies and more. With an ever increasing risk in identity fraud, the last thing you want is an important bank statement falling into the wrong hands!
Home Insurance
Quite often with the purchase or a new home, you will need to ensure that your new property is insured and covered with adequate home insurance. Be sure to shop around for home insurance deals and offers using comparison websites such as:
You can often receive a great deal on home insurance by going direct to some other providers. Some popular and highly rated home insurance providers include:
- Aviva - 5 Star ***** Defaqto Home Insurance
- John Lewis Home Insurance
- Endsleigh Home Insurance
- Together Home Insurance
Utilities - Your Water Supplier and Switching Energy Suppliers for Gas and Electricity
When you are moving home, its important to let your water, gas and electricity supplier know you are moving home. Quite often they will need meter readings from you to close the accounts down and send you a closing invoice / bill for each of the accounts at your current address. Many will also take a forwarding address to forward on any other correspondence and other bills. Many suppliers can help you switch your energy to the new home that you are moving to. However once again, be sure to check your options and compare prices and offers online using comparison websites. Some of these services may help you compare offers:
Tip - Try and have an old invoice or bill handy to estimate your overall electricity and gas consumption.
Life Insurance
With moving to a new property, you will need to reconsider your current life insurance cover.
- Is your new property of higher value?
- Do you have a larger mortgage?
- What would happen to your property and your family should the worst happen?
Be sure you have adequate life insurance cover to suit your needs. Quite often you can amend your exisiting policy with your existing life insurance provider, but again shop around and see what offers are available for a new life policy cover. You can compare quotes on these websites:
Telephone, TV & Broadband Packages
With more and more of our everyday life being connected online, it's important to ensure that you organise a communication package to suit you and your family when moving to a new home. If you have a package at your existing home, it's often an idea to give them a call and see if you can move your services to your new address. Most have home moving teams that can assist you with transferring telephone, TV and broadband packages into your new house. If you are interested in switching providers, then be sure to check that you are free to move providers, as others will often charge cancellation fees if you cancel a contract early or decide to move to another provider.
If you are looking for a better package or new deal, then be sure to check out these providers for their latest offers and bundle packages for your new home.
- Virgin Media Home Entertainment - Super fast Fibre Broadband, TV and home phone packages.
- BT - High Speed BT Infinity Fibre Broadband, Unlimited Broadband, Home Phone and BT TV packages.
- Plusnet - Broadband, TV & Home Phone
How to Save Money when looking to Move Home - Moving House is Stressful, Listen to the Advice and Guidance of Others
First thing's first. Listen to advice from friends and family. Quite often many of these people have been in your situation and can provide you with first hand advice and guidance of what to look out for when moving home. With this knowledge in hand, make sure you shop around and research potential suppliers online. It's often best to take a range of quotations for a particular service that you are interested in and then review your options.
Research Potential Moving Home Suppliers - Customer Reviews, Feedback & Responsiveness
Look at customer reviews, feedback and ratings for each of these companies both online and offline and maybe even give a potential company a quick phone call. See how responsive they are on the phone and how they deal with you as a potential customer.
