Thinking about moving house? We have put together our top tips to help you on your way!
We all know that moving house is a very expensive thing to do. It can be such an exciting time and the figures that are involved might seem so big that a few pounds here and there won’t seem like they’ll make much difference to your budget. We would advise keeping a tight rein on the budget and looking at where you are able to make savings. Here are our top money saving tips for moving house.
Quote quote quote
Make sure you get at least three Estate Agents to come and value your house and ask if they have any movement on the fee charges. Remember that it is business and you are the client. You are totally within your rights to ask the question, the worst that can happen is that they say no! However, if they are able to take anything off the quoted cost, make sure you get it in writing in the contract and remember it’s more money for any unforeseen costs.
Do the sums
We love MortgageCalculators.info for all their amazing calculators helping you to work out realistic budgets and costs. Take a look at the mortgage calculator which works out Local Mortgage Rates by inputting your postcode. Any saving here will make a huge difference to the first few years in your new home.
Go it alone?
You could consider the advantages of using an online platform to sell your house without an Estate Agent. There are multiple sites now available to help you with this and they will guide you through the process to make it as smooth as possible. If this approach is for you there is no doubt it will save you money.
Asking for recommendations for a solicitor is a great way to find someone you can trust. It is worth following up with two to three of these and asking what their fees are. If you’re not in a hurry and the sale and purchase are expected to be straight forward there is not a lot of reason to pay for a Senior Partner to work on the conveyancing. Don’t be afraid to ask them if there are any ways to bring the cost down. Try to use a local solicitor who will be familiar with the local market – whether that’s in Brighton, London or elsewhere.
Don’t always assume that a more expensive quotation is better. Often we get three quotes and take the middle one with the assumption that it isn’t going to be so cheap it won’t work and you don’t want to be ripped off by paying over the odds for the most expensive. If you make sure you ask for personal recommendations and the service required is straight forward there are times when accepting the cheapest is the most sensible money saving option.
That said, when it comes to certain aspects of work on your new house, do not go ahead without having first asked around for first hand recommendation and seen the work for yourself. A good way to get opinions and help from local people is via social media. Asking for personal recommendations from people who have had work completed by a tradesperson can be a good place to start. If there are any concerns then they should come to light. Don’t forget a simple ‘Google’ to check their credentials.
To conclude we would advise maintaining an ‘every penny counts’ approach to your budget. It will pay off!