How much does it cost to move house?

Moving house is an exciting but often costly endeavour. Whether you’re a first-time buyer or a seasoned homeowner, understand how much does it cost to move house? is essential for effective financial planning. Shires Removals Group is here to guide you through the process and provide insights into the various costs associated with moving to the UK.

How much does it cost to move house?

How Much Does It Cost to Move House with Shires Removals Group?

1. Legal Fees

Legal fees are a crucial aspect of moving house. These fees cover the legal processes and paperwork involved in buying or selling a property. Solicitors or conveyancers handle this aspect of the transaction. Legal fees can vary depending on the complexity of the sale or purchase.

2. Estate Agents Fees

If you’re selling a house, you’ll likely engage the services of an estate agent. They help market your property, find potential buyers, and negotiate offers. Estate agents typically charge a commission based on the sale price of the property, which can vary but is usually around 1-3% of the sale price.

3. Valuation Fee

When you’re looking to buy a home, your lender may require a valuation fee. This fee covers the cost of assessing the property’s value to determine whether it meets the lender’s criteria for a mortgage. Valuation fees can range from £150 to £1,500 or more, depending on the property’s value.

4. Stamp Duty

Stamp Duty, also known as Land and Buildings Transaction Tax (LBTT) in Scotland, is a tax you’ll need to pay when you buy a property. The amount you pay depends on the purchase price of the property and whether you’re a first-time buyer. To calculate your stamp duty liability, you can use a stamp duty calculator.

5. Removal Company Costs

Hiring a removal company is a common expense when moving house. The cost varies depending on the volume of belongings, distance, and services required. On average, you can expect to pay anywhere from £300 to £1,500 or more for removal services.

6. Surveyor Fees

A surveyor’s fee covers the cost of a property survey, which is a crucial step in the home-buying process. Surveyors assess the condition of the property and identify any potential issues. Surveyor fees can range from a few hundred pounds to over a thousand, depending on the type of survey you choose.

7. Land and Buildings Transaction Tax (LBTT) in Scotland

In Scotland, Stamp Duty is replaced by Land and Buildings Transaction Tax (LBTT). Like Stamp Duty, LBTT is based on the purchase price of the property and varies depending on the value of the home. LBTT rates can be calculated using official online calculators.

8. First-Time Buyer Benefits

First-time buyers often enjoy benefits such as reduced or waived stamp duty on properties below a certain value. These incentives can significantly reduce the cost of buying a property for those entering the property market for the first time.

How much does it cost to move house?


9. Property Sale Price

The sale price of your current property or the purchase price of your new home is a primary determinant of the overall cost of moving house. Property prices vary widely across regions, so research and budget accordingly.

10. Solicitor Fees

Solicitors handle the legal aspects of the property transaction, including the conveyancing process. Solicitor fees can vary, so it’s essential to obtain quotes and understand the services included in the fee.

11. Cost of Buying and Selling

Both buying and selling a property incur costs. While selling may involve estate agent fees, buying entails legal fees, stamp duty, and potentially surveyor fees. Be prepared for the combined cost of buying and selling when planning your move.

12. Moving House in England and Northern Ireland

The cost of moving house can differ slightly depending on whether you’re moving house in England or Northern Ireland. Stamp Duty applies in both regions, but the rates and thresholds may vary. Ensure you are aware of the specific rules for your location.

13. Additional Costs

Beyond the major expenses mentioned, there are various additional costs to consider when moving house. These may include:

  • Mortgage arrangement fees: Lenders may charge fees for arranging your mortgage.
  • Homebuyer’s report: A more detailed survey may be required, especially for older properties.
  • Building insurance: You’ll need to arrange building insurance for your new home.
  • Council tax: Budget for your local council tax payments.
  • Utilities: Inform utility providers of your move and budget for connection or disconnection fees.
  • Furniture and decor: Consider any new furniture or decor you’ll need for your new home.
14. Online Storage of Documents

Consider the cost of securely storing important documents and records digitally. Online storage solutions can help you keep essential paperwork organized and easily accessible when needed.

15. Expect to Pay Various Fees

Throughout the process of moving house, expect to encounter various fees and expenses. While these costs can add up, they are necessary to ensure a smooth and legally compliant property transaction.

16. Plan Your Budget

Effective budgeting is essential when moving house. Take into account all potential expenses and create a comprehensive budget that covers legal fees, taxes, removal costs, and any other anticipated expenditures.

17. Seek Professional Advice

If you’re unsure about any aspect of the costs involved in moving house, consider seeking professional advice from solicitors, estate agents, or financial advisors. They can provide guidance specific to your situation.

18. Calculate Your Total Expenses: How much does it cost to move house?

To estimate the total cost of your move, calculate all expenses, including legal fees, agent fees, stamp duty or LBTT, removal costs, and any additional expenses unique to your situation. This will give you a clear picture of your financial outlay.

19. Keep an Emergency Fund

Moving house can come with unexpected expenses. It’s advisable to keep an emergency fund to cover unforeseen costs that may arise during the process.

20. Negotiate Costs When Possible

When dealing with estate agents, removal companies, or solicitors, don’t hesitate to negotiate costs or ask for quotes from multiple providers. This can help you secure the best deals.

21. Plan Your Move Wisely

Timing can impact costs. Consider factors like the time of year and market conditions when planning your move. You may find better deals during certain seasons.

22. Be Prepared for Additional Costs

While you can budget for known expenses, be prepared for the possibility of unexpected costs or delays. Having some flexibility in your budget can ease the stress of unexpected financial demands.

23. Factor in Mortgage Costs: How much does it cost to move house?

If you’re taking out a mortgage, consider the associated costs, such as arrangement fees and interest rates. These can affect your monthly payments and overall expenditure.

24. Research Local Property Markets

Property prices can vary significantly from one location to another. Research local property markets to find areas that align with your budget and preferences.

25. Plan for a Smooth Transition: How much does it cost to move house?

Ultimately, the cost of moving house is a worthwhile investment in securing your new home. By planning your move carefully and considering all associated costs, you can ensure a smooth transition to your new property.

Moving house involves multiple expenses, from legal fees to removal costs, and it’s essential to be well-prepared. Shires Removals Group is here to assist you every step of the way, providing expert guidance and support to make your move as efficient and stress-free as possible.