Costs and fees regarding moving home

clairecymru

I am considering selling my flat in Wales and buying a house in Scotland. The ERC for my flat is £3000 but my mortgage provider has told me that my mortgage is portable as long as I buy another property within six months. Does that mean I have to pay the £3000 and then I get it back? If so, do I have to pay this upfront or can it come out of the proceeds of the sale?

What is the going rate for estate agent fees and again do I have to pay these upfront or will they come out of the proceeds of the sale?

Does anyone have any idea of how much a removal firm will charge us to move us almost 400 miles?

Will I have to pay two different solicitors - one for the selling in Wales and one for the buying in Scotland or can one solicitor do the whole thing? Any idea of what the costs involved with this will be and again will I have to pay this before or after the sale?

I dont really want to rent in between selling and buying. What are the chances of it all happening at around the same time?

Can anyone think of other fees and charges and whether they can be paid after the sale or before the sale?

I have very limited savings but really want to move and I really have no idea what I am doing. Any advice would be appreciated.

G_M

clairecymru wrote: »

I am considering selling my flat in Wales and buying a house in Scotland. The ERC Early Redemption Fee??for my flat is £3000 but my mortgage provider has told me that my mortgage is portable as long as I buy another property within six months. Does that mean I have to pay the £3000 and then I get it back? Ask your lender.If so, do I have to pay this upfront or can it come out of the proceeds of the sale? Ask your lender.

What is the going rate for estate agent fees 0.75% - 3% and again do I have to pay these upfront or will they come out of the proceeds of the sale?Depends what agreement you reach with the EA but usually out of sale proceeds

Does anyone have any idea of how much a removal firm will charge us to move us almost 400 miles? Phone 3 for quotes/estimats

Will I have to pay two different solicitors - one for the selling in Wales and one for the buying in Scotland or can one solicitor do the whole thing?Yes. Much easier Any idea of what the costs involved with this will be and again will I have to pay this before or after the sale?Between £400 and £1000 per transaction. You pay some upfront and the balance on Completion

I dont really want to rent in between selling and buying. What are the chances of it all happening at around the same time?Most people do this though it makes it slower and more difficult. People who buy or sell 'chain free' are in a better position to negotiate on price

Can anyone think of other fees and charges and whether they can be paid after the sale or before the sale? See below

Take a look here or use google.

googler

You asked much the same in your earlier thread, and I recall it was said there that you'd be best with two solicitors. It's very unlikely that you'll get a Welsh solicitor who is familiar with the legal process in Scotland and vice versa.

You'll need a Scots solicitor to act for you with regard to your purchase. Typically, you'll pay their bill after the transaction is completed. You shouldn't be paying more than £900 - £1000 or so for a typical purchase.

https://forums.moneysavingexpert.com/discussion/2922878

googler

clairecymru wrote: »

I dont really want to rent in between selling and buying. What are the chances of it all happening at around the same time?

That'll depend on how happy you are about buying at a distance, how happy you are relaying instructions over the phone to your solicitor, and how much time you have available for house-hunting.

Also, the difference in processes will have an impact on how you offer for the house in Scotland, and at what stage you conclude on the purchase. Once your solicitor concludes missives on the purchase, that's you committed to entry on a certain date, and settling the purchase financially on that date. You need to be certain that your sale is at the stage that will allow you to do this.

Which part of Scotland are you looking to move to?

dacouch

The move would assuming they charge £60 an hour in total for two guys would be about 2 hours loading, 8 hours driving and 1 hour unload would be £660. They will probably charge you mileage of between £300 and £400 as they have to pay the guys to drive back so you will be looking at circa £1000 plus vat.

This is assuming it's a two bed flat, with nothing unusual eg pianos etc with 1 flight of stairs and that your using a proper removal company rather than a man and van

You might be able to get it for around £1000ish, due to the mileage involved I would recommend you get a fixed price in case there are delays on the way

Abel.a

Hi guys...
I am also in similar situation like this and searching for expert opinion or the solution to solve my case. Then i cam across this forum and applied for the membership and soon got it. Now I am very satisfied as i have got what i am looking for.
Thanks guys.