What's the total cost of moving house?

andymc29

My partner and I will hopefully be moving house in just over a year. We will be moving around 20 miles from a £130k house to a £300k house.

we will need around 9k in stamp duty, but my partner is convinced that we will still need another 11k on top of this to move. So we now have a target of £20k to move.

Is this too much money? She's very stressed about this saying that she can't see how we can afford it. Considering we've paid ten grand between us over the last five month for our wedding, I don't see why she thinks this.

DPJames

£11K!!!

No, it's costing us about £6K. And that's everything except stamp duty.

Solicitors fees, estate agent's fee's, mortgage arrangement fees, surveys searches, storage, removal men, everything. We're moving from a £90K to a £250K house.

Your missus might be considering new furniture, TV's, white goods, beds etc.

go_cat

It cost us about £5500 excluding stamp duty to give you an idea but that included 1k mortgage arrangement and selling a house

11k is slightly extreme !

Oops forgot EA fee for selling that was an extra £2100

andymc29

She's only considering the moving costs, no additional furniture or white goods.

To be honest, she's one of these people who think everything costs more than it does.

we earn nearly 80k between us and she's thinking we can't save 20k in a year with a current mortgage of £500 a month. And yet she think's I'm the one who needs to face reality.:mad:

Mr_Thrifty

I bet she's stunning to look at

DPJames

You'll be able to save £20K easy. We've a combined of £70K, and saved more than £40K in a year.

But you don't need £20K. You only need 5 or 6.

big5

Excluding stamp duty, our move cost just under £7k.

saverbuyer

DPJames wrote: »

You'll be able to save £20K easy. We've a combined of £70K, and saved more than £40K in a year.

But you don't need £20K. You only need 5 or 6.

You have a combined of 70k and save 40K a year????:eek:

That is impressive. What do you eat? Grass?

go_cat

Mr_Thrifty wrote: »

I bet she's stunning to look at

that made me spit my tea out :rotfl::rotfl::rotfl:

[Deleted User]

I think our costs were probably close to £20k, for our £305k house (3 bed semi in Hertfordshire)

£9000 stamp duty
£900 solicitors to buy and sell (i know that was cheap)
£2250 to sell our old house (estate agent fee)
£700 - removal van and packing service

so, you've got £12,850 to move out, and then move in. I think we also spent £900 doing up the old house to make it more sellable

Then, moving in we spent £2000 on new carpet, £4000 on renovation and redecoration. This week we spent another £2000 on new furniture (since it's a bigger house) and we also bought 2 new sofas (£1050). We also put in downlights though the house, costing £900.

So, grand total was £22,800. Bye bye savings account.

Getting a new mortgage could also set you back another £1000 for the setup fee. Glad we had a £0 charge for ours

I did have an epic spreadsheet to track costs and make sure we weren't penniless at the end

HapPea

saverbuyer wrote: »

You have a combined of 70k and save 40K a year????:eek:

That is impressive. What do you eat? Grass?

I presume you mean 70K net take home pay?