Moving out of parents - new address notification?

Dealo

Hi guys - not sure if this is the right section to post in so feel free to move!

I've been living with my parents for pretty much all my life (bar 3 years at Uni). Next month I'm finally moving out - I'll be renting a room in a flatshare.

My question is - who do I absolutely and legally need to notify of an address change? I'll be popping back once a week anyway to pick up any mail, so is it really necessary to inform everyone?

My specific concerns are around HMRC, the electoral roll, my bank and my credit card companies - if I don't inform them I have moved will it harm my credit rating etc?

As I am just renting, there's every chance that 12 months later I will move onto another flat or perhaps be in a position to purchase, so is it worth it?

Any assistance would be appreciated.

no1catman

Do you have a driving licence? If yes - you need to tell the DVLC.

If the Electoral Register isn't updated, they could effect your credit rating, in that any loan applications quoting the new address - will hit a brick wall.

tonyh66

motor insurance also need the new address

DumbMuscle

Having accounts on your credit report at multiple addresses can be a bad thing (it shows instability or being bad at managing finances) - as can having accounts at an address which is not the address at which you are registered to vote.

Bigphil1474

OP, I had my old paper driving license at my mums address for about 10 years after I moved out. Only changed it when she moved out of that address - I then went onto photo license, so it was a long time ago. Wouldn't do it now though, obviously.
For me, I just changed the address for everything that I wanted at my new address. Car insurance is the obvious one, as where you live is relevant to the policy - plus car log book. I don't remember ever telling HMRC of a change of address, but I've worked for the same employer for 23 years - I assume they notify them as HMRC have always managed to send me letters to the right address.
Might be more convenience for bank and CC details, rather than a legal requirement - would have thought they just need to be able to contact you rather than having to know where you live. Might be easier to just ask them, if you aren't planning on sticking in one place for long.

glennevis

Quote: "Having accounts on your credit report at multiple addresses can be a bad thing (it shows instability or being bad at managing finances) - as can having accounts at an address which is not the address at which you are registered to vote."

That has not been my experience. As I hadn't sold my old house I took 3 years to notify all organisations of my new address. Most important were vehicle insurance and DVLA plus at least one bank account which makes online shopping easier. Electoral Register I left for 2.5 years. Doesn't appear to have had any effect on my credit score before or since. (Bad debts show inability to manage finances IMHO).