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What bills do you pay upfront when moving into new home?

DippyHippy86
Posts: 43 Forumite

Title is self explanatory really but it would be nice to know if you have to pay double, a month in advance etc.
Cheers :-)
Cheers :-)
Mortgage:
August 2018 - £121,500
Goal: Pay off in 8 years
Term: 25 year / 5 year fix
GC November - £306.25/£300
August 2018 - £121,500
Goal: Pay off in 8 years
Term: 25 year / 5 year fix
GC November - £306.25/£300
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Comments
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I don't think it's that easy. More to do with the company you choose to use (or inherit).0
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I don't think it's that easy. More to do with the company you choose to use (or inherit).
I understand with utilities :-)
I was just wondering for bills like council tax, tv licencing etcMortgage:
August 2018 - £121,500
Goal: Pay off in 8 years
Term: 25 year / 5 year fix
GC November - £306.25/£3000 -
I don't pay bills upfront and the first time I do when moving to a new property is to take meter readings and switch to a supplier of my choosing, often using the "move home" feature of my supplier in the old property.0
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DippyHippy86 wrote: »I understand with utilities :-)
It can be more than that, some companies like in advance, some in arrears. This can be for anything.
If you can stay with the same in the move then not much should change. It's when you change you may go to the opposite method.DippyHippy86 wrote: »I was just wondering for bills like council tax, tv licencing etc
Well couincil tax you will have probably paid a month upfront already. however if you move within the same area they will just transfer the DD with maybe a once off catchup if you go up bands.
TV again can juts be transfered.
But of course that assume you are stopping paying for the previous property ;-)0 -
DippyHippy86 wrote: »I understand with utilities :-)
I was just wondering for bills like council tax, tv licencing etc
Council tax depends on the council and whether your old place was in the same council.
TV licensing is transferable from your old address to the new, so nothing to pay there.0 -
Let or purchase?
If the latter, with a mortgage, you may find you pay a larger first mortgage payment due to accrued interest (interest from the day you complete to the end of that month) plus a regular month's payment.
This can be reduced by completing towards the end of the month. Your conveyancer will explain this further.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Thanks everyone :-)
I am moving out from my in-laws & purchasing a property so some bills I haven't paid for over a year as they have them covered - why I was curious as it has been a while! Lol!Mortgage:
August 2018 - £121,500
Goal: Pay off in 8 years
Term: 25 year / 5 year fix
GC November - £306.25/£3000
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