Up to date moving costs?

oystercatcher

Apologies if this is asked frequently but I couldn't find anything recent on a search.

It's been 25 years since I last moved home, we both have health problems and would love to buy a bungalow this has been out of affordability until recently but we are now expecting a (not massive) inheritance. Together with savings we might be able to afford what we would like but I have no idea on all the costs, conveyencing , estate agents, removals etc. Could anyone give us a rough guesstimate of costs these days ? 

Rough price values Current house £400 K New house £550K. No mortgage required so we miss those fees although feel free to add them in if others may find the information useful. Only a short distance removals but possibly help packing. Possible storage for 'showhouse stage' . Home counties area.

The thought of moving fills me with dread .
Hope someone can give ideas .

MultiFuelBurner

Estate agents 1-2% sale price
Conveyancing sell and buy £2k-5k
Removals £500-£3000

propertyrental

for removals, depending how much stuff, try https://www.shiply.com/

They are an intermediary. Enter your addresses to/from and details of what's to be moved, and multiple small companies will provide you with quotes.

You can see for each company how many jobs they've done and how many satisfied/unsatisfied customers they have.

You choose the company.

They tend not to pack, and might charge extra on the day if you have more stuff than they quoted for, but even if you never use them, it's a good starting point to get an idea of costs.

The alternative a 'proper' removal company. They will offer packing if you want, provide boxes etc and visit you to look at your house/belongings, and then quote. They tend to be more expensiive, but get one round to compare.

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oystercatcher

Thank you. At least then we know roughly what to allow in finances.
I would definitely go for a proper removal company, we are both disabled and will need help. AS much help as possible. It's just knowing how much things cost after 25 years!!

Devongardener

We were quoted recently for a move of about 130 miles, doing our own packing, for approximately £3500. This was for a 2 bedroom bungalow but with a fairly full garage, garden furniture and pots.  The removal company would have done the packing and unpacking but I don’t know how much extra that would be.
i would recommend choosing a company that will come to see your items before quoting.  We tried a couple for which we had to complete an online estimate, room by room.  These were very confusing and it became clear that it’s  easy to underestimate how many packing boxes would be needed.
The company that visited quickly realised we needed a bigger van.

goldfinches

I'm in Oxford and this company are the gold standard around here, their website has quite a lot of information that you might find helpful.
I suspect that their prices are a good guide to top of the range prices throughout the Home Counties too.

Bigphil1474

We're currently selling and our EA is charging 0.9% + VAT - for a £400k house that would be £4.3k
Our conveyancing quote is around £3k to sell and buy.
Stamp duty is 5% above £250k - for a £550k house £15k
Survey for new property - up to £1k
We've allowed £1k for removals - moving a couple of miles.

If you get £400k for your house, that would leave you with around £375k for the new one.

Emily_Joy

We packed ourselves and got two men and a van who charge by the hour. We were moving about 1 mile away. Looking at the quotes on the forum it looks like we saved about £1.5K. Disassembling, securing, protecting and assembling furniture our movers were happy to do. They however refused to assemble furniture that we disassembled ourselves, which I believe is common practice. 

Albermarle

oystercatcher said:

Thank you. At least then we know roughly what to allow in finances.
I would definitely go for a proper removal company, we are both disabled and will need help. AS much help as possible. It's just knowing how much things cost after 25 years!!

Have a good clear out first. Otherwise you will probably pay to get someone to pack, remove and unpack stuff that you will probably never need.

oystercatcher

Eeek ! To 15k stamp duty ! So its 20 to 25 k to move.....worth knowing   ! 

We need to do a massive declutter , which wont be easy. Good to get our heads around some numbers though so at least we can be fully aware of what we can afford !

Thank you everyone.

Bigphil1474

It's worth doing a bit of a spreadsheet if you are up to it.

Do a series of columns with selling price (above and below your estimated selling price) with selling legal fees and EA cost reductions e.g. A to G, and then some columns with buying price with legal fees, moving cost, and stamp duty added on e.g. 1 to 8. Should give you a range of values so that if you sell for whatever, you know what you can and can't afford e.g. sell at price C, can afford price 6 to 8 and so on

Mine has selling price range A to F, and buying price 1 to 8. So if we get an offer of 'D', I know what I can afford with or without a mortgage for D1 (at £390k) to D8 (at £265k), like this:-

	New House	Net Cost	Mortgage Required
D1	£ 390,000.00	£  228,690.00	£  111,690.00
D2	£ 380,000.00	£  218,190.00	£  101,190.00
D3	£ 370,000.00	£  207,690.00	£    90,690.00
D4	£ 360,000.00	£  197,190.00	£    80,190.00
D5	£ 350,000.00	£  186,690.00	£    69,690.00
D6	£ 340,000.00	£  176,190.00	£    59,190.00
D7	£ 330,000.00	£  165,690.00	£    48,690.00
D8	£ 265,000.00	£    97,440.00	-£    19,560.00