Home moving checklist – top tips to plan for the cost of moving day
With so many things to arrange, it’s easy to overlook the actual costs of making the house move itself. Planning ahead can help to reduce an already stressful day. Here’s our quick checklist of top tips to take into account if you are planning on moving home, whether you’re renting or buying.
1. Get a handle on the cost
Once you have a handle on your new mortgage payments, new insurance policies, solicitor and estate agent fees, make time to get to grips with moving day costs. Whether you’re a first-time buyer or a seasoned home mover, it’s important to get a handle on the costs associated with the day – it can be surprisingly costly.
2. Know what’s coming
Once you’ve got the keys and opened the door to your new home, as well as spending time getting your furniture into place, make time to fix your finances to suit your new home too.
As moving day approaches you may be surprised how costs and fees start to mount up. But with careful planning you can get prepared for the cost of moving day, so you don’t get any unexpected surprises.
Take stock to see what’s coming, so you know which costs need to be paid for by when.
Here are some key things to be aware of.
Removal costs – shop around for several different quotes (and references too) to find a reliable firm. The British Association of Removers (BAR) can provide cost estimates from
- Removal insurance – check the removal firm you hire is insured. If you’re moving yourself, think about arranging insurance cover. Check if your existing home insurance policy will cover your move – many policies will if you are using a professional firm.
- Storage costs – shop around to compare prices and security arrangements, and get a sense of average costs. Estimate the length of time you’ll need the facility, because prices vary depending on the term of contract.
- Cleaning costs – if you’re moving from a rental property you must usually leave it clean and tidy. Not doing so might contravene your Tenancy Agreement and your landlord may be allowed to charge you for the cost of a professional cleaner. Bearing this in mind, you may want to shop around and pay a professional to clean your property before you leave.
- Mail redirection costs – Royal Mail’s Redirection service is a reliable and cost-effective way of continuing to receive mail when you move home. It also reduces the risk that you will be the victim of identity fraud. This service is available for periods of 1, 3, 6 or 12 months, and you can redirect to any UK or overseas address.
- Extra moving day costs – think ahead to the day itself. Do you need to budget for extra childcare or kennels for a pet? Will you have the time or facilities to cook or should you plan for takeaways for a day or two? These costs can all add up so make sure you include them in your budget.
3. Get insured
If you’ve bought a home and have chosen a special mortgage deal or a fixed rate, remember to make a note of when it comes to an end. Then, check out what’s available a few months before it ends to make sure you get a good deal and don’t pay more than you have to.
If you’ve bought a new house, you’ll most likely need building insurance. If you have a mortgage your lender will insist on this. Remember, you don’t have to buy it from your lender, so shop around to get the best deal for you.
You can also buy insurance to cover the loss of or damage to the contents of your home, such as your furniture and electrical goods. Don’t forget to compare the terms and conditions as well as prices.
4. Sort out your new bills
- Get to grips with your new household utility bills as soon as you can. You don’t have to stay with the previous occupant’s providers. This is a great time to shop around and find the best deals for you.
- Set up Direct Debits for payments so the money is automatically paid from your bank account when it’s due. This will help you keep track of your budget and avoid late-payment charges. And some utility companies may give you a discount if you pay in this way.
- Find out about your Council Tax. If you are living alone you may be able to get a discount.
5. Keep track of your new budget
It’s a good idea to review your budget whenever your financial situation changes.
As you settle in your new home, make time to work out how much you’ve got coming in and going out each month.
Use our Budget planner to get a clear picture of your money situation and keep track of your regular spending.