How to Save Money when Moving House

Moving house can be a very expensive time. From estate agents fees to the cost of transporting all of your belongings, it’s no wonder that many people are put off by the cost of moving, and decide to simply stay put instead. But moving house doesn’t have to be a drain on your finances. In fact, there are plenty of ways in which you can minimize the cost of moving, and save money in the process.

Shop Around for Mortgages

Mortgages represent a huge portion of the cost of moving house, so it’s important that you get a good deal. Many people choose to stick with the provider they already have, but this could see you miss out on some great deals. Instead, investigate the market and compare rates from several different providers.

Get Different Valuations

The valuation process is not set in stone, and there is no clearly defined amount which any person would pay for a property. Because of this, you cannot guarantee that any single valuation you receive will be the best indicator of your home’s worth. Always make sure to have your property valued by different people, at different times of the day. Additionally, do your own research. Find out what properties on your street are selling for, to ensure that the price you’ll be asking is reasonable.

Negotiate With Service Providers

Many services, such as Sky or broadband, require that a person pay an re-installation fee when they move. However there are other providers which offer free installation, as well as great deals on new contracts. So, before you move house, make a point of calling your existing service providers and explain to them that you are thinking of switching in your new property. They may be willing to waive the installation fee, in order to retain your custom.

Invest in Conveyancing

Sometimes we have to spend money to make money, and this is also true when it comes to saving money! Even though it requires a small financial outlay, conveyancing is one of those services which no potential homeowner should go without. Conveyancing refers to the process by which the legal title of a property, or piece of land, is transferred from one owner to another. Because it’s a legal process, during which many things can potentially go wrong, it’s always a good idea to have a professional handle your conveyancing. This will ensure that the transfer is conducted legally, and in a timely manner, which will ensure that you don’t have to pay any additional costs afterwards.

Home buying