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Author How much does it cost to move house these days?
Robin
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Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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12th Jan 07 at 22:49   View Garage View User's Profile U2U Member Reply With Quote

My mum and I might be moving to another house in the village, depending on the valuation of our house, and whether our offer is accepted.

Mum is wondering how much money she'll 'lose' in the process (stamp duty, van hire etc)

Our house is worth £200-215k, No mortgage, so we'd be buying the new house (smaller, 190k) outright...

Anyone got any ideas?

Sorry for the randomness
mav
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12th Jan 07 at 23:40   View User's Profile U2U Member Reply With Quote

For me

Van hire, luton van 24 hrs = £45
No stamp duty.
Done all moving etc with me and family / friends..

For buying a house and selling I paid the lawyer £800 which was really cheap, can expect to pay more than that I think..

You have survey fees etc too for new house.

Also take into account estate agent fees when selling...

[Edited on 12-01-2007 by mav]

[Edited on 12-01-2007 by mav]
Colin
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13th Jan 07 at 00:06   View User's Profile U2U Member Reply With Quote

Probably about £4/5k or so for the move!!

Stamp duty 1% of the price £1900, fees will be about £2k then from £50 for a van for a day.
mav
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13th Jan 07 at 00:10   View User's Profile U2U Member Reply With Quote

£4-£5K, never has it cost me anything near that Colin I have moved 3 times now....
John
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13th Jan 07 at 00:16   View User's Profile U2U Member Reply With Quote

I would say 4-5k is about right for a house that price.
mav
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13th Jan 07 at 00:20   View User's Profile U2U Member Reply With Quote

Are you including the stamp duty etc in that price, if so then aye about right...
Colin
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13th Jan 07 at 00:57   View User's Profile U2U Member Reply With Quote

Stamp duty accounts for half of it, If your just talking legal fees then depends if you can get a buyer for your house without advertising it with an estate agent.
mav
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13th Jan 07 at 12:56   View User's Profile U2U Member Reply With Quote

like me

Put a sign in the garden had 4 offers in a week
Colin
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13th Jan 07 at 13:44   View User's Profile U2U Member Reply With Quote

Best way, you know yourself what agents charge!!
Robin
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13th Jan 07 at 20:15   View Garage View User's Profile U2U Member Reply With Quote

Had the estate agent round today, for a valuation and a few questions.

He reckons 8k should cover EVERYTHING, van hire, stamp duty, fees, leaving some change.

Our house is going on the market for £215k, so as soon as we get any interest, we'll be putting an offer in for the other house, probably at 180k, not 190.

I'll keep you all posted with progress, if anyone cares
Colin
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13th Jan 07 at 20:21   View User's Profile U2U Member Reply With Quote

Why not stick a sign in the garden for a few weeks??? Could save you some dosh....& you know what your after for the house!!

£8k for a move is alot!!
Robin
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13th Jan 07 at 21:39   View Garage View User's Profile U2U Member Reply With Quote

But it wouldn't actually cost us anything, we'd have money to pocket, and a better house...
Ian
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Registered: 28th Aug 99
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14th Jan 07 at 01:11   View Garage View User's Profile U2U Member Reply With Quote

I would hope 8k covers everything.

Stamp Duty is at 1% up to 250k, so £1900.

Agent fee for your sale if you assume 1% again - although they might want more? £2150 at the highest valuation. I personally think that is loads and would try and get that down.

I would be curious to see where the remaining £4050 is going.

Read this - http://money.guardian.co.uk/movinghouse/story/0,,683445,00.html
Ian
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14th Jan 07 at 01:13   View Garage View User's Profile U2U Member Reply With Quote

And this - http://money.guardian.co.uk/homebuying/movinghome/story/0,,1124919,00.html
Robin
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14th Jan 07 at 01:14   View Garage View User's Profile U2U Member Reply With Quote

I think it's 1.5% selling fee, then there's money for a survey of the new house, solicitors fees(?) can't remember what the bloke said now, but it was definitely 1.5%, that's the norm round my way
Ian
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14th Jan 07 at 01:15   View Garage View User's Profile U2U Member Reply With Quote

The norm according to who? All the estate agents?

Tell them 1% and if they're not happy with that, offer him 2k.

If thats still no good, ask him whether he wants the 1750 now or later.
John
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14th Jan 07 at 02:04   View User's Profile U2U Member Reply With Quote

Yip tell them to gtf with 1.5%, 1% would be a good price.
mav
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14th Jan 07 at 02:14   View User's Profile U2U Member Reply With Quote

Rob that seems way to much mate.

I saved 2k advertising myself..
Robin
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14th Jan 07 at 15:12   View Garage View User's Profile U2U Member Reply With Quote

He said 8k max, it definitely would be less, maybe I didn't word it well

We've got to get him down again anyway, to take photos and measurements, so I think we'll need to discuss it again
John
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14th Jan 07 at 15:47   View User's Profile U2U Member Reply With Quote

Have you got 3 round?

You get 3 and pick what you think is the best, and the best doesn't just mean the one that says your house is worth most.
Robin
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14th Jan 07 at 15:55   View Garage View User's Profile U2U Member Reply With Quote

We've had 2, with another coming on monday.

Both so far have said exactly the same thing.
John
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14th Jan 07 at 16:08   View User's Profile U2U Member Reply With Quote

Just a case of picking who you think will be the best then.

Which if they are the same would be the cheapest.

 
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