Moving home is a costly business; having saved for a deposit, acquired a mortgage and paid stamp duty, you may be thinking the list of costs is spiralling out of control. When it becomes time to move into your new home, there are ways to make sure you’re not spending money on unnecessary costs, saving you money that can be put towards living costs or decorating your new property.
When it comes to saving money when you are moving house, it is as much about managing your time and effective organisation as it is the cost of services. Whilst it is tempting to try and do everything yourself, take all things into consideration before you commit because time, fuel, equipment and person-power all tips the balance of cost effectiveness.
Here is a collection of tips designed to keep moving costs down from the minute you decide to move, right up to moving day itself.
Before Your Move
- In order to save money when moving house, you should take time to plan ahead and consider every cost. Planning ahead means you are more likely to factor in all expenses and less likely to spend money on last minute emergencies.
- Work up to your actual move in the months, weeks and days building up to the move. Make sure you focus on the most important deadlines.
Clear The Cutter
- Decluttering your belongings make things easier when it comes to packing and will make the cost of your removal cheaper; the price of your home removal will depend on how much you are taking with you: the fewer the items, the less you pay.
- Also, less belongings cut down the number of packing boxes you’ll need to buy. It will also cut down on storage costs should you need to store items. Less belongings, the less you pay. You could also think about making some money by selling items online.
- Failing that, be ruthless and donate to the charity shops or become acquainted with the local tip. You will thank yourself in the long run.
Save Money On Packing
- Go to your local supermarket and ask for cardboard boxes. Ask friends or family who have recently moved if they have some you can use. Also, check out local Facebook groups, as someone locally will have moved recently, and will have packing materials they can donate.
- Get creative: Laundry baskets, rubbish bins, drawers, bookcases and suitcases can all serve equally well as containers.
- Acquire some laundry bags. These are very cheap and are ideal for clothes, coats, shoes and bedding. They are often very cheap at discount and pound stores.
- Don’t spend money on bubble wrap. It is terrible for the environment and uneconomical in the long run. Save up newspapers for fragile items. Make use of plastic grocery bags you already have plus bath towels, tea towels and old sheets can come in handy when moving fragile things.
- Try to avoid big shopping trips before you move. This simply provides you with more to move. Use as much fridge and freezer food as you can in the run-up to moving day.
- Packing effectively will save money on replacing broken items further down the line.
- Being careful with large items such as furniture and white goods, careful dis-assembly will reduce the likelihood of damage to the property itself, minimising unnecessary costs.
- Make a list and check it twice – Staying organised in the run-up to Move Day will ensure that everything runs smoothly and eliminates the risk of delays which could also cost you money.
- Removal firms can be expensive, so you might be thinking about completing the move yourself. You might be lucky enough to have friends and family to give you a helping hand.
- If you don’t have your own transport, shop around to find a good deal on van hire.
- Booking well in advance may help you take advantage of deals and discounts.
Finding A Removals Team
- First of all, compare prices on removals to make sure you’re getting the best deal. Getting quotes from different companies means you’ll get a better price. Quite often you will be able to see reviews and ratings from previous customers which can give you confidence in your choice.
- Doing the packing yourself (if this is possible) can save money. This way you are only paying the removals team to do the actual moving.
- Book your team as early as possible. The more notice you can give, the better. Removal companies can get booked up, especially during the summer, school holidays and over bank holidays. Moving during the week can help keep costs down too.
- Booking in advance also means you can budget, and accommodate any last minute changes.
- Do all the dismantling and reassembling of items of furniture yourself, as removals companies will usually charge for any flat packs items that need to be dismantled or re-assembled.
- Some removals firms will do discounts for OAPs, students, emergency workers, or for the armed forces. Make sure you enquire about discounts if you fit into one of these categories.
- If you need to store your belongings for whatever reasons, you might think about asking friends and family if they have any space in a loft or basement that you can take advantage of. This will make you considerable savings.
- If you have to pay for storage, be sure to shop around and compare prices. They vary a lot!
- Make sure you know the length of time you are going to need storage and the square footage of space you need as every company will ask you these questions and all quotes will depend on this.
- Reduce the amount of belongings you have. This will reduce the amount of storage you have to pay for. Seize this opportunity to rid yourself of unused possessions that take up valuable space. Maybe go by the six-month rule – if you haven’t used it in the past six months, get rid!
- Sell unwanted goods. Either go to a car boot sale or sell things on Ebay. Freecycle or Freegleare also your friends and could even save you time going to charity shops or the post office.
- Don’t pay for removal insurance you don’t need. Many home insurance policies have you covered already (if you are using a professional removals firm). Make sure you check this ahead of moving day.
- If you’re hiring a van yourself and completing the move independently, you need to make sure you are properly insured. Compare quotes to get appropriate cover at a good price.
- Compare insurance providers online (do not automatically agree to the buildings insurance offered by your mortgage company). Buying a combined buildings and contents policy from the same insurer can mean discounts of between 10% and 20% a year
- Moving house is a good opportunity to compare electric, gas and water suppliers in your new area. Your new area might have better deals on r energy bills. By comparing the different providers you could potentially save a substantial amount of money.
- Make sure to check your account after you’ve left your old provider, as you may also be due a refund if your account is in credit.
- When you move into your new home, don’t forget to take water, gas and electric meter readings. You need to make sure you won’t be charged for the previous owner’s usage.
- Similarly, take meter readings at your old property as your old providers will ask you for these take pictures of the readings as well.
- It is very important to redirect your mail when you move house. There is a small charge, but it’ll cost considerably less than if your mail falls into the wrong hands.
- If you don’t redirect your mail and you receive bills via the post, you could end up with increasing fees from missing important bills. This could damage your credit record, hindering your chance in the future, of getting another mortgage.
- You could set the service up yourself for free.
- Register asap on the electoral roll as this helps build your credit report.
- Check your council tax band. Up to 400,000 homes in England and Scotland may have been in the wrong band since the early ’90s. If you live in one of those homes, you can get your band lowered and a backdated payout.
Conveyancing Store here to help you save every step of your house move process.