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Cost of Moving House

Let’s face it: Moving house is not a fun time. Add the high cost of moving house and you will surely be feeling the stress. You probably want to lower the costs as much as possible. But that requires knowing how those costs are actually calculated. Luckily, we have created this guide to inform you about the moving house costs.

Moving House: A summary of potential cost points

With such a big decision, it is natural for you to want to save as much as you can and get the most value out of your money. The amount you pay can consist of:

  • Legal and transaction fees
  • Taxes
  • Cost of the removal company

The estimated total cost of moving a house is around £9,000. This is based on the average property price in the UK as of August 2023, as well as average conveyance, estate agent, valuation, and surveyor’s fees. Here’s a brief overview:

Type of CostCost Details
Cost
ConveyanceSolicitor facilitates property transfer
£500 – £1,500
Estate Agent FeesUsually between 1% and 3%
£4,226
Stamp Duty Land TaxDepends on price of your home
£1,726
Valuation FeeRequired by your mortgage provider
£150 – £600
Surveyor’s FeeProperty checked for structural issues
£250 – £600
Removal CostsHouse removal with packing and disassembly / reassembly
£1,200
TotalUsing an average property price of £286,489 in the UK
£9,002

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Conveyancing Fees

In exchange for handling the legal aspects of the purchase and sale of a property, solicitors charge a fee. The amount varies but you should be ready to pay between £500 to £1,500.

Estate Agent Fees

Fees differ from agent to agent but in general, they range from 1% to 3% of the house sale price subject to 20% VAT. This fee is only paid by the seller.

Stamp Duty Land Tax

This is a tax paid on properties priced over £125,000. Stamp duty rates only apply to the portion of the property price that falls within each percentage band. The Stamp duty rates are as shown below:

Stamp duty land tax rates

Property Purchase Price Brackets
Rate
£0 – £125,000
0%
£125,001 – £250,000
2%
£250,001 – £925,000
5%
£925,001 – £1,500,000
10%
£1,500,000+
12%

Valuation Fee

Lenders charge this fee when making sure your property’s worth matches the amount that they are lending to you. Valuation may be included in your deal with a mortgage provider as well as part of the property survey.

Surveyor’s Fee

A house survey is needed for all parties to identify any issues with the property. There are 4 types: Condition Report, HomeBuyer Report, Home Condition Survey, and Building Survey. In most cases, a HomeBuyer Report is sufficient.

Removal Costs

Your house removal costs depend on the volume of items, the level of service requested, and numerous other factors.

Reduce your house-moving costs

How can you lower your house moving costs?

The cost of moving a house is a high one. However, you can help reduce this expense by finding the best moving quotes from a removal company.

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If you take into account all the factors that affect moving specialist prices, it is possible to reduce your moving costs. When looking at removal quotes, it is necessary to consider the main issues that increase costs. These are:

  • Amount of items
  • Timing of your move
  • Packing services

Amount of items

The removal company cost is greatly affected by the number of items that you would like to transfer to your destination. A larger item load means a longer loading time as well as a higher number of workers required, costing around £20 per mover per hour. Try getting rid of any items that you will not need at your new home to reduce the volume of your belongings.

Timing of your move

Most people set their move dates on the weekend, holidays, and on the first or last day of the month to avoid conflicts with their work. While this is reasonable, keep in mind that moving companies also increase their rates on these peak moving days. Not only are movers working on the weekend, they are also able to charge higher prices due to increased demand.

Packing services

Professional packing can greatly reduce your preparation and loading time. However, if you are moving from a small flat with only a small amount of items, it is a good idea to consider packing yourself. Again, decluttering is a great way to make moving on your own much more feasible.

Combine these with our stress-free removal tips on our moving house page to make your relocation project as cheap and simple as possible.

Save up to 40% to lower your overall moving house costs

A move to a new home is very expensive, with numerous fees and taxes to be paid. Reducing the price you pay for removal companies will help save money and of course, any amount saved is a good amount.

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