- Estate agents fees if you are selling, and perhaps a finders’ fee if you use a specialist to find you a home.
- Stamp duty land tax. For more information on taxes, see here.
- Moving costs and any storage costs. Don’t forget to arrange phone and utility connections too.
- Fittings and furnishings. Some may come with the house, others not.
- A Home Information Pack – if you are selling.
- Council tax when you move in. Is the new home in the same band and rating authority as your old one? For more details, see here.
- Contingencies. One recent survey showed that many new home owners had to spend money on their heating or plumbing system in their first year. Ideally, have a contingency fund to cover such unexpected costs.
Knowledge Bank >
Property and mortgages >
The home buying process
06: Other costs
Moving home is an expensive business, and can include:
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances and/or amount of borrowing. We will notify you of any costs before any advice is provided.
