My Glasgow House Move – The Major Costs

It’s a well known fact that moving house is one of the most stressful things that many people do in their lives; the third most stressful after death and divorce according to a national survey. My recent move in Scotland’s largest city highlighted that while there are an awful lot of things to budget for – from estate agent fees to finding removal companies in Glasgow – you can eliminate unnecessary stress and expenses by planning your budget in advance. Here are some useful tips to help you along:

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Estate Agents or Going Private

The costs associated with selling an asset are often difficult to swallow- you want to make money, not spend it. But marketing the property in the best possible way is key to getting a buyer, so it simply has to be done. If you choose the conventional route and go with a high street estate agents you will generally charge somewhere between 0.75% and 4 % plus VAT.
There are, of course, a number of internet estate agents and private sales websites out there that are increasingly popular. If you have the time to invest in communication and showing people round then you may wish to save some money by going down the private route. An ad on a private seller’s site will set you back between £50 and £150. Internet estate agent fees vary so get quotes from them along with a couple of reputable high street agents before making your decision.

The Cost of a Solicitor

Unless you handily have a law degree you will need to hire a solicitor to draw up contracts and ensure that all the legal work is in place for the handover of your old property and move in to your new one. Conveyancing is one of the few things in life that is cheaper than it used to be and you can now expect to pay around £570 on average.

Stamp Duty

Luckily for many, there is currently a tax break on stamp duty for first time buyers if the property is worth £250,000 or less- so in this case you can rule out the costs. Otherwise, you need to allow for 1% of the property price if it is up to £250,000 and 3% for anything above.

Removal Services

Going with a reputable removals company is a good idea- you don’t want to entrust your possessions to someone who doesn’t have a good track record of being reliable and honest. Check out a company online for reviews and recommendations. To save money, get quotes from a few companies in the Glasgow area making sure that each includes the full door to door service and insurance. Move on a week day if you can as costs are lower then, and de-clutter as far as possible so that you aren’t paying to move things that you don’t particularly want or need.

Have you moved house recently? Did it cost you more than you thought it would or were you pleasantly surprised? Are there any additional costs that you think others should know about? Share your experiences in the comments below.

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