The Real Cost of Moving Home


the real cost of moving home house removal move selling buying sell buy mortgage fee budget idea realistic estate agent solicitor advisor advice

Here in the UK, moving home can be an expensive affair; but worthwhile if you are moving to a place you love, a home you adore or closer to loved ones. Whatever your reason for moving home, we wanted to give you a realistic guide showing you how much will be the real cost of moving home.

Here in this blog post we will look at the cost of buying a home to give you an idea of how much you can expect to spend. We will look at everything from calculating stamp duty to getting a house survey done and everything in between.

Let's get started...

1. Estate Agent - £850 upwards

If you are a first time buyer, this is a cost your don't have to consider as you don't have a property to sell in the first place. However, if you have a home to sell before you buy, then you will certainly benefit from taking a read of our pros and cons blog post 'Online Estate Agent Vs High-Street Agent' to help you decide how to sell your home.

This cost can be anywhere from a fixed fee for an online agent of around £850 to a percentage of your selling cost anywhere from 0.8-1.2%+VAT. And of course, you can always negotiate a fixed fee with your agent to make sure you know your costs upfront.

For example if you are selling your property at £200,000, you can expect an estate agent cost of around £2400.


2. Stamp Duty - £0 upwards

If you are a first time buyer, you will benefit from not having to pay stamp duty on any property below the value of £300,000 and you will received reduced rates on any property costing below £500,000.

Stamp duty rates will vary depending if you are purchasing a new home or additional property. You can calculate these costs quickly using an online Stamp Duty Calculator or you can work out your costs from the table below.

Band New Home  Additional Property
less than £125,000 0% 3% *
£125,000 to £250,000 2% 5%
£250,000 to £925,000 5% 8%
£925,000 to £1.5m 10% 13%
everything over £1.5m 12% 15%

 * an additional property of value less than £40,000 will be charged 0% stamp duty and an additional property bought from between £40,000 to £125,000 will be charged 3% stamp duty on the full purchase price.

Using this calculation method, a new property bought at £305,000 will be charged:

Band % Taxable Sum Tax
less than £125,000 0 £125,000 £0
£125,000 to £250,000 2 £125,000 £2,500
£250,000 to £925,000 5 £55,000 £2,750
£925,000 to £1.5m 10 £0 £0
everything over £1.5m 12 £0


 Therefore the taxable amount on a property purchased at £305,000 will be £5,250.


3. Solicitors Fees - £900+VAT upwards.

If you don't have to sell a property before you buy, then you will only need to be paying the solicitor for your purchase. Solicitors fees will vary depending on your property location, type of property and the solicitor themselves. You can expect to be paying anywhere from £900+VAT for a good solicitor on the property you are purchasing.

If you are needing to sell your property first, again the prices for a solicitor can vary for these, but you should be looking at a cost of around £850+VAT for your solicitor to sell your property.

As well as these costs mentioned above, there are addition costs you will need to pay your solicitor for them to carry out searches and bank transactions on your behalf, these are listed in the table below. (Items in brackets are only for people selling their property before their new purchase):

Item Cost
(Land Registry Fee) (£6)
(Bank Transfer Fee for old Mortgage) (£42)
Searches for purchase £210
Land Registry Fee £135
Bank Transfer Fee £42
Stamp Duty Admin Fee £60
Total £495

 Therefore if you have a property to sell and are purchasing a new property, your solicitor fees will be in the region of £2,595.


4. House Survey - £400 upwards

Getting your new home surveyed before you purchase it isn't a must; it is up to you if you wish to do this.

We recommend getting your home surveyed if you are concerned about the condition of your new home, if it is listed or just for piece of mind.

A basic home buyers survey can cost anywhere from £400 upwards. This cost will be higher if you are buying a listed property. A building survey will cost anywhere from £550 upwards and a structural survey from £600 upwards.

We advise contacting a surveying company local to you to get more detailed advice on which survey is the right option for you.


5. Mortgage Fees - £499 upwards

If you are tied into your current mortgage, you should except to pay a mortgage fee before you can get your new mortgage. If your new home doesn't require a larger mortgage, then you may be able to transfer this mortgage and therefore not have to pay the fee. The usual fee for paying off your mortgage early is 2% if you have 2 years remaining and 1% if you have 1 year remaining. 

We advise getting in contact with a mortgage advisor to help you find the best mortgage for you. We can highly recommend a mortgage advisor called Gary Couch from Zing Mortgages.

You can expect to pay a mortgage advisor fee of around £499 for the mortgage advisor to find the best mortgage for you.

There is usually a mortgage arrangement fee for a new mortgage to be taken out with your new lender, which can vary, but the cost is usually around £999. This cost can be built into the new mortgage that our will be taking out and therefore doesn't need to be paid for upfront.


6. Furniture Removal - £420 upwards

Depending on the size of your property and how you would like your removal carried out, the cost can vary greatly.

If you are happy to do all the packing, provide your own boxes and get everything ready for the removal men, costs can be as low as £600 depending on your property size.

A packing bundle of 30 boxes, 30m bubble wrap, packing paper, 1 roll of tape and a marker pen would be around £80. Check out the ones we can recommend here.

If you are going to do the removal yourself, to keep costs low, then you will need to hire a truck for over night to pack up all your belongings and move your furniture and boxes on your moving day. 

Here is a breakdown of the costs if you were to do the removal yourself for a three bedroom home, including the cost of storage, if necessary:

Packing materials £80
2 day truck hire £200
1 month storage facility £140
Total £420

 If, however you would like the removal men to provide the boxes, dismantle larger items and reassemble them on location, then your removal costs will be higher; anywhere from £800 upwards.



The minimum cost you can expect to spend based on a sale price of £200,000 and a purchase price of £305,000 is £10,014:

1 Estate Agent £850
2 Stamp Duty £5,250
3 Solicitor £2,595
4 House Survey £400
5 Mortgage £499
6 Removal £420
Total £10,014


Have you moved recently? Are you planning your next move? Share your experiences with us here.

Also check out our 'Buying a Home Checklist' before you decide to purchase your home.

Happy moving,

Elm & Blue


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