Moving house can be exciting, but it’s important to be aware of the numerous costs involved that extend beyond just the price of the new property. Helen Ferneyhough Associates can help you plan for these expenses and ensure you’re financially prepared for the big move.

Have you considered what these could be and have you set a budget aside for them? Here are just a few of the most common we’ve identified, but also some of the most important.

Stamp Duty

Stamp Duty is one of the most significant costs involved in purchasing a new home. The amount you pay depends on the price of the property and, in some cases, your status as a first-time buyer or multiple property owner. We can explain the most up-to-date rates and exemptions, so please let us know if you need assistance.

Legal Fees

You’ll need to factor in legal fees for your solicitor or conveyancer, which can vary depending on the complexity of the transaction. These professionals handle the legal aspects of transferring property ownership and remortgaging, making their services essential with any property related transaction. We work with a panel of trusted legal providers, meaning we can help you through this process in the quickest time possible.

Survey and Valuation Fees

Before your mortgage is approved, lenders will usually require a valuation survey to assess the property’s worth. Additionally, you may wish to conduct a more detailed survey to ensure there are no hidden issues with the property, such as structural problems. We always recommend surveys as part of the home buying process, especially when a property was built over 10 years ago.

Removals and Other Costs

Don’t forget the cost of hiring a removals company, as well as any necessary cleaning, repairs, or redecorating for either your new home or the one you’re leaving.

Here’s what our recent client commented in her review of our service in relation to the additional costs of moving home:

“Helen Ferneyhough Associates helped us understand all the additional costs involved in our move and how to budget for them. Their advice was invaluable.” – Recent, homebuyer

Moving home? Let Helen Ferneyhough Associates guide you through every step of the process and help you budget for all the costs involved. Contact Us Today.

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 of the fee will depend upon your circumstances but will range from £195 to £695 and this will be discussed and agreed with you at the earliest opportunity.Bank of England Base Rate Checher