If I was to move from my current house to a house worth 150k how much would the move cost roughly ie the solicitors, estate agents, stamp duty, removals etc. Would I be looking at about 3/4k?
Roughly how much does it cost to move?
Dec 18, 2003
3 Replies
Costs naturally vary between areas and agents used, but a rough estimate would be: Solicitors (both for sale and purchase, using fixed fees) 700 Estate agents (usually 1.5-2% of selling price, say 150k) 2500 Stamp duty (1% of 150k; could be nil in some deprived areas) 1500 Survey fee (for a Housebuyer's Report) 500 Incidentals (searches, bank transfer etc) 200 Removals (with a local firm) 1000 Total: around 6,400
Alec
In message , Mr Bean writes
Where do you live now - how much are local estate agency fees. How much will your house sell for.
In my area - South Manchester, assuming you are selling for £100K, trading up to 150K, and moving a few miles:
solicitors £700 Estate Agent £1175 stamp duty £1500 (unless a designated deprived area, or whatever it is called where there is no stamp duty up to £150K, and 1% thereafter
- your solicitor has to claim this for you). Search £100 Land Registry £150? Removals £500 Valuation £200 (more if you want a detailed survey)
£4325 or £2825 if you buy in a Stamp Duty Free area.
Those figures seem fair guesses, but you can save money by doing some things yourself. For example if you have a couple of friends with a van, the removal could cost you a meal out and a few gallons of diesel. Van hire maybe about 70 per day for a vehicle that could empty most houses in a couple of trips.
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