Moving house is notoriously expensive. For some, it can seem like a never-ending sum of money is required in order to move house. Of course, moving house is a costly endeavour. But, there are some fantastic ways that you can move house and save money in the process. After all, being savvy with your cash is imperative.
- Estate Agent Fees
Whether you like it or not, you are going to need to utilise the services of your local estate agent. You are going to need them to negotiate on your behalf. What is more, you need them to find your property. Many people think that they can undergo the process of moving home without an estate agent. For some, this is a successful endeavour. For others, it ends up costing them a lot more than the estate agent would have charged. If you have little knowledge on the property market, you should not attempt to omit the estate agents knowledge.
While you may think that the business of buying and selling houses is easy, it is not. After all, your property is an investment. You wouldn’t treat the stock market in the same way, so don’t do this with your property. Property consultants in Newton Abbot have stated that many believe that they can undergo this process alone.
This is not the case. You can utilise the services of your estate agent, but you can negotiate fees. What is more, you can shop around for a great deal. You can also advertise your property online. In some cases, this is free. Do not ignore good advice. But, be savvy in your approach and use your negotiation skills.
- Mortgage Fees
Mortgage fees can be expensive. Again, the key to cutting costs is to negotiate the best deal with your bank or mortgage provider. What is more, you don’t have to obtain a mortgage via the bank. There is a plethora of independent mortgage providers that charge good rates of interest. A simple comparative search online will help you find the best deals.
Request that you see the rates of interest that are charged on your mortgage arrangement account. These can range from zero to the region of £3,000. You need to think carefully about what you are being charged for and why. But, bear in mind that the lower fee may result in higher interest. Think about the long-term savings as well as the short-term costs.
- Surveys and Reports
Surveys have to be completed before the sale of the property. Due to the nature of surveys, you will need to have this task completed prior to the purchase or sale of the property. Mortgage providers may request a survey to ensure that the asking price is fair. You can find the services of surveyors within the area. The Royal Institute of Chartered Surveyors will help you find registered surveyors in your area. After all, you want a quality service. But, you also want a cost-effective service. What is more, you may be able to combine these reports with your mortgage valuation. Ask your mortgage provider if this is a free, additional service that they provide.