Ways to save money when moving house

Wherever we look right now there seems to be a certain doom and gloom when it comes to the economy and finances. With the cost of living rising, many of us are looking to save money wherever we can in both daily life and more long term, considered purchases. Buying a home is of course a huge investment for most people but it can save you money and even make you a profit in the long term compared to renting. Whether for investment or to house a growing family, buying a home is something many of us aim to achieve and so it is often important to find ways to save some money during the process when moving. Although a large deposit and legal fees may be unavoidable, there are small things you can do along the way to save some much needed cash. Keep reading for our top tips on how to save money when moving house.

Prepare your old home for leaving

So, you’ve parted ways with your life savings to pay for a deposit and can’t wait to move into your own home but the question remains as to how you can save some money for your new life. The logical place to start is with the preparation to leave your old home. Of course, packing up and cleaning out your old place is something that you can’t avoid but it is also an area where you can save some pennies. Start by decluttering your home and getting rid of anything you no longer need or won’t use in your new home. By cutting down on your belongings you can save some time and money when it comes to removal costs. You perhaps won’t need as big a van or to make so many trips back and forth and these small details can save you a lot. You could even consider selling on some pieces of furniture or clothes that you no longer need and use the money to pay for removal costs or treat yourself to a new item for your home. You could also head to your local shops and supermarkets as they often have spare cardboard boxes and this could save you having to buy any new ones for packing.

Explore your removal options

Once you have decluttered and packed up your belongings, the next step will be to start moving everything. Before you dive into this process, make sure to shop around for the best deals. If you need to hire a removal company for things like a van and help moving boxes, take some time to do your research to find the best deal. Prices can vary greatly so don’t be afraid to contact several companies and get many quotes before making a decision. Taking a bit of time out to do this could really help your finances in the long run. If you don’t have too much to move or perhaps aren’t going far, you could brave your move without the help of a removal company. It may take a but longer but if you are on a tight budget this is a good option. Don’t forget to ask friends and family for their help, they will most likely do so gladly as they are probably just as excited as you are to be getting your own place. This will again help to save a lot of money and might even make the moving process more fun and less stressful as you have some personal support with you.

Switch suppliers

You will no doubt be filled with excitement as you arrive in your new home and get settled. There are so many exciting things to do when you first move from exploring the local area to decorating your home just the way you like but there some mundane tasks you should think about getting out of the way first in order to save yourself some money down the line. There is a lot of talk at the moment about rising energy bills so make sure to again shop around for the best deal for you. Remember that you don’t have to stick with the same supplier as the previous owner and take meter readings straight away to avoid paying for their used energy. You could also look at switching things like broadband provider as many companies offer better deals and discounts for new customers.

Tell everyone your new address

Finally, make sure to tell everyone necessary about your change of address. This goes for everything from your bank and employer to HMRC and the electoral roll. This could save you money when moving house as you will not miss any important mail or be caught out by things like unpaid bills and insurance.

If you’re in the process of moving and need advice on your mortgage options, get in contact with the team today.