Checklists, guides and calculators to help you move house and find the best mortgage deal. Find out the total cost of moving house, and how to find the right area to move to. Explore how to increase the value of your home and sell it quickly for a fair price.
There’s no such thing as a self-employed mortgage. Sole traders, contractors and company directors have access to the same mortgages as normal employees. But lenders will look at your finances more closely.
11 April, 2019
Variable-rate mortgages, as the name suggests, have interest rates that are variable: they can move up or down and usually do so in line with the UK economy and the Bank of England’s base interest rate (currently 0.75%). There are three main types of variable-rate mortgage: standard variable rate (SVR), tracker and discount-rate.
18 March, 2019
Mortgage life insurance covers your mortgage payments should you die before you have paid it off fully, and allows any joint mortgage holders or dependants to remain in the property.
13 February, 2019
Whether you’re buying your first place, remortgaging or moving house, a 90% loan-to-value (LTV) mortgage is a pretty good place to start.
5 February, 2019
Joint mortgages are pretty much the same as regular mortgages except that there can be up to four different names on the deeds instead of one. You can jointly buy a property with a spouse, partner, friend, family member, or even business partner.
4 February, 2019
Remortgaging is the process of getting a new mortgage on your existing property either with your current or a new lender. More often than not, the main reason to remortgage is to save yourself some money, but it’s not the only one.
4 February, 2019
With fixed-rate mortgages, your monthly repayments are guaranteed to stay the same for a set period of time, regardless of changes to the Bank of England interest rate (known as the base rate).
30 January, 2019
With the average highstreet estate agent charging between 1 and 3% of your property price to sell your home, it’s well worth investigating alternative ways to sell your house and save some money.
30 January, 2019
If you’re looking for the security of a fixed-rate mortgage, but you want more flexibility than a five or ten-year fix, a three-year fixed rate mortgage might be right for you.
29 January, 2019
Many mortgages today are portable, meaning they can be moved from your current property to a new home. It’s not always a straightforward process, though: lenders will want to value the new property, you might be charged a fee to port the mortgage over, and you may still have to pass an affordability check.
29 January, 2019
Moving house is a big financial decision. It also impacts your emotional well being and the happiness of both you and your family.
This guide will help you with every step of moving house.
Here are the six main steps of moving house:
First things first: ask yourself, do you really want to move house, or would it be better to stay put and renovate or extend your current home?
If you really want to move house, do some research into how to buy a house and understand the total costs of moving house.
Now that you've decided to move, you need to find a new house and area to live in.
Explore our in-depth guide on searching for a new property to learn more.
Once you've found the perfect home, make an offer.
If it's accepted, collect all of your documents and formally apply for a mortgage.
If you need to sell your house to afford the new place, you'll need to sell it before you can move on to the next step.
After you know your confirmed moving date, you should start preparing for the big day.
There's a big moving house checklist further down this page. Follow it, and your house move should be fairly pain free!
And finally, you have to collect the keys, move all your stuff, unpack, and set up a new home.
Before you move in, it's worth giving your new house a deep clean. And after you move in, you'll need to give your new address to your bank, utility companies, and friends and family.
We have a new house checklist that's worth following, to make sure you don't miss anything important in the first few weeks of moving into a new place.
Moving house can be quite complex, especially if you're moving to a new area.
If you're a first time buyer without children or other dependents, moving house will be relatively easy. You should start this checklist about 1 month before you move house.
If you're selling your current home, or you have children or care for an elderly relative, the process will be more complex. You should start this checklist about 2 months before you move house.
The first step is to try and narrow down exactly when you will be moving house.
If you're buying a house, you can try to arrange a completion date with your mortgage conveyancer.
You will need a moving date so that you can line up everything else: removals, forwarding your mail, utilities, enroling kids into new schools, etc.
Most rental agreements require a notice period of 30 days, but you should check your contract.
Ideally you want to line it up so that you don't pay rent and your mortgage at the same time!
You should book at least a couple of days off either side of moving house.
Moving house is hard, stressful work and there's always more to do than you think.
You really don't want to move house after a long day at the office.
Now is a good time to go through your current possessions and start decluttering. The more you can throw out now, the easier and cheaper it will be to move house!
You should also order some double-walled brown boxes and start packing up things that you don't need for the next few weeks.
If you have school age children, you should now start the process of enroling them into a school near your new home.
Get some quotes from a few removal companies. As a rule of thumb, expect it to cost around £500 for a 2 bed flat or £750 for a 3 bed house. If you want the removal company to pack your stuff up as well, it'll cost a few hundred more.
If you'd rather do it yourself, check how much it costs to rent a van and find some friends and family who can help you!
About 1 month before you move, you should get in touch with your gas, electricity, water, and phone/internet providers.
You should tell them that you're moving house. In some cases you will be able to take the supplier with you to the new house. Most major internet providers - Talktalk, BT, Sky, etc - can transfer your service to the new house.
For any utilities that you don't bring with you, they will send you a final invoice that you need to pay.
Even if everything goes smoothly, you should prepare to be without internet access for a couple of weeks at the new property. If you need internet access, you can turn your phone into a fast wifi hotspot if your new house has 4G coverage.
Contact the council and tell them that you're moving to a new address. You may get a council tax refund, or you may have to cancel your standing order, depending on how you've set it up.
Get your mail redirected to your new home. The Post Office charges a monthly fee for this, so you should ideally get everything moved over to your new address as soon as possible.
Start cancelling any regular deliveries (milk, newspaper) or services (cleaning, gardening).
You do not have to worry about the electoral roll yet. You can register to vote after you move.
If possible, try and ask the current occupier lots of questions about your new house.
Here's a list of questions to ask:
Write down all the answers and keep it somewhere. Or keep it all in a note-taking app on your phone.
Before you start packing up in earnest, put aside everything that you might need for your first few days in your new home.
Make a couple of boxes containing:
It goes without saying, but you should also keep track of your important documents. You don't want your passport, insurance docs or mortgage paperwork to go missing during the move.
The last thing to do before you actually move house: pack everything up.
Put everything in sturdy double walled boxes and clearly label each box. The label should say what's in the box, and which room it's for.
If you want to be super organised, put multiple labels on each box - front, back and top - so you don't have to root around to find the right box.
You might also find it helpful to keep a list of what's in each box. Note taking apps are great for this, as you can quickly search for something and find out which box it is in.
If you use a removals company, they will do all of this for you.
The big day has finally arrived! It's time to actually move out of your current place and into your new home.
Just before you say goodbye to your old home, take one last look around the place and make sure you've left nothing behind. You should also take photos of the electricity and gas meter, just in case your old utility company tries to overcharge you.
If you need to clean your new house, now is the best time to do it, before you unload all your boxes.
Make sure you have all of the keys for your new property, including the garden gate, window locks, etc. Or you may want to change all of the locks, if you're worried about security.
Unpack room by room, starting with the kitchen and then the bedrooms and bathroom. Move furniture into the rooms first, and then the boxes of stuff.
Check that you have running water, electricity and (hopefully) internet access. Though sometimes you have to wait until moving in before you can order a new internet connection.
When it comes to actually moving house, getting a removal company can make the day a lot less stressful.
Getting someone to help with your house removal costs money, of course, but it's not super expensive. Expect it to cost around £500 if you're moving out of a two bed flat or £750 for a three bed semi detached property.
It's cheaper if you do the house move yourself, but you'll need to rent (and collect) a van, and ideally get a few friends to help you with the move.
To get a house removal quote, you'll need the following information:
If you ask the removal company to box things up for you, expect the removal company quote to be significantly more expensive.
The physical act of moving house can be costly. If you hire a removals company to help, they will usually cost between £100 for very small local moves and £1,000 for big moves across the country.
If you want them to help with packing up and disassembling your furniture, the cost of moving home could be around £2,000.
After that, the biggest cost of moving house is any new stuff that you need to buy after you move. If you need a new bed, dining table or a living room set, the cost of moving house can quickly climb into the thousands of pounds.
One alternative is to look to websites like Freecycle and Freegle, where you may be able to pick up used furniture and appliances for free.
On the day you move into a new house, and over the next few days and weeks, there are a number of key things that you must do.
If you're changing utility suppliers, now is a great time to look for a good deal on your energy, TV, and internet.
Edited by: Sebastian Anthony
Did you find this useful?
Last updated: 14 August, 2019
© 2019 Bankrate and its licensors. All rights reserved. Bankrate is a trading name of uSwitch Limited, registered in England and Wales (company number 03612689). uSwitch Limited is authorised and regulated by the Financial Conduct Authority under firm reference number 312850. You can check this on the Financial Services Register by visiting the FCA website: www.fca.org.uk/register. Our registered address is The Cooperage, 5 Copper Row, London, SE1 2LH.
Bankrate services are provided at no cost to you, but we may receive a commission from the companies to which we refer you.