How Much Does It Cost To Move in 2019?

Change is good – but change, when it comes to moving, can also be expensive. 

So, how much does it cost to move? The average cost of buying, selling and moving home in 2019 is £8,885.66. This covers moving expenses such as agency fees, removal van, conveyancing, stamp duty among other unexpected expenses. 

The rise in house prices has dropped considerably since the 2016 Brexit referendum and buying is at an all time high in 2019. But it’s still a massive expense. As of June 2019, the average house price in the UK is £230,292. 

How Much Does it Cost To Move


To get a mortgage, you need to have 5% of the total cost of the house. So, for the average UK house price, you would need £11,858 saved to put a deposit down. 

All of this doesn’t even factor in furnishings, storage facilities and ‘the big shop’ you’ll need to do to fill your kitchen with the basics. 

What Moving Expenses Do I Need To Expect?

On top of your mortgage deposit, as mentioned above, there are a variety of additional moving expenses that you’ll have to cover.

Depending on whether you’re buying, selling or both these costs may include: 

  • Stamp Duty – £2,021
  • Property Surveyors – £400
  • Conveyancing – £580
  • Valuation Fee – £227
  • Estate Agents Fees – £3,391
  • EPC – £80
  • Removal Company – £1,192.67
  • Postal Redirection – £44

These costs are based on the UK average and can be wildly different based on location, size of the property, how far you’re moving and other factors. 

So, if you’ve managed to save up for a deposit on a house – that’s amazing! 

But have you considered the other moving expenses that you’re going to need to cover? Do you have a financial buffer incase other costs crop up? 

Can you afford to move house?

House Keys


Using A Peer-To-Peer Loan To Cover Moving Expenses

If you’ve covered the basics and but feel like you need an extra boost to your moving fund, there are alternative finance options you can look into. 

A peer-to-peer loan is a good option if you’ve got a good credit score, but you’re looking for an additional buffer to ease the cost of moving. 

With comparatively low interest rates and no penalties and fees for paying your loan back early, a peer-to-peer Leap loan is a good alternative to having to cover any unexpected expenses with your high-interest credit card or overdraft. 

At a time where you’re already paying a lot, don’t fall into high-interest quick-fixes that will cost you more in the long run.

Use our loan calculator to see how much interest you’d pay overall and how much you’d have to pay back on a monthly basis. 

How To Plan Financially For A Move

If you’ve decided to take out a peer-to-peer loan to help finance your moving expenses, these are things you should consider when budgeting around your move. 

  • Budget! You must budget. Going into the moving process blind will only leave you vulnerable to financial shock and additional debts. 
  • Look at all of the moving expenses you may need to account for and then add a buffer. Consider this the amount you may need to borrow. 
  • Use our loan calculator to see how much you would need to pay overall and pay back monthly. 
  • Factor in the monthly peer-to-peer loan repayments into your post move budget.
  • Work out if you can pay back more than the minimum amount or if you’re likely to get a bonus or a windfall that can allow you to pay it off early – you won’t be charged any fees for doing so. 


Can I Afford To Move House?

Moving house isn’t cheap. It is one of the most stressful life events you can go through. But it’s also incredibly rewarding. 

And sometimes, it’s a necessity. So, look into the options available to you to help ease the financial strain of moving house. 

Remember, when exploring these moving expenses we haven’t factored in furnishings, storage facilities and ‘the big shop’ you’ll need to do to fill your kitchen with the basics. 

You need to budget in the costs for turning your new house into a home. With a good budget, and some savvy forward planning –  you can afford to move. 


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