Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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My mum and I might be moving to another house in the village, depending on the valuation of our house, and whether our offer is accepted.
Mum is wondering how much money she'll 'lose' in the process (stamp duty, van hire etc)
Our house is worth £200-215k, No mortgage, so we'd be buying the new house (smaller, 190k) outright...
Anyone got any ideas?
Sorry for the randomness  
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mav
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Registered: 19th Jun 01
Location: Scotland
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For me
Van hire, luton van 24 hrs = £45
No stamp duty.
Done all moving etc with me and family / friends..
For buying a house and selling I paid the lawyer £800 which was really cheap, can expect to pay more than that I think..
You have survey fees etc too for new house.
Also take into account estate agent fees when selling...
[Edited on 12-01-2007 by mav]
[Edited on 12-01-2007 by mav]
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Colin
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Registered: 4th Apr 02
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Probably about £4/5k or so for the move!!
Stamp duty 1% of the price £1900, fees will be about £2k then from £50 for a van for a day.
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mav
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Registered: 19th Jun 01
Location: Scotland
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£4-£5K, never has it cost me anything near that Colin  I have moved 3 times now....
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John
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Registered: 30th Jun 03
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I would say 4-5k is about right for a house that price.
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mav
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Registered: 19th Jun 01
Location: Scotland
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Are you including the stamp duty etc in that price, if so then aye about right...
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Colin
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Registered: 4th Apr 02
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Stamp duty accounts for half of it, If your just talking legal fees then depends if you can get a buyer for your house without advertising it with an estate agent.
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mav
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Registered: 19th Jun 01
Location: Scotland
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like me
Put a sign in the garden had 4 offers in a week
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Colin
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Registered: 4th Apr 02
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Best way, you know yourself what agents charge!!
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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Had the estate agent round today, for a valuation and a few questions.
He reckons 8k should cover EVERYTHING, van hire, stamp duty, fees, leaving some change.
Our house is going on the market for £215k, so as soon as we get any interest, we'll be putting an offer in for the other house, probably at 180k, not 190.
I'll keep you all posted with progress, if anyone cares
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Colin
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Registered: 4th Apr 02
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Why not stick a sign in the garden for a few weeks??? Could save you some dosh....& you know what your after for the house!!
£8k for a move is alot!!
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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But it wouldn't actually cost us anything, we'd have money to pocket, and a better house...
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
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I would hope 8k covers everything.
Stamp Duty is at 1% up to 250k, so £1900.
Agent fee for your sale if you assume 1% again - although they might want more? £2150 at the highest valuation. I personally think that is loads and would try and get that down.
I would be curious to see where the remaining £4050 is going.
Read this - http://money.guardian.co.uk/movinghouse/story/0,,683445,00.html
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
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And this - http://money.guardian.co.uk/homebuying/movinghome/story/0,,1124919,00.html
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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I think it's 1.5% selling fee, then there's money for a survey of the new house, solicitors fees(?) can't remember what the bloke said now, but it was definitely 1.5%, that's the norm round my way 
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
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The norm according to who? All the estate agents?
Tell them 1% and if they're not happy with that, offer him 2k.
If thats still no good, ask him whether he wants the 1750 now or later.
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John
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Registered: 30th Jun 03
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Yip tell them to gtf with 1.5%, 1% would be a good price.
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mav
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Registered: 19th Jun 01
Location: Scotland
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Rob that seems way to much mate.
I saved 2k advertising myself..
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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He said 8k max, it definitely would be less, maybe I didn't word it well
We've got to get him down again anyway, to take photos and measurements, so I think we'll need to discuss it again
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John
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Registered: 30th Jun 03
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Have you got 3 round?
You get 3 and pick what you think is the best, and the best doesn't just mean the one that says your house is worth most.
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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We've had 2, with another coming on monday.
Both so far have said exactly the same thing.
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John
Member
Registered: 30th Jun 03
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Just a case of picking who you think will be the best then.
Which if they are the same would be the cheapest.
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