Few people go into the housing market expecting an easy, cheap, and stress-free experience. But even if you’re wary of what you’re getting into, it’s possible to run into problems along the way. Avoiding them is often a matter of learning from the mistakes made by others. What do movers regret most frequently, and which problems cause the biggest problems?
Let’s take a look at a few common mistakes.
*Disclosure – this is a collaborative post
Budget Blunders: The Costs That Creep Up
First, we should establish that moving house can be very expensive. Conveyancers, surveyors, mortgage advisers, estate agents, moving companies: they all charge for their services. Then there’s the cost of things like Stamp Duty Land Tax, and the fact that you might not always get the best possible deal, whether you’re a buyer or a seller.
It’s worth devising a budget for your move. Make sure that you account for every cost, so that you aren’t blindsided along the way. Then set aside a further ten percent so that you can absorb unexpected delays.
When the Location Isn’t Quite Right
If you want to be happy with your move in the long run, you’ll need to ensure that you’re moving into an area that fits your current needs – and your future needs, too. Are there good schools in the vicinity? Are there parks? Will you be able to easily commute to your place of work? Remember, the location of the building is largely unchangeable. Make sure that you get it right to begin with.
Surprises Hidden Behind the Walls
Many homeowners move in and start renovations, only to discover that the gas pipes are leaking, and the electrical systems are dangerously outdated. Structural problems, like persistent damp, can also set back your plans for renovation. This is where new-build homes, which are up-to-date by definition, are excellent.
These things can be dealt with, but only at a cost. Make sure that you’re aware of these costs when you come to negotiate the price.
The Timing Trap: Moving at the Wrong Moment
If you don’t time your transaction properly, then you could end up making yourself homeless. Or, you could face a long wait to actually move into your new home. Getting the timing right is often a matter of appointing the right solicitor. You might also want to avoid moving at certain times of year. Peak season for movers is summer; you might be able to move more cheaply if you’re prepared to do it during winter.
Commuting and Connectivity: Check Before You Commit
We’ve already mentioned the importance of your commute. Make sure that you have a reliable bus or train service – or, if you’re driving, make sure that local roads aren’t a pain to navigate during rush hour. For home workers, the strength of the local internet might be critical. You can do an online check to see whether fibre-optic infrastructure is in place at the house you’re considering.
Storage Space Regrets
One thing that many homeowners fail to consider is the amount of storage space they have available. If you don’t want to face a constant battle against clutter, you’ll look for built-in wardrobes and cupboards, and a generously proportioned loft space.
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