Whatever your reason for moving is, the expense of moving home these days is diabolical. For those of us that are selling a property before moving, money can become a big issue and can leave many people feeling like they’re unable to afford the move they’re trying to make. Here’s how you can eliminate money worries when you’re moving home.
First and foremost, one of the first things that comes to mind is the money that you will lose out on if you have to take time off work to move your belongings into your new home. Wherever possible, try to think ahead of time and pick up some extra shifts, or even a temporary job to build up some extra cash for the time that you’re moving. This will make sure that you’re able to keep your head above water, and you might make enough to begin investing straight into your new property.
Another common issue that people face is finding the money to put down on a new property while their current home is being sold. Luckily, there are such things as bridging loans. These are typically lent out to homeowners that need some quick, short term cash to get themselves into a new property. Once your home is sold, you can then pay back the bridging loan. Here is everything you need to know about bridging loans to see if this is the right step for you to take.
If you’re lucky enough to have already sold your property, and are now having to think about the costs of moving all of your belongings, then fear not because there are even ways to save on the cost of moving everything. Hiring a large van for the day may prove cheaper than hiring movers to do all of the work for you. Rally a few friends and family members together to help you move things into your new home. If you know someone that would be happy to lend you their van for the day, then you’re in even bigger luck!
If you are unable to drive, or don’t have access to anyone with a van then you may have to go down the route of hiring a removal company. Depending on where you live, and how far you’re moving it you could be looking at a couple of grand to hire movers to do all of the work for you. Get quotes in nice and early so that you can begin saving money to pay for the service. Like in the first point, pick up extra work wherever possible, or sell some unwanted belongings to help pay for the removal company.
Remember to be smart with your spending as it comes up to the day of moving, and don’t make any large purchases before thinking through it all for a few days beforehand. If you’ve got a loved one that’s moving with you, make sure you stick together and are sensible with your money, and you shouldn’t run into any issues.