Moving house is one of life’s most exciting milestones, but it’s no secret that it can also be expensive. While most people budget for their deposit, mortgage, or rent, there are several hidden costs that can catch you off guard. Planning ahead and knowing what to expect can help you stay in control and avoid nasty surprises.

Stamp Duty

For many buyers, Stamp Duty Land Tax (SDLT) can be one of the largest additional expenses. The amount depends on the value of the property and whether you’re a first-time buyer, moving up the ladder, or purchasing an additional property. Always check the latest government thresholds to understand how much you’ll need to set aside.

Legal Fees

Conveyancing—the legal side of buying and selling—comes with solicitor or licensed conveyancer fees. These usually cover property searches, Land Registry fees, and bank transfer charges. On average, this can range from a few hundred to over a thousand pounds depending on the complexity of the transaction.

Survey & Valuation Costs

Mortgage lenders often require a valuation survey, and many buyers opt for a more detailed property survey to highlight potential issues. While these reports are invaluable, they can cost anywhere from £250 to over £1,000 depending on the level of detail.

Removal Costs

Whether you hire a professional removals company or rent a van yourself, moving your belongings isn’t free. The cost can vary widely depending on the distance of the move and how much you own. For larger moves, it’s worth getting multiple quotes in advance.

Mortgage Fees

Beyond the monthly repayments, some lenders charge arrangement fees, booking fees, or valuation fees. These can sometimes be added to your mortgage, but it’s worth considering the total cost when comparing deals.

Insurance

Before you exchange contracts, you’ll need buildings insurance in place. On top of that, many people also take out contents’ insurance, life insurance, or mortgage protection. These can quickly add up but are essential safeguards for your new investment.

Renovation & Decorating

Even if your new home looks perfect, most buyers want to make at least a few changes. From painting and furniture to new flooring or kitchen updates, these costs can escalate quickly. Set aside a buffer fund so you can tackle improvements without financial stress.

Budgeting Tips

Plan early – Research all the likely costs before committing to a move.
Get quotes – For removals, surveys, and solicitors, shop around to find the best deal.
Set aside a contingency fund – Aim for at least 5–10% of your property price to cover unexpected expenses.
Ask your agent – A trusted estate agent can guide you through typical costs and help you plan realistically.