5 Ways to Save Money When Moving Home

Property Sellers
September 22, 2023
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Moving homes can be a daunting endeavour, both emotionally and financially. But, with careful planning and a strategic approach, it's possible to transition to your new abode without breaking the bank. Dive into our comprehensive guide on the top five ways to save money while making that pivotal move.

1. Declutter and Downsize: The Essence of Efficiency

Starting with a clear-out is not just a space-saving endeavour; it’s a money-saving one too.

Sell, Donate, Recycle

Before you begin packing, scrutinise every item. Do you genuinely need it in your new home? Items gathering dust can be sold online on platforms like eBay or Gumtree. Not only does this reduce the volume of things you're moving, but it also provides an opportunity to earn extra cash. Anything unsold can be donated or recycled, decreasing the amount you'll need to transport.

Weight and Volume Matters

Most moving companies charge based on the weight and volume of items. By decluttering, you're cutting down on excess baggage, ensuring you pay only for what truly matters.

2. Time it Right: Harnessing Off-Peak Advantages

The timing of your move can play a significant role in cost-saving.

Avoid Peak Seasons

Summer months, especially between June and August, are peak moving times in the UK. You can secure better deals from moving companies by choosing off-peak times, like autumn or late winter.

Mid-Month and Mid-Week Moves

Most people move at the beginning or end of the month due to lease terminations and new beginnings. Opting for a mid-month, mid-week move can result in significantly lower rates.

3. DIY vs Professional Movers: Striking the Right Balance

Hiring a professional moving company might seem like an added expense. Still, sometimes, it's more cost-effective than a DIY move.

Compare Quotes

Never settle for the first quote. Obtain multiple estimates from various reputable moving companies. Remember to scrutinise the details - sometimes a slightly higher priced service offers value-added features that can save money in the long run.

Partial DIY

Consider packing yourself but hiring professionals for the actual move. This way, you save on labour costs while benefiting from expert movers' efficiency and safety. Alternatively, for smaller items and personal essentials, consider moving these yourself and leaving bulkier items for the professionals.

4. Resourceful Packing: Savings in the Details

The materials you use for packing can become a hidden cost if you're not careful.

Reuse and Recycle

Before splurging on new boxes, scout for used ones. Local businesses, especially supermarkets and bookshops, often have sturdy boxes they want to discard. Remember to use linens, towels, and clothing as padding, negating the need for expensive bubble wrap.

Prioritise and Protect

Instead of wrapping everything in packing paper, focus on genuinely fragile items. For non-breakables, newspapers or old magazines work just as effectively. This approach ensures that while you save money, your items remain undamaged.

5. Utilities and Address Changes: The Final Touch

Failing to manage utilities and address changes efficiently can result in unexpected bills.

Notify in Advance

Alert all utility providers of your move date well in advance to avoid paying for services you aren't using. Similarly, you ensure no additional charges or missed payments by updating your address promptly with institutions like banks or subscription services.

Double-Check Deposits

Many utility companies require deposits when starting a service. Ensure you get these deposits back, or they're carried over if you stay with the same provider.

Moving homes is akin to a strategic game, where every decision can impact your wallet. Whether it's the thorough act of decluttering, the clever timing of your move, the balance between DIY and professionals, the resourcefulness in packing, or the meticulous management of utilities, each step offers an opportunity for significant savings. And remember, the goal isn't just to save money but to transition seamlessly and start your new chapter on a financially sound note.

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