Qualified advisers answering your
Financial Questions
call 0800 092 1245

Homeowners cut out the moving middle man

People moving house are doing it themselves and cutting out the removal men in order to keep costs down, according to new research.Over half (52 per cent) responding to the Lloyds TSB poll said they are planning to move their furniture themselves to save money.The average move costs just under £7,500. Homeowners also forgo luxuries like holidays (61 per cent) and eating out (56 per cent) to help manage moving costs. Consumers trying to make savings are advised to negotiate, recruit friends and family and set a house moving budget. Although 85 per cent of respondents admitted they do not stick to one.Alison Burns, director of network mortgage sales at Lloyds TSB is unsurprised that consumers are becoming thriftier in the current economic climate."Shopping around for good deals and opportunities to earn rewards on your spend is always a good idea but there are some areas where you should not cut corners, such as legal fees and a thorough survey, as this could end up costing you more in the long run," Ms Burns said.As the housing market tightens some homeowners are abandoning moving altogether and considering improving their existing properties.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details