Moving home can be expensive. The various components that make up moving costs can total a princely sum when you consider the various aspects involved such as removals, legal fees, mortgage costs, stamp duty and, of course, estate agency commission.
But did you realise that the estate agency fee is by far the largest slice? Even greater than the stamp duty payable.
Research by ReallyMoving.com this week has analysed 77,000 sale transactions and discovered that the estate agent, the traditional High Street variety at least, takes over 50% of the total.
ReallyMoving.com states that a single move costs £8,264, £20,739 in London. Typical estate agency fees are £4,104, £6,984 in the capital.
With conveyancing costs at £805, £355 on a survey and £60 on an EPC, these additional obligations are mere pocket change in comparison.
Or, if you like, you could sell via eMoov.co.uk and pay a fraction of what you might otherwise pay?
Just a thought….
eMoov.co.uk have a range of selling fee options, the most popular at just £349 plus vat, around a tenth of that charged by High Street estate agents.