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How much does it cost to move house in 2024?

Knowing the entire cost of moving is essential if you’re intending to purchase a property so that you can set aside enough money for it. We go over every expense you’ll have, including removals, mortgage, legal costs, and stamp duty tax, as well as ways to save money.

Moving houses doesn’t come cheap. In 2024, the average cost of purchasing and selling a house in the UK is expected to be £300,000. This means that your expenses will come to £10,500. Depending on your location, the value of your home, and some of your decisions, these expenditures may be greater or lower.

What you’ll pay when you move house

It is a good idea to compile a list of the expenditures involved with moving, regardless of whether this is your first time buying a property or your tenth.

The anticipated cost of moving in 2024 can be broken down as follows, assuming that the buyer and seller are paying average prices for their properties:

Costs of Buying a House Estimate
Stamp duty £2,100
Building Survey £550
Conveyancing £1,050
Mortgage fees £1000
Mortgage valuation fees £150
Homebuyers Protection Insurance £60
Buying Total £4,910

Costs to Move House Explained

When you are purchasing a home or buying and selling at the same time, you should budget for the following typical costs:

1. Stamp duty

2. House survey costs

3. Deposit

4. Mortgage costs

5. Conveyancing solicitor fees