Tying in with the launch of our new Home Mover Hub, our latest research has revealed that nearly nine out of 10 (86%) Brits have found the moving process stressful, with almost half admitting they didn’t feel in control.
Moving home has also resulted in hefty unexpected financial costs for many recent movers.
More than a third (39%) of people who have moved home in the past couple of years claim they forked out an extra £5,000 on top of what they’d expected, equivalent to a collective £17 billion.
To cover these extra costs nearly two-thirds (63%) had to raid their savings, while one in 10 (11%) turned to their parents for help.
Dan Plant, consumer expert at MoneySuperMarket said: “It’s important to consider all costs involved so you aren’t hit with an unexpected bill at any point – from the mortgage, surveys and stamp duty, to removal hire and any other necessary additions to the new house.”
It’s not just the financial costs you’ll need to think about. Moving home can also cause issues at work.
One in five (20%) recent movers said they weren’t able to focus on their job while moving – hardly surprising when you consider those endless calls chasing up estate agents and solicitors - while almost the same number (19%) said they had to take time off to sort everything out.
Moving home with a partner should be a bonding experience, but it seems it often drives a wedge between couples.
One in 10 (9%) said moving home had a negative impact on their relationship with their partner, while one in five (2%) fought with their partner as result.
And a quarter (24%) found their partner lost their patience more easily, while one in five said they became difficult when handling stress.
Dan Plant said: “There is so much to consider, both before, and after keys are handed over, and as it takes an average of six months just to find a property, it’s understandably stressful and has a knock on effect in all aspects of people’s lives.
“It should be a really exciting time, but unfortunately the most common words people associate with moving are ‘tiring’, ‘draining’ and ‘frustrating.’”
Despite all the stress, remember that it will usually be worth it in the end. More than nine out of 10 of those who’ve recently moved home said it was worth all the aggro, compared to just 8% who said it wasn’t.
Nearly nine out of 10 (86%) home movers have found the moving process stressful, with almost half admitting they didn’t feel in control
Reduce moving stress
There’s no escaping the fact that moving home is stressful, but there are things you can do to make the process a bit easier.
Make a checklist. Write a moving home checklist of all the things you need to do prior to, during and after the move. Include things such as notifying utility suppliers.
Work out your costs. Don’t get caught out by unexpected expenses during the moving process. Use MoneySuperMarket’s Cost of Moving Calculator to help you stay in control.
Write a timeline. Jot down all the dates and times when things need to happen, including when you need to exchange by and how soon afterwards you can complete and move.
Sort removals early. As soon as you know your removal date, book your removal van if you’re doing it yourself, or a removal company if you need help from the professionals. Always get several different quotes before committing to one particular company and make sure your possessions are insured while in transit.
Have a clear out. Moving home is a great opportunity to get rid of any unwanted clutter. Throw away, sell or recycle any unwanted items and you’ll have less to pack and unpack during the move.
Get help and advice. Take a look at MoneySuperMarket’s new Home Mover Hub for loads of useful information on making the moving process easier, from how to go about finding your new home, things to arrange on your moving day, and settling into your new home.
If you’re moving to a different city with a family, you may want to see our best family cities interactive tool revealing key stats by city such as job opportunities and outstanding Ofsted schools in the area.
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