South Wales Echo

MOVING MONEY PIT – THE EXTRAS ADDING £670 TO EVERY MOVE

-

MOVERS spend an average £670 in additional costs every time they move – on top of estate agents’ fees, deposits and legal fees they face when renting or buying – according to MoneySuper­Market.com.

The main ‘extra’ outgoings include buying new household items, such as utensils and bedding, paying for a postal

TRAVEL insurers are now dealing with the equivalent of one new claim every three minutes from UK travellers needing emergency medical treatment while overseas, according to the Associatio­n of British Insurers (ABI).

redirectio­n service, changing service providers and installing new technology, such as wi-fi, the survey suggests.

Over a fifth (22%) have also ended up paying for a ‘man with a van’ to help them move, while 12% have paid for profession­al storage between properties.

MoneySuper­Market consumer affairs spokespers­on Rachel Wait says: “Our data shows that the average person moves five times and although this can be stressful, one way to ease the worry is to make sure your belongings are protected at all times. If you already have existing cover, you can contact your insurer to transfer it to your new address.”

How do I decide what an acceptable offer would be? FIND out how much similar properties in your area have sold for and look at what’s currently on the market. It is important to understand your competitio­n.

The quality of any offer is also important. For example: Have they sold? Can they move quickly? What are their time frames? Consider whether the answers to these questions align with your own moving plans.

Newspapers in English

Newspapers from United Kingdom