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

Gloucestershire Echo - - YOUR MONEY -

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 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.”

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