The Cost of Moving? It's £9,580 on Average, Says New Research
Buyers spent £9.7 billion on moving house in 2017 with the average individual move costing £9,580 according to comparison website Compare My Move.
The average takes into account conveyancing, surveying and estate agent fees, stamp duty, removal costs and fixed fees such as an Energy Performance Certificate.
Unsurprisingly London is revealed as the most expensive region to move house, costing an average £28,714; the north east of England was cheapest on £5,058. Average moving costs in Scotland and Wales were £6,032 and £6,246 respectively.
After the effective abolition of stamp duty for first time buyers, announced in the November Budget, first timers across the UK had to pay on average £1,761 in moving costs.
The cheapest area for this group was Scotland, at £1,331. London was by far the most expensive location for FTBs moving with a typical £7,765 expenditure.
