LONDON, April 21, 2015 /PRNewswire/ --
The Centre for Economic and Business Research (Cebr) and Post
Office Money* recently published some research on the increase
in the cost of moving over the past 10 years.
Reallymoving.com has provided quotes for 1.4 million households
moving over the past 16 years, so have some unique insights into
the cost of moving which differ quite markedly from their
findings.
Conveyancing
They suggest conveyancing costs have risen 37% from £1,039 to
£1,419. While we broadly agree with the increase, our average
conveyancing quote was £512 (including VAT) in 2014, for a single
transaction. For transactions involving a sale and purchase
our average conveyancing quote was £1,179 (including VAT) in
2014.
Difference of £907.00
Surveys
They suggest surveying costs have risen 51% from £402 to
£607. Our average survey quote for a HomeBuyer Report in 2014
was £391, including VAT. Conveyancing prices have been broadly
constant over the past 10 years: a significant reduction in real
terms when adjusted for inflation.
Difference of £216.00
Removals
Similarly they suggest removals costs have risen 21% from £855
to £1,034. Our average removals quote in 2014 was £550,
including VAT. Removals prices have also been largely
unchanged for the past ten years: a 30% drop in real terms.
Difference of £484.00
Comparison between Cebr/POM and reallymoving.com average costs of moving in 2014:
Cebr/POM 2014 reallymoving.com 2014 Difference
Conveyancing GBP 1,419 GBP 512 -72%
Surveys GBP 607 GBP 391 -36%
Removals GBP 1,034 GBP 550 -47%
Rob Houghton, Director
of reallymoving.com commented: "The large difference
between average prices found on reallymoving.com and
those quoted by Cebr & POM suggest either that their data
sample comes from a high priced source, or that there are
significant cost savings to be realised by consumers by shopping
around for quotes for conveyancing, surveys & removals."
* http://corporate.postoffice.co.uk/media#/pressreleases/the-cost-of-moving-home-increases-by-more-than-half-in-the-last-decade-1143583
About reallymoving.com
reallymoving.com was launched in November
1999, and has become the UK's leading provider of free
instant online quotes for home-moving services.
The site provides works with hundreds of providers and generates
instant quotes for a variety of services including domestic
removals, surveys, conveyancing solicitors, Energy Performance
Certificates and Scottish Home Reports and a choice between local
and national service providers.
For more information visit http://www.reallymoving.com