First Time Buying a New Home? Here Are 3 Unexpected Costs You Might Face

First Time Buying A New Home Here Are 3 Unexpected Costs You Might Face

Moving house can be one of the most exciting times of your life. Whether you’re moving out from your parents to start a new independent chapter of your own, or you and your family are moving to start somewhere else, regardless of whether you’re upsizing or downsizing. However, there’s no denying that the cost of moving house can be expensive.

While the cost of your mortgage or your rent can be expensive, there are other costs involved with the process of buying your new home, and not being aware of these costs can lead to some unexpected expenditures. To help you prepare, today we’re going to explore three of the most unexpected costs you need to be made aware of!

Basic Household Items

When you move into a new house, you’re going to need to kit it out with all the essential items you need to make your household run. This includes everything from soap and toilet paper to plates and cups and washing up liquid and bedsheets, and the list goes on and on.

Of course, all these things add up, and it can come to quite a considerable expense, especially if you’re buying everything from scratch. There are plenty of items you can buy as time goes on and slowly but surely build up everything you need, but for daily essentials, it can pay to get them before moving house or try getting them at an affordable price.

Taxes and Estate Agent Fees

When you’re buying your first house, you don’t just have to pay for the house itself; you also need to pay the fees surrounding the property. This can include property taxes and other forms of tax, but these will depend on which part of the world you live in, and any estate agent fees of costs. If you’re using a mortgage to pay for your property, you’re going to need to pay the fees on this.

The best way to stop this being a problem is to research and add up how much everything is going to cost you and then ensure you have the funds to cover these expenses. Make sure you’re asking your estate agent and doing your own research to make sure no hidden costs surprise you.

Moving Expenses

Moving house can sometimes be as simple as chucking all your belongings into the back of a car and driving off to start the next chapter of your life. Other times, it can be a right pain trying to organize everything, move stuff, especially large furniture, out of your current house, and just making sure you’ve got enough space.

If you’re not organized enough, the cost of hiring vans, making trips backward and forwards, breaking any items along the way because you didn’t pack them properly, and sometimes even hiring out temporary storage space so you can sort through your stuff, everything can get rather expensive.

Instead, you can use a professional moving service, like Matco Movers, who can do everything for you for a set price, so you know that everything is covered and guaranteed and you’re sure to get everything moved with any hidden costs.

Summary

While this is just scratching the surface of what costs could be hidden around the corner when it comes to moving into your first house, bear these things in mind, and you’re sure to give yourself an affordable experience where you can happily focus on what’s important.