Moving home? 6 top tips to ensure you can move out on the day!
The feeling you get when you’ve finally unpacked all your gear in your new place is hugely exhilarating for most people.
But things can go awry right up to the last minute because many things have to happen in a short space of time. So how can you best ensure that you’ll get to the exhilaration phase?
Here’s a dash of easy tips to help,
- Cut the agreed time between exchange and completion
- Have tenants? Make sure they’ve moved out before exchange of contracts
- Make sure any mortgage offer you have is ‘in date’!
- Make sure you take care of junk and waste
- Cover yourself against potential losses and claims!
- Best practices and tips for moving in/out
1. Cut the agreed time between exchange and completion
Although there are pros and cons to increasing or shortening this time period, it is a simple truth that the more time you allow for the period between exchange and completion, the greater the chance that one of the sides involved might pull out and derail your planned move.
You can actually exchange on complete on the same day, but this can be very extreme in terms of stress on all parties involved and it certainly becomes unfeasible if you’re involved in a long property chain.
2. Have tenants? Make sure they’ve moved out before exchange of contracts
If you’re buying a purely residential home, i.e. you’re not buying a property where having a tenant is part of the deal, you should ensure that the vendor evicts any tenants before exchange of contracts and if you yourself have tenants similarly, you should do so too.
For a residential home, the vendor has to give ‘vacant possession’ on the day of completion, i.e. there cannot be any tenants in the property otherwise they are in breach of contract and thus liable for damage claims.
The vendor must also remove any of their or any previous tenant’s remaining possessions and must leave the property in a reasonable state of repair. Services like What Storage (UK) offer an easy to access tool to find free storage in your are.
3. Make sure any mortgage offer you have is ‘in date’!
This one’s particularly worth considering if you’re buying a new build property and there isn’t an agreed completion date. Normally, with a new build, you have to exchange contracts ‘off plan’ i.e. when your property hasn’t actually been completed or perhaps even built.
Once the developers have completed building the home, you’ll normally be given 10 days to complete and this is where you can find yourself exposed. Your original new build mortgage offer may have run out or you might have expected the building to take longer in which case you might not have organised a valid, current mortgage offer.
It’s normally advisable for your solicitor to stop you exchange if you don’t have a mortgage offer, but you can still end up with a mortgage offer expiring when buying a new build.
You, therefore, need to be fully aware of the period when your mortgage is valid and, if necessary, look to extend this in good time.
4. Make sure you take care of junk and waste
Whether you’re renting or handling your abode to a property buyer, the chance you’re bound to use a certified waste removal company to handle your rubbish.
According to Samuel Riggs, a supervisor at JunkBunk.co.uk for the borough of Ealing, besides office clearance jobs, up to
40% of domestic clients keep sensitive junk, such as old appliances, fridge freezers, ovens, hobs and etc. stocked in a garden shed or the basement until either they run out of space, or when time to move out comes.
5. Cover yourself against potential losses and claims!
As a rule, it’s very rare for a home move not to complete after the exchange of contracts but there are things you can do which are good practice to limit any potential losses. These include:
No Sale No Fee conveyancing guarantee – conveyancing solicitors often offer cover against a planned move failing to complete after an offer has been agreed, but you should carefully inspect any terms and conditions involved.
Conveyancing cost protection insurance – you can’t normally protect yourself against losing your 10% deposit as a buyer if you fail to complete after exchange but you can get insurance to cover things like your legal fees, the cost of any mortgage valuation and the costs of any conveyancing searches.
Estate agent fees – your estate agent might offer terms where you don’t get charged fees if you fail to complete; you should check their individual terms.
6. Best practices and tips for moving in/out
No, you are not superman
If you fancy yourself a superhero you better get some help. It doesn’t matter if it’s a small house move or a huge office relocation, tt might be tempting to build a box fort and hide until your move is over, but why not just rope in some friends to help you? Asking your best friends or family to help you move eases a lot of the stress, and you’re far less likely to worry about things going wrong.
Pack a moving day kit with essentials
Make a specialised kit the day before you move out. Prepare anything you might need throughout the day, such as water, light snacks, chargers, batteries, toiletries and etc.
Labeling is very important
Labeling your boxes properly is the key to spend less time digging in them to find what you are looking for. There are three very helpful ways to mark your moving boxes for easier recognition:
- Color coding system (Example: Red mark for upstairs, Blue mark for downstairs)
- Write the room that it goes in with a big marker
- Write underneath or on top of the box what’s inside
Being as descriptive as you can lessen the stress of the nonsensical digging through the boxes with high heels, sweaters or delicate dresses.