Moving House: What Can Affect Your Ability To Make This Change?

stay organized with a printable moving checklist Middle Class Dad man carrying 3 moving boxes with a checklist and pen

A home is supposed to be a place where you can relax. The outside world is full of things that can affect your quality of life, which is why it is important to create a space where you and your partner can relax and recuperate.

There are some aspects of your home that can encroach on your comfort. Sometimes you don’t like the neighborhood, a job change makes the commute unbearable, or a new arrival in your family requires a larger space. Before you u and move; however, there are some things that you need to be aware of. Read on to find out more.

Family

As a dad, your life revolves around your family. You are a big part of your children’s world, and you often need to find time to spend with your partner. With all of these different people in your life, is moving house the best for everyone?

It would be a different story if you were forced to move because of work, especially if you are the main breadwinner. However, most other situations will require you to discuss the idea of moving house before you put things in place. Remember, relationships are all about compromise and you may have to stick with your old house for a while for the benefit of those in your family.

Availability

Even if your family is on board with a change of scenery, there are still some other hurdles to clear before you decide to move house. One factor that is affecting the general public is the lack of available housing.

There will always be a need for affordable housing; however, the number of new houses being built has fallen in recent years. Add to this the fact that recent events have stopped many people from selling their homes and you will find that there aren’t a lot of homes on the market.

You must find the type of house that you want before you put your own on the market. Selling your house comes with its own costs, and you don’t want to keep paying these if you can’t find a suitable house to move into.

Previous Debt

Buying a house is an investment for you and also the bank that lends you the money. You pay this loan back in the form of a mortgage, and you need to prove that you can reliably meet these payments before they will let you buy a house.

Unfortunately, you will have to repeat this process if you are moving into a larger property. A bigger house is likely to cost more, which means that your mortgage payments are going to increase. One factor that can impact your ability to apply for a new mortgage is credit card debt. In order to move home, you will need to find out how to pay off your credit card debt fast.

The bank may help you with this, or you may need to use the help of a reliable site like Tally when paying off credit card debt. No matter what route you take, make sure that you take care of this debt to prevent yourself from being locked into a lengthy period of mortgage repayments that you can barely afford.

Estate Agents

On the topic of finances, one significant payment that comes with moving house is the estate agent fees. These professionals are required when you are planning to sell your home. They will advertise the property for you, and deal with any house viewings. On the other side, you will have to deal with another agent when viewing properties.

It is important to remember that you are not the only client that an estate agent is dealing with. Getting them to commit time toward your home can prove tricky, and a lengthy sales process can lead to large expenses. This process can become frustrating and prevent you from moving altogether.

A simple and effective way to mitigate these issues is by conducting some research beforehand. Every good estate agent will have some user review online, and you should only find an agent that has the client’s best interests at heart.

Voter Registration

The most bizarre factor that you may encounter when trying to move house is that you must be registered to vote before applying for a new mortgage. Your voter status is used to confirm your proof of address and is the first place that mortgage lenders will look to find out this information.

Voter registration is an odd thing to consider when moving house and failure to register won’t always prevent your moving plans. However, you will have a much better chance of proving your identity as a registered voter.

Conclusion

The world of mortgage lending is a tricky one, so make sure that you follow our advice before you decide to move house. You will be surprised by some of the hoops you need to jump through, so do your research to make the moving process as simple as possible.

 

 

Jeff Campbell