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.
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
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
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."
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