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AIBU?

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How much do you need in savings to move house?

2 replies

Weightlossmum · 06/08/2025 10:53

We are hoping to upsize in the next year or so and should have about £50,000 in equity. I know it depends what our budget is for a new house however how much would you recommend to have in savings before moving?

OP posts:
Hyperion100 · 06/08/2025 10:56

Work out your stamp duty, estate agent fees, moving fees, legal and conveyancing fees, keep a pot behind for emergencies plus 3-6 months living costs incase anyone loses their job.

rubyslippers · 06/08/2025 10:56

Stamp duty - you have to pay this as a buyer and kicks in on properties over £125,099
estate agent fees
removals
conveyancing
incidentals
surveys

That could all add up to £50k plus

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