Its a huge dilemma people face when they need more space.
The average house in Brentwood, Billericay, Basildon & Wickford at the moment is £409,000.
For argument purposes lets say you were selling your home at £320,000 which would incur fees….
* Selling Agent fee example 1% (£3200) or £600 with good Online Agent such as Urban Homes (personal recommendation following my own experiences)
* Legal fees Sell&Buy £1500
* Moving company £1000
* Stamp Duty of ‘AVERAGE house price as detailed is £10,450
* Legals (as above)
* Mortgage Arrangement fee £1500
Total £17,650
(Note that Stamp Duty fees changed and should be reviewed on your next purchase)
Not forgetting monthly increases in regular expenses such as Home Insurance, Life Insurance, Utility, Council Tax and Mortgage etc.
Even a small redecoration or new bathroom refit and this house move will cost you over £20,000 and its very likely you’ll need more.
House Price averages (July 2017)
£537,800 Brentwood
£499,500 Billericay
£336,200 Wickford
£263,000 Basildon
OR you could stick to what you know in a home and street you already love, using permitted development rights you could extend your home without the need of seeking planning permission.
When you are ready for quotes on your home extension please call 07740 640 723 or email info@TilleyHomeImprovements.com and get all the help you need in getting your project completed as you want it.
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