Are renters & buyers locking up their savings in the process of moving home?
Renters need £944 saved to cover a new deposit and spend £525 on moving costs such as rental van fees, childcare and agency fees – their entire savings pot Homebuyers underestimate cost of moving by a third - they need £10,132 saved in addition to their deposit to cover the cost of moving home - but have only budgeted for £6,782 Cost of moving is up 25 per cent for a home buyer and 13 per cent