Best wishes! You’ve located your ideal flat in London, a bustling metropolis full with opportunities. However, there’s one important thing to think about before you pop the bubbly: the hidden costs of moving in London.
Yes, you have budgeted for the rent, the deposit, and possibly even RemovalSquad’s dependable removal service (which, incidentally, guarantees the stress-free and safe arrival of your belongings; for peace of mind when moving electronics, read our guide, Tech on the Move: RemovalSquad Ensures Your Electronics Arrive Safe in London“). But London has a habit of hitting you with unforeseen costs.
At RemovalSquad, we strive to make your relocation as easy and affordable as we can. Thus, we’re disclosing a few of the hidden expenses you can run into when moving to the vibrant—and occasionally pricy—city of London.
Bills and Council Tax
There are many boroughs in London, and each has a different council tax bracket. To calculate your contribution to local services, find out what council tax band applies to your new postcode. Remember to account for utility bills, which can vary based on your supplier and usage of gas, electricity, and water.
Costs of Transportation
Unless your new flat is very next to your favourite haunts or place of employment, you’ll probably need to use London’s public transit system or get a travelcard. For your daily commute, budget for the cost of an Oyster card (a reloadable travel card) and frequent top-ups. If you intend to drive, keep in mind parking permits and other costs associated with some locations’ congestion zones.
Short-Term Housing
The time between moving out of your previous house and getting the keys to your new one may differ. Be ready to pay for any short-term lodging expenses, such as hotel stays or short-term rentals.
Unexpected Charges
Pay attention to small but significant fees. These can include move-in fees for the building, the expense of scheduling a lift (particularly in high-rise buildings), and even disposal fees for large things you no longer require.
Moving-Related Costs
Moving day isn’t the end of the fun! Take into account extra expenses such as assembling furniture, buying new blinds or curtains, and maybe even signing up for a new doctor’s appointment.
To reduce hidden costs, planning is essential.