The Moving Home Checklist
If you're planning on moving home, there are a lot of things to consider and organise. From paperwork to packing, it's easy to forget something in the whirlwind of moving. To help make your move a little bit easier, this blog post will provide you with a checklist of things to consider before you make the big move. You'll be able to make sure everything is organised and ready for your big day. So get your pens and paper ready and let's make sure your move goes as smoothly as possible!
Research Your Finances: Assess Your Mortgage Options
When you’re moving home, one of the most important things to consider is your mortgage options. Researching your finances and assessing mortgage options is an important part of the home-moving process, and can help you make the best decisions for your circumstances.
Before you start considering the different mortgage options available, it’s important to assess your financial situation. Knowing your current income, any outstanding debts and your credit score, can help you to understand how much you can realistically afford to borrow. It’s also important to think about your long-term financial goals and make sure that any mortgage you take out fits in with your plans.
Once you’ve assessed your finances, you can then start researching the different mortgage options available. It’s important to look at the different interest rates, fees and conditions associated with each loan. It’s also important to consider whether a variable or fixed rate loan would be best for your circumstances. Variable rate loans are usually more flexible, but they also come with the risk of rising interest rates. Fixed rate loans can offer more security, but will usually come with higher fees and less flexibility.
It’s also important to consider the different mortgage lenders available in the Australian market. Each lender may offer different rates and conditions, so it’s important to compare different options to ensure you’re getting the best deal. It’s also important to think about whether you need a loan pre-approval or if you’d prefer to go for a more flexible no-prepayment option.
Finally, it’s important to think about your long-term plans for the property. If you’re planning to move out of the property within a few years, a shorter-term loan may be more suitable than a longer-term loan. On the other hand, if you’re planning to stay in the property for a longer period of time, a longer-term loan may be more suitable.
By researching your finances and assessing your mortgage options, you can make sure that you’re making the best decisions for your circumstances when it comes to moving home.
Start the Moving Process: Book Removalists and Storage Facilities
When moving home, it’s important to think carefully about the logistics of the move. It’s important to book removalists and storage facilities in advance to ensure that the move is as stress-free as possible.
When booking removalists, it’s important to research the different companies that are available, as well as their pricing structures and services. Removalists should be insured and licensed, and should provide a detailed quote for the work they are going to do. Removalists should also be able to provide a timeline for the move, and should be able to provide the necessary equipment, such as packing materials, and any other materials needed to make the move go smoothly.
Storage facilities should also be researched to ensure that the items being moved are secure and safe. Storage facilities should provide a secure and climate controlled environment to ensure that any items stored are kept in the best condition possible. The storage facility should also provide a timeline for when items can be accessed and removed from the facility.
When researching removalists and storage facilities, it’s important to consider the cost, convenience, and customer service provided. It’s also important to read reviews and ensure that the company meets all legal requirements to operate in Australia.
In summary, when moving home it’s important to book removalists and storage facilities in advance to ensure that the move is as stress-free as possible. Researching the different companies available, as well as their pricing structures and services, is key to ensuring that the move is successful. Finally, reading reviews and ensuring that the company meets all legal requirements to operate in Australia is also essential.
Get the Legalities in Order: Enlist Experts to Help with Documents
When it comes to moving home, it's important to get the legalities in order. To do this, it's important to enlist experts to help with the necessary documents.
For example, it is highly recommended to consult a solicitor or conveyancer to assist with the transfer of the title deed. This is a legal document which outlines who owns the property. They also can help with the preparation of the contract of sale and other related documents.
If you're dealing with a property that has previously been mortgaged, you'll also need to engage a mortgage broker to help you with refinancing your current mortgage. A mortgage broker can help you find the best loan to suit your needs and can provide advice on the loan features and interest rates available.
It is also essential to get the contract of sale reviewed by a solicitor or conveyancer to ensure it contains all the necessary details about the property and the sale. They can also advise you on any legal implications that you may face during the transfer.
Finally, it's important to get a pest and building inspection completed before signing the contract of sale. This will help to identify any issues with the property that may need to be addressed before the sale is completed.
By enlisting experts to help with the legalities of moving home, you can ensure that everything is done correctly and efficiently. This will help to make the process of moving home stress-free and help to ensure that the sale goes smoothly.
Prepare Your New Home: Make Sure to Check Appliances and Utilities
Preparing your new home for your move is a daunting but necessary task. Appliances and utilities are a major part of the preparation process, and it’s important to make sure that everything is in working order before you move in.
First, you should check that all your appliances and utilities are connected and functioning correctly. This includes your refrigerator, stove, washer, dryer, air conditioner, water heater, and any other appliances you may have in the home. If you’re moving into an apartment, you should also check that the elevators and other common amenities are working properly.
You should also check that all your utilities are connected and functioning correctly. This includes electricity, gas, water, and internet. In Australia, you may need to sign up for a new electricity, gas, and internet provider, depending on the area you’re moving into. Be sure to research the local providers and compare the different plans and prices so you can find the best deal.
Finally, if you’re renting your new home, you should make sure that you’re familiar with the terms of your lease. Be sure to read the lease carefully and ask your landlord any questions you may have. You should also make sure that your landlord has provided all the necessary documents, such as a condition report, so that you can understand the condition of the property and any necessary repairs that may be required.
Moving into a new home can be a stressful experience, but it doesn’t have to be. Taking the time to prepare your new home and make sure that all the appliances and utilities are working properly can help to ensure a smooth transition.
Got questions about your home loan? Let's talk
At Ello Lending, we understand the stress and excitement of moving house. We hope that you found this Moving Home Checklist useful in helping you plan your move. It's important to know what to expect and to be prepared for the process. If you have any questions about the process, please don't hesitate to contact us. We'd love to help you out with your move and answer any questions you may have.
