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Sold Your Property But the New Place Isn’t Ready? Here’s How to Cope

by Greg on February 27, 2017

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Moving home is one of the most stressful things we can do, along with getting divorced and suffering bereavement. Even when the process goes without a hitch, it’s hard not to succumb to stress with the pressures of packing up several years’ worth of belongings and dealing with the paperwork. If this sounds bad, imagine how much more stressful it is when you have sold your home but the new place isn’t ready. For many homeowners, this is a nightmare scenario, but when your buyers are pushing to complete the deal because they want to move in, you may have no choice but to move out. Here is a quick guide to help you cope.

Organise the Removal

Once you have a moving date for leaving your old house, it’s time to get your skates on and organise a removal company. The problem you have is that you don’t have anywhere to go just yet, so look for a company that can provide storage for your belongings.

Unfortunately, removals into storage and then back out again once you have the keys for the new place, are twice as expensive. The company is moving you twice, so naturally they charge twice. However, there may be some room for negotiation if you shop around for a sensible quote.

DIY Removal

If you are short on money or you don’t have a grand piano to move, consider a DIY removal. Organise some friends to help you, hire a van, and empty your home. You can then place your belongings and furniture into storage for the duration. Look for quality storage units close to your home or the new property – whichever is more convenient. Doing it this way means that you have a key and access to your items, which is useful if you accidentally put something into storage and you decide you need it after the event.

A Place to Stay

Once you have the contents of your home organised, it’s time to look for somewhere to stay while you are between homes. Short-term delays are easier to deal with, as you may be able to stay with friends or book a hotel or motel for a week. For longer delays, you need to find another solution, as it is unfair to impose on friends for longer than a week or so.

Look for a hotel or motel offering long-term discounts or consider renting a small apartment for a few weeks. Some landlords may consider short-term rentals if they have empty properties, but be clear about how long you need the property. For long-term stays, for example if you have yet to find anywhere to buy, you will probably need to sign a lease for a minimum of six months.

Being stuck between homes is expensive. Remember to factor in the extra costs attached to renting storage, two lots of removal, and the cost of renting a temporary home. Don’t forget to organise a temporary home for your pets, too.

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