How to move out of your parents’ home without the stress

3rd September 2019

woman smiling at list

Still living at home? Don’t worry, you’re in a pretty big club. Even more so if you’re a man.

In 2017, 37% of men aged 18 to 34 lived with their parents. That’s compared with 26% of women in the same age group, according to the Office for National Statistics. (1)

Eventually, though, the time will come for you to fly the nest.

It's natural to feel a little nervous during the excitement of it all, so here's a checklist to help you set out on your new adventure with confidence.

Do your sums to avoid future problems

Wanting more independence is all well and good, but the first thing to do is make sure that you can afford to move out.

Here are just some things to consider:

  • a deposit, whether you rent or buy

  • monthly rent or mortgage payments

  • bills (heating, electricity, water, council tax etc)

  • debts

  • living expenses (food, clothes, travel)

  • insurance

As you can see, there are a lot of costs to factor in.

And it’s vital that you do pay your rent or mortgage. If you don’t, it may well affect your credit score, which could affect how much you can borrow in the future.

So write a detailed and realistic budget. First note how much you earn after deductions such as tax and pension contributions, then go through your bank statements to see where it’s all going.

Work out how much you need to move out and make a plan to cut back your spending so you can cover all the costs.

Find somewhere to live

Once you’re certain you can afford to move out, you can now breath a sigh of relief and enjoy finding somewhere to live.

Whether you’re planning to rent or buy, you’ll find plenty of choice on websites such as Zoopla and Rightmove. You can also find rooms to rent, flatshares and flatmates online.

It’s also worth ringing round estate agents as they may well have places they haven’t put online yet.

Bring a friend or relative with you on viewings to give you a second opinion.

And if you start stressing that you can’t find somewhere to live, remember that, like most things in life, you’re going to have to compromise on something! So draw up a list of your priorities and make a decision.

Prepare for moving day

If you've been living at home for a while, you've probably accumulated a lot over that time! So be sure to pick up enough boxes to pack everything up.

You can buy packing boxes online, or ask local shop keepers if they’ve got any used ones they’re planning to throw out.

Supermarkets and off licences are a good source. They might ask you to come back on a specific day, so don’t leave it to the last minute.

Professional movers can also give you boxes.

If you’re not using professional movers, you might need to hire a van. And if you don’t fancy doing the driving, you could always hire a ‘man with a van’.

Be sure that everything will fit in!

You’ll also have to redirect your mail before moving day. You can do this online with the Post Office or in your local branch. Change your address with all your shopping accounts too – such as Amazon and ASOS.

And remember…

You know that budget you made? Bring it with you and stick to it.

If you’re renting and hope to buy a home in the future, work out how much you can start saving for a deposit.

Otherwise… good luck! Moving out is an exciting milestone, so enjoy it as best as you can.

Sources:

1. Office For National Statistics

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