Eight important admin jobs for homebuyers
With all the excitement of buying a new home, it’s easy to forget about the small yet important jobs that need to be done.
To help, we’ve pulled together this checklist of eight essential jobs to do for those preparing to buy their first home and as a good reminder to those who are moving up the ladder.
1. Banks
With paperless statements and online banking, informing the bank of a change of address is often forgotten! This can be very risky, as important documents could fall into the wrong hands. Also, don’t forget about credit cards or store cards either!
2. Electoral Roll
As soon as your contracts are exchanged, contact your local council to register on the electoral roll. This can take anywhere between one to three months to show on your credit report but is an essential requisite when applying for any credit.
3. Council Tax
It’s important to settle your account and update the council on your new address as soon as possible.
4. Healthcare
If you’re moving into a new area, then your local doctor or dentist could have a long waiting list – so don’t leave this until the last minute! If you don’t need to change, then just be certain to inform them of your new address. If you have pets, don't forget to register them with a vet and get your address updated on their microchip.
5. Work and education
You'll also need to notify your place of work, as certain information such as pensions and benefits may be registered to your previous address. If you have a child in education, then make sure the school or nursery have your new address in case of emergency.
6. Post Office
Organising for your post to be redirected will save you any hassle and avoid sensitive mail being sent to the wrong address. This will also give you more time to ensure you’ve updated every account or subscription.
7. Insurance
If you were previously renting your landlord will have arranged your buildings insurance for you. As a homeowner, it’s now up to you to arrange it for your new home. You should also ensure your contents insurance covers your belongings in transit, as the removal van may only have limited cover.
8. Utilities
Take a reading of the gas, electric and water meters in your old home on the day you leave and give those readings to the utility companies. You’ll also have to give notice to your telephone and broadband service provider, although it may be worth checking if you can move these services over to your new address. Plan installation of the internet in your new home well in advance, as the lead in time for this is often several weeks.
