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  • This is a dumb question but are people paying these costs from savings? My wife seems adamant that we could fund a move with equity from the sale of our house, but I'm pretty sure that's not how it usually works.

    I've sold once and bought twice, and last time I paid for all costs with savings, though they were small due to no stamp duty or movers, this time we're looking at>10k stamp duty and there's no way I'm moving everything in a van.

    We'll not be maxing out our potential borrowing so I suppose it might be possible with some things, but maybe lenders would look unfavourably on some of it paint for a moving firm.

  • In my experience, the mortgage company cares little about what you are using the mortgage for so long as the LTV is sufficient.

    The stamp duty holiday came in whilst we were buying and we didn't adjust the mortgage and ended up buying a car instead with some of the surplus.

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