Avoid Paying for Services You Don’t Use When You Move
Avoid Paying for Services You Don’t Use When You Move
Moving home can be exciting, but it also comes with a long list of practical tasks – from packing boxes and updating your address to setting up new utilities. In the middle of all this, many people forget to cancel or transfer services they no longer need, which can lead to unnecessary costs. Here’s a guide to help you avoid paying for subscriptions and services you don’t use when you move.
Start by Making a List
The first step is to get organised. Go through your regular payments – both direct debits and manual payments – and note what’s linked to your current address. Pay special attention to:
- Broadband and TV packages – these are often overlooked when people move, leading to double payments.
- Gas, electricity and water – you’ll need to inform your suppliers of your move so you’re not billed for usage after you’ve left.
- Insurance policies – check whether your home or contents insurance needs updating, or if you’re paying for cover you no longer need.
- Subscriptions and memberships – gym memberships, magazines, and streaming services can quickly add up if you forget to cancel or change them.
Create a list of everything tied to your current home and mark what needs to be cancelled, transferred, or updated.
Notify Utility Providers in Advance
Utility companies usually require notice before you move out – often at least a few working days. This applies to gas, electricity, and water suppliers. If you forget, you could end up paying for the new occupant’s usage until the account is officially transferred.
Take meter readings on your moving day and keep a record, ideally with photos. This will help you prove when your responsibility for the bills ended if there’s ever a dispute.
Transfer or Cancel Broadband and TV
Broadband and TV contracts often have minimum terms, but most providers allow you to transfer your service to your new address. Contact your provider early to arrange the move and avoid paying for two properties at once.
If your new home is outside your provider’s coverage area, you may be able to cancel your contract without penalty. Always ask for written confirmation of any cancellation or transfer.
Review Your Insurance Policies
Moving home often changes your insurance needs. A smaller flat might mean cheaper contents insurance, while a larger house could require additional cover. Contact your insurer to update your details – it could save you money and ensure you’re properly protected.
If you’re moving in with a partner, you might be able to combine policies and get a discount.
Check Your Subscriptions and Memberships
A move is the perfect time to review your subscriptions. Ask yourself what you actually use. Perhaps you’re paying for multiple streaming platforms or a gym membership you rarely use.
Many services allow you to pause or cancel with short notice. Use your move as an opportunity to simplify your spending and start fresh.
Update Your Address and Mail
When you change your address with Royal Mail, you can set up mail redirection to ensure you receive important letters from banks, insurers, and subscription services. This helps you spot any accounts you’ve forgotten to update.
Mail redirection only lasts for a limited period, so make sure to update your address directly with key providers as soon as possible.
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Keep a Checklist for Next Time
Once your move is complete, keep a record of the services you cancelled or transferred. This checklist will make things much easier – and cheaper – the next time you move.
Moving Is Also a Financial Fresh Start
Moving home isn’t just about a new location; it’s also a chance to tidy up your finances. By reviewing your regular payments and cancelling what you don’t use, you can free up money for the things that really matter in your new home. A bit of organisation now can make a noticeable difference to your budget in the months ahead.
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