Storage issues and how to save money!
I've noticed over the past few weeks that some of our customers who are returning to the UK are reticent to jump in to the UK housing market. One consequence of this is an increase in demand for long term storage for customers' household effects. This Blog is to bring to your attention two important issues about storing your effects and ways to save money:
Negotiate a price that is inclusive of final delivery out of store
1. When a move involves a period of storage, many families and individuals make the same mistake when negotiating the removal contract. Because you might not be certain about where you will eventually live, it might seem to make sense to only pay your mover to take your effects into store and then, at a later date, ask the mover to deliver to your new home.
However, if you have not asked for a quote to include the final delivery it means the mover can charge what he likes, and as he's no longer in competition the price you will pay will be far higher than what you would have paid had you asked for an inclusive price.
Splitting your move between part delivered and part into store
2. Sometimes we are called upon to deliver say half of the total volume moved and to keep the reminder in store. Your mover will request a valuation to ensure his liability is in place for you, or if the firm is a registered FSA broker to calculate the insurance premium. Let's say that the amount to pay is 1.50% of the value, plus monthly extensions while your effects remain in store of 0.30% per 30 days, and let's say that you've declared a value of £50,000.
Now, if you've had us deliver say half of the volume it means that what you have in store with us is no longer worth £50,000, but maybe £25,000. Unless you inform the moving company of the new, reduced value you will continue to pay £75 per month for liability on £50,000 instead of £37 for liability on £25,000. Not much per month, but if like many customers you leave your effects in store for a year of more consider the cumulative effect.
Peter McEwan
Brussels
Capital Worldwide Limited
Web site: http://www.capital-worldwide.com
Email: moving@capital-worldwide.com
Phone: 02 535 7430
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