Lift manufacturer Stiltz has said that it can help dealers to save their customers thousands of pounds on moving costs by installing a home lift instead.
The firm claims many homeowners looking to downsize, because of a mobility issue or desire to ‘future-proof’ their home, will be able to save more than £5,000 if they make the simple home adaptation in order to remain in the family home.
Stiltz Lifts established the average house price for a detached property in the UK as being £325,000 according to data from the Land Registry. The West-Midlands-based firm then took research from Compare The Market who put the total average cost to move house at £18,250.
The price comparison site based this figure on £8,000 for estate agent fees (based on 2.5% of the sale value), £1,500 for the average fees paid to solicitors and conveyancers, £6,250 on stamp duty (based on 3% of the sale value), £500 for the average fees paid to property surveyors and £2,000 for the average fees paid to removal companies.
Mike Lord, chairman of Stiltz Lifts, believes dealers can capitalise on this data by providing end-users with the type of in-home mobility solution offered by Stiltz. The entry-level £12,950 Stiltz Home Lift ensures a customer can stay in the home and save them £5,300 on moving costs.
Lord said: “We’re sure that many dealers and their customers will be amazed to discover that homeowners could remain in their family home for less than £13,000 and make a saving of more than £5,000 on moving costs by installing a Stiltz Home Lift.
“The figures show that dealers can offer a solution such as ours to their customers which means they do not have to sell the family home just because the stairs have become restrictive. Why should they move house and incur all the expense, stress and hassle when they don’t need to?
“The dealer can offer the end user complete access to every part of their home, while letting them take back the control to decide where they would like to live in their retirement.”