Planing A Roof Conversion Instead Of Moving Residence

If you are considering turning that wasted space in your loft into an extra living area with a loft conversion then I hope that this article will go some way in giving you some important facts that you will need to make your project a success. It aims to provide a certain amount of information suitable for everyone, it doesn’t matter if you are planning to employ a professional builder or undertake the work yourself certain procedures need to be adhered to.

With the financial uncertainty that affects us all in these days of recession, the alternative to moving house is to seriously consider building a loft conversion to give you that much needed extra space. Maybe you have a growing family and need an extra bedroom or playroom; maybe you are starting a business and need an office, or how about a spare room for visitors? There are endless reasons why you might need extra space in your home, so why not put your attic to better use by converting it into a habitable room that will add value to your home.

It’s expensive to move home

Moving home is both expensive and stressful. Costs include estate agent fees, stamp duty, solicitor’s fees and removal fees. You have the stress and worry that goes with moving home, such as moving children to another school, worries about finding a buyer for your home, long chains and securing a new mortgage.

An unnecessary strain on the family

As we all know moving house can put an immense strain on any relationship so why not eliminate that possibility by considering parts of your present accommodation that can be improved. Obviously the anxiety is still there but it is greatly dissipated. building a loft conversion can be the ideal solution as you are in total control from the beginning of the build to the finished product. Moving to a new house does not necessarily mean that everything in that house would be to your taste so improvements would have to be made anyway, so why not save yourself all that upheaval and work within the parameters that you have.

Cost effective solution

Building a loft conversion is a cost effective and less stressful alternative to moving house. With the recent falls in property prices an ever-increasing number of people are now deciding that it’s better to improve rather than move. Making use of the otherwise wasted space in your loft is a great solution to your accommodation needs.

Legal requirements

Always remember that when building a loft conversion building regulations must be adhered to and may in some circumstances require planning permission. It is always in your best interest to inform your current insurer that an extra room has been added to your house as this may affect your premium and the cover provided.

Whilst most people understand the need to update their insurance following a conversion, the situation regarding your council tax banding is less well understood. The good news is that adding an extra room to your house will not affect your banding until there is a change in your circumstances, for the majority of homeowners this means when the house is sold.

Fetch useful advice about remortgages – please make sure to go through this publication. The times have come when proper information is really only one click of your mouse, use this opportunity.

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Posted by on November 6, 2010. Filed under HUD Homes. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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