House Extension in city

Do you want to beautify and increase the value of your home? If yes, a refurb and house extension is definitely a great option to consider. Depending on your home extension project, the value that’ll be added to your home’s resale value varies. However, the cost of completing a house extension project can be huge, so you just might want to consider your financing options. Fortunately, there are various options through which your house extension project can be funded with each having its own pros and cons. Your specific circumstances will determine the one that’s going to work best for you, so let’s take a look at some of the best options to help you fund your project.

• Home Remortgaging

The process whereby a mortgage is transferred from one provider to the other is known as remortgaging. This is usually done to generate funds for a project by entering a more lengthy repayment term commitment when switching. If you want to raise your funds in a quick manner, this process works best.

• Savings

This is a good reason to cultivate a good saving habits. If you’ve been able to save up some mega bucks then you’d probably won’t have to borrow money to finance your house extension.

• Unsecured Loans

If you do not buy into the idea of borrowing more against your property, you may just be able to apply for an unsecured loan especially if you have a good credit record. A secured loan makes use of collaterals like a car or house to serve as a cover for the lender, meanwhile an unsecured loan is based mainly on the credit managing history of the borrower.

• Credit Card

There are some great benefits that comes with financing your small or medium scale extension project with your credit card. Not only does it offer some real lifeline if problems arise during the project, but you can also avoid paying excessive interest on the investment by ensuring your deal has a 0% introductory rate.

There are many different types of extension. For example, you could install an orangery, flat or pitched roof extension, over-structure extension, single or double storey extension or a glass box extension. Which one of these is most suitable will depend on your existing property.

A double house extension is basically a construction to any aspect of your house that elevates up to offer two floors of space. It can be structured to suit your existing home in two storeys or as a side wing on a taller property. If you’re considering building a double house extension, then estimating the cost is a very important task to do before commencing the project. In this article, we’ll give you an idea of the cost of a double house extension so you can estimate yours accordingly.

The double house extension cost depends on several factors that’s specific to your home as well as your design choice. These includes:

• Location of your property. Places like London and the southeast will generally cost more than the other regions due to higher demands.

• Accessibility of the site. The ease of your site’s accessibility also plays a key role in the price.

• Size of the extension. The more the extension’s size in footprint and square metres, the higher the possible costs.

• Materials used in making the roof as well as the complexity of the roof design.

• Your choice of finishing. These includes flooring window and door frames, glazing, underfloor heating and roof lights.

• Your property’s soil type. Different types of soil requires varying treatments as well as materials to develop solid foundations.

Constructing a double house extension is a quite simple build in terms of technicality when its to the side or rear of your house as this can also help you save some money. Generally, considerably expanding your home’s space by building a double house extension will cost within the range of £1,500 per m2 to about £2,800 per m2.

If you’re planning on adding a house extension to your property, you’d probably be worried about whether or not your proposed extension would require a planing permission. Well, it may be relieving to know that not every house extension project would require a formal consent, and in fact, several extensions are covered by the permitted development rights. Not only can this save you a considerable amount of time especially at the project’s planning phase, but it’ll also save you money on the application fee. In the UK, single storey extensions to the house’s rear can be 3 metres deep for both semi detached houses and terraces or 8 metres deep for detached homes.

So how do you know when you’d require a planning permission for your home extension? Well, if your extension plan fits these criteria explained below, then your project is most likely going to be allowable as a permitted development.

• Extensions, which includes previous additions, must not go beyond half of the original house’s total surrounding land area.

• The main elevation, or side elevation where it fronts the highway, must not be extended forward.

• For single storeys, the rear additions must not extend more than the original house’s rear by more than 3 metres in both semi attached homes and terraces (4 metres for detached houses).

• Extensions to the side must be a single storey with a height not exceeding 4 metres and not going beyond 50% of the original house’s width.

• Extensions hat within 2 metres of a boundary should have a eaves height not more than 3 metres.

• Multi storey addition must not extend beyond the original house’s rear wall by a maximum of 3 metres or 7 metres of the boundary opposite the rear wall.

• Permitted development rights do not apply in listed buildings or designated areas.