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Do you want to inject a new lease of life into your home or property, or transform it into a more modern style that better suits your taste? Or perhaps you’re only looking to add more value to your property to enable you sell for a profit in the nearest future. Regardless of your purpose, determining the cost of your home renovation can be incredibly difficult. However, you can still obtain a reasonable budget for the project with proper planning as well as preparation. It’s almost impossible to get an exact figure for any home renovation cost, however, this article aims to give you a good idea of cost range to enable you make informed decisions.

The cost of renovating a house can vary significantly depending on a wide range of factors. Some costs are fixed while others may vary greatly. As a result, if you want to have a more exact figure, you’ll have to call in a professional beforehand to give you an idea of how much they’ll charge. Below are some of the most significant costs you’ll most likely face during property renovation.

✓ Administrative cost. Asides from material and labour, the administrative costs is another important cost you’ll need to factor in. The first thing here is usually insurance, this is because all regular building insurance policies does not cover large scale renovation projects. So if what you’re planning is a huge structural change to your property, then it’s more likely that it won’t be covered by your buildings insurance policy. In this event, you’ll have to take out a specialist renovation insurance.

✓ Planning permission and property renovation. This is another potential cost you’ll have to factor in. Submitting a planning application in the UK usually ranges between £200 to £250.

✓ Adding an extension. Generally, a 4m by 5m extension would cost within the range of £30,000 to £40,000.

Cavity wall insulation is basically the process of installing an insulating material between the two layers of brick making up a cavity wall, either as a retrofit measure or at the time of building. Obviously this is not a choice if you have solid wall, but for those who do possess a cavity wall, it represents an opportunity you may not want to let slide as it is a worthwhile and affordable wall insulation option. Clearly, cavity wall insulation will make your home or property feel warmer, but it also does come with a range of other benefits which is why we’d recommend installing it. In this post, we’re going to look at a number of reasons why having a cavity wall insulation done is a good idea.

• It’s one of the cheapest energy saving measures that’s available. Not only is cavity wall insulation really effective, but it can also deliver great saving. In other words, it possesses a bigger payback compared to other options. When compared to other types of insulation, you can’t install cavity walls insulation by yourself, however it’s not so expensive to have it installed. The cost of the insulation will be determined by a number of factors such as your location, the company hired and more.
• It reduces your energy bills. Cavity wall insulation can save you about £100 to £200 on a yearly basis on heating bills. In other words, this is usually able to pay for itself in as little as two years.
• It reduces your carbon carbon footprint. If your home is heated with gas or electricity like several other homes, producing that energy involves burning fossil fuels which is known to be hazardous for the environment. If the heat generated is now allowed to escape through the walls, that means you’d have to use more to keep up your required temperature. Installation of cavity wall insulation in homes will enable a more efficient usage of the energy which will ultimately cut UK’s carbon usage.

It depends on the size and type of extension. Small porches or flat roof extensions are very reasonably priced. More substantial two storey extensions can be expensive. In general, the price is roughly proportional to the amount of space you add to your home.

How Much Does A Loft Room Cost

In the event whereby you happen to run out of space in your home and extending sideways or moving out isn’t even a considerable option, the next best solution is to look upwards - the loft. The loft can be converted into a room that can used to satisfy varying purposes, be it a storage room, bedroom, home office, spare bathroom and more. There are a number of loft conversion styles you can go for including a room in loft conversion, dormer style conversion, mansard conversion, or a hip-to-gable conversion. Regardless of your choice, each of the types will not only give you new rooms to enjoy but also add value to your home. However, before getting started, it’s crucial to have an idea of the loft conversion cost to help you prepare a budget and begin planning. Here, you’ll discover the most likely loft room cost for each conversion style you opt for.

• Room In Loft Conversion

This is only suitable for some specific home, but it’s however the most affordable option of the lots. This loft conversion style will cost within the range of £15,000 to £20,000 (prices can be higher in regions where tradesmen are higher in demand such as London and the south east).

• Dormer Loft Conversion

These are relatively simple and straightforward to include in your home. The cost ranges between £31,000 to £58,000 depending on the conversion’s size and other factors.

• Hip To Gable Loft Conversion

This style of loft conversion is more complex than the aforementioned ones, hence they’re usually more costly to complete. The price ranges between £42,000 to £65,000.

• Mansard Loft Conversion

This style of loft conversion is the most complex of the lot and includes a complete overhaul of your loft. The price ranges between £45,000 to £70,000.

• Bungalow Loft Conversion

Any of the main styles above can be done to a bungalow if the planning requirements are fully complied with and if the property is suitable. The price ranges between £30,000 to £70,000.

Windows or lightwells can be a great way to introduce natural light into your basement, making it a more valuable, enjoyable space. However, they’re not always an essential requirement.

It’s important for your basement conversion to meet ventilation and fire safety building regulations. Windows can be a good way to do this, but they’re not the only option. Stack or mechanical ventilation, or ensuring that stairs up from your basement connect to an exit can be a good alternative.

So, while windows can be a great asset to your basement conversion, if you can’t afford them or they’re not structurally feasible, you can still create a basement conversion without them.

The main reason that people use cladding or rendering on their property is the aesthetic benefit. These materials can really boost the appearance of a home. Cladding and rendering can also increase the thermal performance of a property. Speak to a specialist to find out whether your property will benefit.

For 2 metre solid fences it’s recommended to use concrete posts to support each panel. For smaller 1 metre fences or for picket fences with gaps between each timber piece you can use timber posts. A fencing contractor will be able to advise you on the best materials from the length and requirements of a new fence.

It can be very hurtful when you’re looking to get a house and then identifies one that’s almost perfect, but that one thing that’s lacking is significant enough to prevent you from making an offer. For instance, you may like neighbourhood, the lot’s size, the number of bedroom and lots more. However, the only thing that’s holding you from making an offer is the outdated kitchen. This is the point where you wonder whether a mortgage can include the cost of renovation. In this article, we’re going to give you a good insight into this and more. Let’s have a look!

One of the major things your lender will put into consideration when you apply for a mortgage is the price of the property in question. For instance, so you’ve found your “almost perfect home for let’s say £400,000 and the cost of your intended renovation work runs up to about £150,000. In this event, you’re definitely going to find lenders who wouldn’t be too keen to let go of their cash. And that’s mainly due to the fact that lenders are only able to afford you, at best, 95 percent of the purchasing price. In other words, if you really want the house, you’ll have to finance it yourself no matter how much potential you think the house possesses.

This, however, does not mean that you can’t find some mortgage lenders who’ll allow for building costs. They exist, but this will mostly take place when the work is complete and the property is revalued. You may also be lucky enough to get a purchase plus improvements mortgage which allows you to renovate now and pay off the renovations over time at a better interest rate than other loan types.