If you’ve been paying any attention to the news reports over the last few years, you can’t have failed to notice that the cost of housing has become a major issue.
It goes without saying, of course, that the middle-market tabloids have always had a bit of a preoccupation with house prices – but this seems to have taken on a new intensity more recently. House prices in some parts of the country – specifically London and south-east England – have been resilient in the face of the ongoing economic upheaval of the last few years, but other regions have seen sharp declines. The weakness of house prices in some regions has left many homeowners in negative equity.
This makes it that bit more difficult for them to take the next step on the property ladder, which can be particularly troublesome for growing families in need of more space. However, there is one way of transforming your home whilst significantly boosting its value. Loft conversions have become increasingly popular over the last few years, as more and more families opt to stay put in the face of property market and wider economic weakness. There are many advantages to having a loft converted, and the enduring popularity of loft conversions is testament to this.
For one thing, loft conversions are frequently cited as being among the most popular home improvements among would-be buyers – so if you choose to have your loft converted, the chances are that your home could become a much more attractive proposition when you’re looking to sell it. Of course, you may find that once you’ve had your loft converted, you have all the space you need and you therefore don’t need to move to a larger property. You should, however, think carefully about whether the boost to the value of your home provided by a loft conversion is likely to outweigh the cost of having the work carried out.
You should also think about precisely what you want to use the converted loft space for – you could use it as a study, a bedroom or simply as an additional living space. If you’re tempted by the idea of having loft conversion work carried out and you want to find out more, your best bet is to search online. There you’ll find a whole host of relevant information, as well as pictures of previously-completed loft conversion work to give you a better idea of how your home may look. Loft conversion and garage conversion work is becoming increasingly popular among UK homeowners.