Loft conversions are a fantastic way to add space and value to a home. They can be used for bedrooms, play rooms, entertainment rooms or as office space and transform small houses in to family homes. They are cost effective versus conservatories for added space and many buyers have come to expect loft space as part of a sale nowadays. Also they can be good spaces to have as a means to create and add privacy to the property as they are to some degree.
Cobwebs: For one reason or the other we do not spot cobwebs in our houses, but have a glimpse at your ceiling and there are chances of finding some. So get them cleared because they will make your home appear uninviting and wearier. They can put off buyers for sure!
If you are looking at the benefit of loft conversion Bolton Lancashire, you will find that there are many people like you who would want to get this done. Therefore the number of professionals too is rather high. There are several things you have to think of before you go in to convert your loft. The first is what you plan to use the space for? Based on this you will be able to budget for the entire thing. One of the main advantages of loft conversion Chelmsford is that it adds almost 20 per cent to the value of your home. This is based on studies that have been conducted on the same. However, when you budget, you have to make sure that your costs do not exceed this 20 per cent that you are bound to get.
Another way to increase your own equity is to take out a mortgage contract where the policy allows you to pay off a lump sum once a year. This knocks down your interest charges considerably, or you can just leave your payments the way they are and finish paying off your mortgage before the due date.
This type of Loft Conversions are a bit more complicated. It also requires a great deal more skill. If you have a hip roof, you convert one end to a gabled roof. A hip roof slopes on all sides. A gabled roof only slopes from front to back. A conversion like this can create a nice living space, where there was none before.
Does the planned conversion intend the room to become a bedroom? What size of bed will you be able to fit in the space you have? How about head height – do you have enough room and will it be comfortable to get in and out of bed?
Try to buy the very best windows you can afford. Velux-type windows with a minimum of double glazing generally work very well. They need to have a tight seal and to be very carefully fitted. If you are having a high number of windows, the room will be colder, so triple glazing may be a good idea. Also bear in mind that you may only have blinds on these types of window and this offers very little additional cold protection unlike drapes or heavy curtains.
So, equity can be increased by simply having paid into your mortgage for several years, by doing home renovations and especially improvements like adding a room, by paying off a lump sum every year and by rises in the real estate market in your area.