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Costs to improve or move
Wondering whether to make improvements to your home or just move? Costs will be one of the main factors in your decision.
We can help you work out the best option for you.
Home improvement costs
The cost of your home improvements will obviously depend on the scale of your project. If you’re just looking to refresh your home with a lick of paint, it will cost significantly less than major building works.
If you’re getting tradesmen in, always shop around, get recommendations and a few quotes to consider. We have some useful tips on finding the right tradespeople.
Costs you can plan for
The key thing is to make sure you have a plan you can stick to and stay within your budget.
Unexpected costs
Depending on the type or age of your property, there may be essential work that you may need to do.
Adding value to your home
Even if you’re not planning on selling your home anytime soon, there are benefits to adding value to the price of your property.
Before you start the work, weigh up to cost of the work you are doing and the value it will add. Although there’s no guarantee that home improvements will add value to your home, it may still be beneficial in the long run. For example, energy-efficient improvements.
Heat pumps
An energy efficient way of heating your home and reducing your energy bills.
Solar panels
Solar electricity is a clean and renewable energy source, which could help lower your energy bills.
Insulation
Insulation keeps your home warmer in winter, cooler in summer and could reduce your energy bills.
Paying for your home improvements
There are lots of ways to pay for the work but before you do anything, work out what your costs will be and make sure you stay within your budget.
Lending subject to application. Conditions apply.
You could lose your home if you don’t keep up your mortgage repayments
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