As an experts with over 40 years of experience in loft conversions and loft extensions, we have seen firsthand the many financial gains and benefits that they can offer homeowners in London.
Extend up to increase your property value
One of the most significant financial benefits of a loft conversion is that it can significantly increase the value of your home. According to a study by the Nationwide Building Society, a loft conversion can add up to 20% to the value of a property in London.
Reduce your energy bills
Loft conversions can also help to reduce your energy bills. This is because they can provide additional space for insulation, which can help to keep your home warmer in the winter and cooler in the summer. Additionally, loft conversions can provide additional space for solar panels, which can generate electricity for your home. According to the Energy Saving Trust, a loft conversion can save you an average of £270 per year on your energy bills.
Save money on moving costs
If you’re considering moving to a larger home in London, a loft conversion can be a more cost-effective option. Moving costs can be significant, especially in London. A loft conversion can allow you to add extra space to your existing home without having to move, which can save you a lot of money. A study by MyBuilder found that the average cost of moving home in London is £12,000, while the average cost of a loft conversion is £40,000.
Create a more versatile home
A loft conversion can also make your home more versatile. You can use the extra space to create a new bedroom, bathroom, playroom, home office, or even a second living room. This can make your home more functional and enjoyable for you and your family.
Other financial gains and benefits
In addition to the financial gains listed above, loft conversions can also offer a number of other benefits, such as:
• Increased natural light
• Improved views
• A unique living space
• A more efficient home
• A more enjoyable home
Contact Custom Loft for a FREE No Obligation Consultation In London
We hope you found this article on. “Loft Conversions and Financial Gains – How to Boost Your Home’s Value in London” of interest and if you’re considering a loft conversion in London, contact Custom Loft today for a free consultation. We’re a team of experts with over 40 years of experience in loft conversions and loft extensions. We’ll be happy to discuss your requirements and help you to create the perfect loft conversion for your home.