The fact that the East Midlands achieved the top annual property price growth of 4.8%, with average prices of £233,266 according to property portal Rightmove. Sellers need to pitch their properties at the right price, and think about what entices prospective buyers if they want a quick sale.
From Plan to Action
Firstly, have a building inspector examine the property to identify defects and damage. Based upon the advice of an architect or master craftsman, you will be able to determine what can be altered with relatively simple measures and what requires major refurbishment. Doing this helps keep your feet on solid ground from the start, and truly helps with turning dreams into REALITY.
To find experts to conduct the surveys, consult the Royal Institute of Chartered Surveyors.
After preliminary discussions with builders or architects, decide what should be retained and where you want to make changes. Divide the work into essential and optional ones - so you balance out the funding and protect yourself from the feeling that too much is coming at you. Depending on the age and condition of your property, typical areas include:
- Renovation, modification or extension of the construction
- Improvement of heat, sound and / or fire protection
- Exchanging windows and doors
- Facade renovation with thermal insulation
- Modernisation of building services
- Improvement to floors, wall, ceiling and stairs
- Roof extension, conversion or conservatory
You gain more space by rearranging the floor plan, updating a stairwell to a spiral configuration, converting the loft space into a useable room, or having a single/double storey extension added. You will experience greater comfort with implementation of SMART home technology, wider doors, a new bathroom, a more comfortable staircase and improved noise and fire protection.
With modern heating, good thermal insulation and new windows, you save energy and the costs. You will gain more value for your property if you renovate the external buildings materials and secure or increase its load-bearing capacity. To give your home a more stylish appearance, consider adding a fresh coat of paint to the facade, a modern front door, beautiful shutters and a protective canopy extending into the garden to create to create an "outside room".
This was precisely what the owners of a grand late-nineteenth-century house situated in a west London square did, as outlined in a recent article by House & Garden. Firstly, they "enlisted the help of designer and architect Rabih Hage to reconfigure the layout and redecorate the rooms to reflect changes in their needs and aesthetic sensibility"; then to hire local "artisans and craftsmen.. [to] provide the essential touches of magic."
Obtaining Offers of Work
Creating an accurate budget / cost plan allows you to establish what you can afford and where you could cut costs yet still achieve a successful modernised effect. This detailed plan will help with a negotiation with the bank if you are seeking to take out a loan in order to complete the project.
If in doubt, first invest in the building fabric, then in the "luxury" elements. Talk to the professionals about your specific wishes and see if everything can be done the way you want it to be. It's also a good idea to get an estimated construction timeframe from the contractor, and an evaluation as to whether the hoped-for benefits will really pay off, before signing a contract. To guarantee getting a good price for all construction works, it is recommended to have at least three quotes from different, but reputable, trade companies.
Keep a reserve fund for surprises - in addition about ten percent of the construction sum is suggested.
Planning Permission and Building Regulations
Planning Permission will be granted (possibly subject to certain conditions) or refused by your local planning authorities (usually, this is the planning department of your local council). Therefore, if you have any queries about a particular case, the first thing to do is to contact your local planning authority.
It is your responsibility for seeking planning permission. If required, it should be granted before any work begins.
You must apply for planning permission to make major changes to:
- The buildings use
- Its external appearance
- The foundations or other load-bearing structure which affect the property's stability
You may carry out the following work without a building permit, if the load-bearing structure, stability and functional safety of the building are not affected:
- Cosmetic repairs
- Improving heat/sound insulation, and fire protection
Councils often issue a design standard which applies to older buildings in particular that are being modernised. This protects the heritage, style and quality of the local environment, and specifies every detail of permitted external features of the houses, such as roof pitch, shape and size of roof openings, appearance of windows and doors or materials and colours for facade and roofing. Exceptions can be made with a valid justification, but these must be approved before construction begins.
Alexander Jacob Ltd. - Letting and Estate Agents in Retford
Alexander Jacob Ltd. is a professional and independent estate agents specialising in the sale and letting of residential and commercial properties in Retford and the surrounding areas.
We offer sensible and honest advice based on an intimate knowledge of the market. Our aim is to exceed your expectations by providing an exceptionally high level of customer service. Our team of estate agents in Retford understands that buying, renting or selling a property can be a stressful and confusing time and we work hard to make the process as straightforward as possible.