How To Plan And Execute Your Home Renovation

Creating an attractive entrance for your property
Creating an attractive entrance for your property
Home renovations are an undeniably exciting prospect, whether you are a new homeowner putting your stamp on a first home, a new family making room for a new member, or a retiree making quality-of-life changes for a better retirement. Thrilling as home renovations can be, though, they first need to be planned and carried out. How should you start such a daunting exercise?

What Renovations to Undertake?

Your first decisions are, of course, which renovations you intend to proceed with. Different renovation projects have different involved costs and processes - which we will discuss shortly - but also give different benefits and results depending on your wants and needs. If you're looking to add financial value to your house before it sells, then you're more likely to want to add space in the form of an extension or loft conversion; if you're renovating for personal comfort, then a new kitchen or updated living room may be more your speed.

Regulations and Administration

Depending on the renovation plans you ultimately go you, you may need to anticipate regulatory or administrative difficulties of varying proportions. Extensions are the biggest possible intervention you can make on a property, and investing in a property survey beforehand can be invaluable to ensuring your build is possible in that regard, let alone wise.

Some housing areas are under Article 4 direction, which means even renovations not usually subject to planning permission approval can require local authority permission This is before even considering the necessity of any renovation works to comply with national building regulations.

Cost Planning

The next hurdle is cost. Most renovation budgets are found in personal savings, but some may use their mortgage as an opportunity to borrow more against their house. Doing so can increase the amount you are able to spend on your works. For over-55s, lifetime mortgage products can be especially useful in this regard. An equity release calculator can show you how much money you could receive from the equity in your home, and hence how much you could increase your budget by.

Contracting

The final piece of the puzzle, then, is to book in the renovation work with a construction company or contracting team. Again, your choices here depend on the scope and form of your project; a simple bathroom refit may require contractors with tiling experience, and a plumber to ensure all piping is fitted to a safe and quality standard; full-scale two-storey extensions, meanwhile, will require several different teams from builders to plasterers and electricians.

In every case, but especially when it comes to matters of construction, electrics or gas piping, you want certified contractors working on your property. This might help you narrow down your options locally, after which you can utilise customer reviews and testimonials to create your shortlist. From here, it is simply a matter of getting quotes from each and choosing the best deal for your budget - after which, work can begin!
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