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Five Reasons Why Having a Loft Conversion Is A Sensible Financial Option by Ian Spencer
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Five Reasons Why Having a Loft Conversion Is A Sensible Financial Option by IAN SPENCER
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Article Posted: 06/19/2012 |
Article Views: 48 |
Articles Written: 531 - MORE ARTICLES FROM THIS AUTHOR |
Word Count: 533 |
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Five Reasons Why Having a Loft Conversion Is A Sensible Financial Option |
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Home Improvement
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For many people living in the UK, having a family is something that most couples will want to consider at some point during their time together. With space at an all-time premium and many houses now limited by space, beginning a family can often put massive strains on the household when it comes to having enough room to store everything for your new arrival. In an ideal world, when you begin a family most people would like to upsize and move into a new house, but with the economy struggling when it comes to growth, just moving to a new house is often not a financial option for the majority of people. Below, we look at five reasons why having a Loft conversion can actually save you money in the long run. Reason One – Loft conversions actually add monetary value to your home, which means that the amount you spend on having the loft conversion will actually reward you at a far greater level when it comes to selling the property later. For example, if you were to spend £10,000 on a loft conversion but actually turned your house from a 2 bed into a 3 bed, the value of the property is obviously going to rise, making you money over a period of years. Reason Two – When it comes to moving home, there are many costs involved that are not just about the actual property price you pay. For example, you have to pay removal men, solicitor’s fees, relocation fees and many other expenses that you probably do not take into consideration when moving home. Therefore, after taking into account the initial expense of a Loft conversion, you can actually end up saving money than when compared to moving home or property in the long run. Reason Three – When or if you run out of room, you might look at options life self storage so that you can keep all of your possessions and not throw them away or sell them but do not have to have them in the house. Although this can be a fantastic short term solution, when it comes to long term, it can actually work out to be very costly and therefore not very cost effective. Reason Four – When your children have grown up and left your home, you can then look at the possibility of renting the room out, which is very popular and common in big cities across the UK. You can actually make some good money by just renting one room out, so this could actually make you a decent income in years to come. Reason Five – Adding extra storage into your home gives you more space, as this is generally the overall aim of actually going through the process and paying for an extension. Therefore, if you have the skill and the knowledge, you can consider investing in things like clocks or other items and actually have somewhere to store them properly, which can offer a viable financial increase in years to come. Loft conversion Basingstoke, successfully carrying out loft conversions Farnborough and attic conversions in Basingstoke, Andover, Fleet, Farnborough and other areas of Hampshire.
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Loft Conversion, Loft Conversions, Fleet, Basingstoke, Andover, Hampshire,
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