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How to add value to your home
Looking to add value to your home?
Whatever the reason for making home improvements, we could help you get started. See our ideas on how you could add value to your home and find out the most popular things people do to improve their home.
What adds value to a house?
There are lots of different ways you could add value to your home to suit your budget. here are some of the most popular options.
Figures from Towergate Insurance September 2017, you can view full details on their website. These are indicative figures and don't represent financial advice. Always get professional advice and estimates before starting work. The amount of value added to your property will also be affected by other economic factors and changes.
Update your kitchen Update your kitchen
As the heart of the home, the kitchen is often the first place for home renovations.
A complete update can be expensive, so why not focus on some minor, cosmetic updates? Getting new cupboard doors or handles can make a big difference
If you decide on a brand new kitchen, make sure your total spend is in line with the overall value of your home or you'll end up losing money
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Add or renovate a bathroom Add or renovate a bathroom
If you want to add a new bathroom or renovate an existing one, save money by:
Installing the new bathroom near existing water and sewerage pipes
Protecting your investment from mould and mildew by making sure to install extractor fans
Going for classic trends if you want your investment to pay off well into the future
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Convert your garage Turn your garage into an extra living space
Every house could do with some extra space.
An empty garage is the perfect way to free up some more room without bearing the cost of a house extension
You can split your garage into two rooms, especially if it is long and thin
Garage conversions may not require planning permission, which saves you money. But, you still need to comply with building regulations
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Paying for your home renovation project
Depending on the type of work you are looking to do, how much it's likely to cost and how soon you need to do it, you have a few different options. For long term projects, you could look to save up but for more urgent or larger pieces you may consider a loan.
Set a savings goal
If you want to save up the cash to pay for the work on your property, you can set a savings goal linked to your savings account to help you get there.
Borrowing to pay for improvements
Take a look at the options available to you if you're over 18 and thinking about borrowing money to pay for home improvements.
Thinking of a home improvement loan?
Make a house your home with a personal loan between £7,500 and £14,950. Representative 6.6% APR. Other amounts available at alternative rates. Specific eligibility criteria apply.