Housing Specification Blog

No Room at the Inn

December 20, 2012 Alexandra Blakeman Housing Issues

My entire family descend on my grandparents at this time of year. This enables me to make a swift exit when Auntie June has had too much sherry or Mum has upturned the Monopoly board.

Others are not as fortunate as I. As well as the usual family disputes and recycled gifts, the festive period always brings with it lots and lots of people. Friends pop in, family stay over – homes turn into temporary hotels.

Have you got the room to spare inside?

With the government’s proposals to relax planning laws, more and more homeowners are opting to extend their properties.

‘Improve not move’ is the motto of the times. Approximately 200,000 people apply each year for permission to make extensions to their home.

2013 will also see a boost in the self build market, thanks to the £30m fund injected by the government.

Which kinds of improvement add the most value?

Additional bedrooms.

A large proportion of British homes have just three bedrooms, a fourth is actively sought after. Families with older children or elderly relatives usually need the extra room.

Michael Holmes, Spokesperson for The National Homebuilding and Renovating Show said: “Adding an extra bedroom is one of the most effective ways to improve the value to your property. The most cost-effective route is typically to convert the loft, followed by an extension, or converting the garage or even a cellar.

Another route in larger older houses is to rework the existing layout to turn a large room into two smaller bedrooms; you could be looking at an extra 5 to 15 per cent on the value of the property.”

To find out more about The National Homebuilding and Renovating Show click here.

So what if you haven’t got enough room to accommodate guests this Christmas? Surely that’s part of the fun.

That’s all for this year folks. Merry Christmas to all of our readers and contributors. Here’s to a successful and happy 2013.

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