At last, the planners are beginning to understand the demand for loft conversions.

I found this on the web and found it interesting,

Its from the Daily Mail

Click here

Vat on Building work including lofts is to expensive and needs to be cut. By doing this millions of home owners will be able to stay where they are and extend their property. The FMB have put a petition together to try and crack down on cowboy builders on all trades to stop the gangsters doing cash deals with customers and then leaving them half way through a job without finishing it at the agreed the price, walking off the job and having no come back on themselves in court as the customer has avoided the VAT….

The FMB our are focused on lowering the 17.5% vat bracket down to just 5% which sounds like a good saving but with the cost of raw materials going up by upto 40% because of the works being done over the far east, building costs in this country are just spiraling out of control.

Get behind the Petition and go to cutthevat.co.uk for more details

‘How much will it cost’ Is a need to know factor when thinking of having a conversion. Loft costs vary from east to west coast, from London to Glasgow no two conversions are likely to be the same.

Ball park figures for lofts vary from £15,000 to £25,000 in the midlands and around £20,000 to £30,000 in the west of the country and some of the greater London areas. In London you could pay anything from £20,000 and £50,000 and sometimes even more.

These costs are only when going with a specialist loft conversion company. They can be drastically reduced by doing some of the work yourself or project manage the individual trades yourself but do keep in mind that this could become very stressful and has been known to end relationships.

check this website out for help when trying to finance your loft conversion…..

This company called Nemo lend between £5,000 to £100,000 for a loft conversion and only charge 8.9% APR.

NemoLoan