England 08/09/2012- Why loft conversions London by Precision Lofts make financial sense
There is growing demand for loft conversions London by Precision Lofts. More and more people are deciding to stay put rather than move. They are deciding to make better use of their existing space, and loft conversions are a great way of doing just that. This is especially the case in London. Recent research has shown that in most parts of London converting a loft will add more value to a home than the conversion will actually cost. In most parts of London the value added to a property is double that spent on the conversion. In some parts of London, adding another bedroom and an en-suite bathroom in the loft space will add as much as 20% to the value of the property.
Many people are unable to move anyway because they cannot really afford to. The cost of moving in the capital is quite high and now the banks are asking for bigger deposits it is proving impossible for many people to save up enough money.
At the moment the housing market is quite slow, so people can be waiting several months or even years to sell a property. In many cases, they cannot afford to wait so long before they get the extra space they need. For these two groups of people loft conversions also make sense. They allow people to get on with their lives without the hassle of moving.
The combination of all three factors is what is leading to increasing demand for loft conversion in London.
The types of loft conversions Precision Lofts carry out is changing
The level of demand is not the only thing that has changed in the loft conversion London market. People are no longer just having extra bedrooms built in their lofts. Increasingly, they are using their loft space for other purposes. A lot of people use them as space for a home office or a gym. A growing number are using their lofts as playrooms or dens for their children. Kids love having space away from the rest of the family where they can hand out with their friends. Precision Lofts are happy to carry out unusual conversions they believe every customer should get exactly what they want and do not simply carry out generic conversions.
Contact:
Precision Lofts
England, UK
Tel: 0845 319 4820
Email: info@precisionlofts.com
Website: http://www.precisionlofts.com/
