The housing market has been hit hard by the COVID-19 pandemic, making it difficult to move or sell your home. With mortgages going up and various moving costs to consider such as stamp duty and legal fees, a loft conversion could be a more cost-effective option to get the extra space you need.
Add value to your home
Investing in your home through a loft conversion can pay off in the long term. A study by Nationwide has shown that it can add around 20% to your house value! Whilst this may not benefit you right now, it will definitely be helpful if you decide to move in the future.
Avoid the hassle of moving
It’s not just the costs of moving that can lead people to consider loft conversions, there’s also the stress of finding a new house in the perfect location for you. The great thing about loft conversions is that you get to keep the home you know and love, in a familiar location.
Make working from home easy
If you are working at home due to COVID-19, you won’t have to worry about setting up a workspace in a new environment and can continue to work whilst the loft conversion is taking place. Alternatively, you could install an office or study in your loft, which may help you to keep your work life separate from your home life.
Maximise your living space
A loft conversion will make the most of wasted space in your attic, giving you an extra bedroom, bathroom, study, or even a walk-in wardrobe. There are so many possibilities for your loft space – it’s up to you what you want to do with it! If you’re worried about losing storage space, we can incorporate bespoke storage solutions into your new loft room.
Bring in natural light
Loft conversions can help bring more natural light into your home, through Velux windows in your roof. This will help to make your house feel brighter, airier and more spacious. If you’re stuck at home due to COVID, your new loft room could act as a relaxing space to retreat to and escape the rest of the family!
Moving home during the COVID-19 pandemic comes with a number of risks, costs and challenges, so a loft conversion may be a safer choice in the current situation. However, moving allows you to start afresh and choose a location which works best for you and your family – if this is what you want, then a loft conversion is probably not for you.
On the other hand, if you like the location you live in and want to expand your living space, a loft conversion is a relatively easy, cost-effective option that will benefit you in both the short term and the long term.