Things to think about when renovating a property
A guest blog from the Right Surveyors
Renovating a property, be it your home or an investment, will require lots of upheaval and not an insignificant cost. Going into such a project unprepared is ill-advised, so we’ve put together a few pointers to look out for.
Full Building Survey
If you’re buying a building to renovate and aren’t already familiar with its particular characteristics, it is always sensible to get the advice of a chartered surveyor in the form of a Full Building Survey.
Problems such as subsidence, rot and damp can be devastating to a property and very expensive if left to get worse.
When asked about the topic, a building surveyor servicing Manchester had this to say:
“If you’re already asking tradesmen to start work on your renovations, you can save a lot of money by having them rectify issues whilst they’re there. A building survey will highlight those issues and explain how to deal with them.”
This is often overlooked but always important in our view.
It might not cross your mind to change the locks of the property once you have moved in, but not doing so could be a massive security breach and could put your property at risk. Always ask yourself. Do you know for sure that no-one else has a copy of your keys?
Being more energy efficient is going to help you, whichever way you choose to use your property.
Lower energy bills can help with the cost of running a home as well as making it more attractive to new owners or tenants. Be sensible with how you go about it, several energy improvements like cavity wall insulation are still free under programmes like the Government’s ECO scheme.
Before you take any action, you should budget accordingly. You don’t want to start doing work and then find out you can’t afford it!
We recommend creating a budget plan using a spreadsheet, with simple sensitivity analysis to show whether you could stretch to cover unforeseen expenditure increases if necessary.
Always get a few quotes before proceeding with a given element of the project, and don’t be afraid to negotiate!
Choosing the right Architect
Getting an architect on-board is a crucial part of any building project, where a new structure is going up or structural alterations are being made. They will be able to understand all the property planning jargon such as your local authority planning rules and regulations, the latest building regulations that you will have to meet and they can make your project worry free.
To ensure that you get the right one for you, check with local builders, surveyors and trades people if they know of a good architect who they have worked with before. Once you’ve found the one, be sure to let them know what your budget is, check what services they will supply and what style and designs you have in-mind for the project.
Whichever way you choose to use your property, you should make a plan and stick to it. After all the hard work is done, make sure you crack open a bottle of champagne and relax!
About the author
The Right Surveyors are an independent group of surveying practices providing building surveys, valuations and property advice to clients across England and Wales. You can find out more using the details below:
Disclaimer – This is a guest blog written by a third party. This blog does not represent the views or opinions of Themack Architects.