{"id":2088,"date":"2022-11-09T16:58:41","date_gmt":"2022-11-09T15:58:41","guid":{"rendered":"https:\/\/pfadvisors.co.uk\/?p=2088"},"modified":"2024-04-23T12:02:46","modified_gmt":"2024-04-23T10:02:46","slug":"adding-value-to-your-property-2","status":"publish","type":"post","link":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/","title":{"rendered":"Adding value to your property"},"content":{"rendered":"<p><em>In the 1980s, a fast-moving property market prompted<\/em>\u00a0<em>homeowners to move every eight years. Nowadays, research<\/em>\u00a0<em>suggests the average UK homeowner will stay in their property for 21 years.<\/em><\/p>\n<p>High house prices, the replacement of Stamp Duty with increasing rates of Stamp Duty Land Tax (now LBTT in Scotland, LTT in Wales) and the sheer cost, have discouraged many from moving. With more people putting down roots for longer, we\u2019re spending more money on improving our current properties. If you do decide to embark on a project, it makes sense to choose something that is going to add value to your home in case you do decide to move on one day. The projects listed below are likely to add the most value to your property<\/p>\n<p>Type of improvement\u00a0 Potential value added<\/p>\n<p>Cellar conversion\u00a0\u00a0<strong>30%<\/strong><\/p>\n<p>Converting your garage to living space\u00a0\u00a0<strong>15%<\/strong><\/p>\n<p>Kitchen extension\u00a0\u00a0<strong>15%<\/strong><\/p>\n<p>New bedroom via a loft conversion\u00a0\u00a0<strong>15%<\/strong><\/p>\n<p>Adding a conservatory to maximise living space\u00a0<strong>10%<\/strong><\/p>\n<p>Improvements to the front of the house and garden\u00a0<strong>up to 10%<\/strong><\/p>\n<p>New bathroom\u00a0\u00a0<strong>3%\u20135%<\/strong><\/p>\n<p>Open plan kitchen\/living room\u00a0\u00a0<strong>3%\u20135%<\/strong><\/p>\n<p><strong>Before you get going\u2026it may be useful to pause and consider the following<\/strong><\/p>\n<p>\u2013\u00a0<strong>Ensure you\u2019re insured<\/strong>\u00a0for accidental damage and contact your home insurance provider to check you can make your planned changes without invalidating your policy.<\/p>\n<p><strong>\u00a0<\/strong>\u2013\u00a0<strong>Organise your paperwork<\/strong>\u00a0to make sure it\u2019s in order and that you have the correct certification.<\/p>\n<p><strong>\u00a0<\/strong>\u2013\u00a0<strong>Bring in the professionals<\/strong>\u00a0to avoid DIY disasters.<\/p>\n<p>\u2013\u00a0<strong>Avoid personalisation and bright colours<\/strong>\u00a0to widen your home\u2019s appeal and saleability.<\/p>\n<p><strong>\u00a0<\/strong>\u2013\u00a0<strong>Preserve bedroom space<\/strong>\u00a0by losing a bedroom you will reduce the value of your property.<\/p>\n<p><strong>\u00a0<\/strong>\u2013\u00a0<strong>Come to us\u2026<\/strong>if you\u2019re looking to finance your home improvement project by remortgaging or getting a second charge loan, get in touch.<\/p>\n<p>Think carefully before securing other debts against your home.<\/p>\n<p>Your home may be repossessed if you do not keep up repayments on your mortgage.<\/p>\n<p>\ud83d\udea8 Data accurate as of the date of publication \u2013 09.11.2022.<\/p>\n<p>\ud83d\udea8 The above material is for informational purposes only and does not constitute a sales offer or financial advice. Before taking out any insurance, credit agreement or other financial product, you should obtain individual advice on your requirements and the general terms of the contract.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the 1980s, a fast-moving property market prompted\u00a0homeowners to move every eight years. Nowadays, research\u00a0suggests the average UK homeowner will stay in their property for 21 years. High house prices, the replacement of Stamp Duty with increasing rates of Stamp Duty Land Tax (now LBTT in Scotland, LTT in Wales) and the sheer cost, have [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2089,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-2088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Adding value to your property - Prestige Financial Advisers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adding value to your property - Prestige Financial Advisers\" \/>\n<meta property=\"og:description\" content=\"In the 1980s, a fast-moving property market prompted\u00a0homeowners to move every eight years. Nowadays, research\u00a0suggests the average UK homeowner will stay in their property for 21 years. High house prices, the replacement of Stamp Duty with increasing rates of Stamp Duty Land Tax (now LBTT in Scotland, LTT in Wales) and the sheer cost, have [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Prestige Financial Advisers\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-09T15:58:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-23T10:02:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2023\/04\/PFA-blog-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Prestige-FA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Prestige-FA\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Adding value to your property - Prestige Financial Advisers","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/","og_locale":"en_US","og_type":"article","og_title":"Adding value to your property - Prestige Financial Advisers","og_description":"In the 1980s, a fast-moving property market prompted\u00a0homeowners to move every eight years. Nowadays, research\u00a0suggests the average UK homeowner will stay in their property for 21 years. High house prices, the replacement of Stamp Duty with increasing rates of Stamp Duty Land Tax (now LBTT in Scotland, LTT in Wales) and the sheer cost, have [&hellip;]","og_url":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/","og_site_name":"Prestige Financial Advisers","article_published_time":"2022-11-09T15:58:41+00:00","article_modified_time":"2024-04-23T10:02:46+00:00","og_image":[{"width":940,"height":788,"url":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2023\/04\/PFA-blog-2.jpg","type":"image\/jpeg"}],"author":"Prestige-FA","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Prestige-FA","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/#article","isPartOf":{"@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/"},"author":{"name":"Prestige-FA","@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e"},"headline":"Adding value to your property","datePublished":"2022-11-09T15:58:41+00:00","dateModified":"2024-04-23T10:02:46+00:00","mainEntityOfPage":{"@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/"},"wordCount":370,"image":{"@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/#primaryimage"},"thumbnailUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2023\/04\/PFA-blog-2.jpg","articleSection":["Archive - Articles from 12 months ago"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/","url":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/","name":"Adding value to your property - Prestige Financial Advisers","isPartOf":{"@id":"https:\/\/pfadvisors.co.uk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/#primaryimage"},"image":{"@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/#primaryimage"},"thumbnailUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2023\/04\/PFA-blog-2.jpg","datePublished":"2022-11-09T15:58:41+00:00","dateModified":"2024-04-23T10:02:46+00:00","author":{"@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e"},"breadcrumb":{"@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/#primaryimage","url":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2023\/04\/PFA-blog-2.jpg","contentUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2023\/04\/PFA-blog-2.jpg","width":940,"height":788},{"@type":"BreadcrumbList","@id":"https:\/\/pfadvisors.co.uk\/en\/adding-value-to-your-property-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pfadvisors.co.uk\/en\/"},{"@type":"ListItem","position":2,"name":"Archive - Articles from 12 months ago","item":"https:\/\/pfadvisors.co.uk\/en\/kategoria\/archive\/"},{"@type":"ListItem","position":3,"name":"Adding value to your property"}]},{"@type":"WebSite","@id":"https:\/\/pfadvisors.co.uk\/en\/#website","url":"https:\/\/pfadvisors.co.uk\/en\/","name":"Prestige Financial Advisers","description":"Polska firma doradztwa ubezpieczeniowego w UK","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pfadvisors.co.uk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e","name":"Prestige-FA","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","caption":"Prestige-FA"}}]}},"_links":{"self":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/2088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/comments?post=2088"}],"version-history":[{"count":1,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/2088\/revisions"}],"predecessor-version":[{"id":2091,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/2088\/revisions\/2091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/media\/2089"}],"wp:attachment":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/media?parent=2088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/categories?post=2088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/tags?post=2088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}