The housing market has undergone a huge turnaround in 2013, with properly prices rising on average 7%, according to a survey carried out by Halifax and published in the Telegraph Newspaper.
Now is the time to extend or convert your property as we are still experiencing huge desire in the construction industry, resulting in homeowners getting a ‘best price’ from the builders as this industry has not fully recovered from the recession as yet.
This is a win-win situation for a homeowner as they save money on the build costs, yet gain the increase in value added to the property.
This won’t last for long, as the construction industry will eventually fully recover from the recession and the cost of building will start to rise as the demand increases.
Also remember, it takes up to 12-weeks for the council to approve your planning permission, so always be thinking ahead.