Renovating a House: The Ultimate Guide

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Remember that most structural problems have a solution. While these may indicate that you need to increase your budget, identifying them early on will allow you to better plan for this. You should also consider how structural issues, such as subsidence, may affect your insurance options and eventual resale value.

Aim to identify any structural issues with the property as early in the project as possible — they are not only dangerous, but they may cause additional damage. Subsidence, underpinning, or piling work to existing foundations can be especially problematic. Steel ties may be required if lateral spread has occurred in the walls and roof. In some cases, steel props, beams, or scaffolds can be used to prevent further collapse.

A measured building survey will provide you with a precise scale drawing of the existing building’s layout. These are frequently required when submitting a planning permission application for something like an extension. Consider a drainage survey, which provides peace of mind about a property’s drainage system and is relatively inexpensive, especially when compared to the cost of repairing any drainage problems that are discovered after you’ve already purchased the property.

Obtain Renovation Insurance
When you sign a contract for a renovation project, you become responsible for the site and must have the appropriate insurance in place. Renovation insurance protects your property while construction is underway. It is also known as building work insurance, building renovation insurance, and house refurbishment insurance.

If you take out a mortgage to fund the project, your lender may not release any funds until you have your warranty and proof of insurance in place, and if you have issues with the property such as flooding, theft, or fire, this is usually based on standard home insurance. If you don’t notify your insurer when you’re doing major renovations, your standard policy may be voided.

Insurance should cover public and employer liability, building materials and works, plant, tools, temporary buildings, the existing structure, personal accident cover, and legal expenses when renovating a home. Depending on the project, typical costs range from £500 to £1,500.


Determine Whether You Require a Home Warranty
While house warranties are not always required when remodeling a home, they can be beneficial. A warranty is a policy that protects your home from flaws in its design, materials, or construction quality, as well as any problems that arise as a result of these flaws. They typically last about ten years.

If you want to get a warranty on your project, get in early because premiums are likely to rise as the project progresses.

Determine Your Eligibility for a Renovation Grant
It pays (quite literally) to check whether you are eligible for any grants that may apply to the house renovation work you are carrying out when organizing funding for your renovation. Before you begin working, you must apply for grants. Check with your local council, as well as the Central Government through National Heritage.

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