Extensions
Financing your extension
Whether you are thinking about a single or two storey extension, careful planning is essential to make sure you are not faced with spiralling costs. Before you start it’s important to prepare a budget and calculate the total cost of the project against the estimated increase in your property value. Working out how to finance an extension of your home is the most important element of the planning phase and requires monitoring throughout the project.
The Home Owners Alliance offer detailed guidance about how to budget for a home improvement project and advise on the points to consider before you start work.
Read the Home Owners Alliance's guide to re-mortgaging1.
Further information is also available at from the following links:
Useful links
Find a Professional
Use our partner directories from CIAT, FMB or RTPI to find an architectural technologist, builder or planning consultant to help with your project or development.
Find a professional (https://www.planningportal.co.uk/planning/planning-applications/find-a-trade-professional)
Find a professionalUseful links
Interactive guides (https://interactive.planningportal.co.uk/)
Interactive guidesCommon projects (https://www.planningportal.co.uk/permission/common-projects)
Common projectsMake an application (https://www.planningportal.co.uk/applications)
Make an applicationPlanning Consultancy Calculator (https://www.planningportal.co.uk/permission/home-improvement/planning-consultancy-calculator)
Planning Consultancy Calculator- https://hoa.org.uk/advice/guides-for-homeowners/i-am-buying/how-to-remortgage/
- https://www.moneyadviceservice.org.uk/en/articles/pay-for-home-improvements
- https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/294604/New_way_to_pay.pdf