A renovation is not a task to be taken lightly. However, it can help you to buy a property for a lower price if you choose one that will need some work. It can also be a very rewarding process, allowing you to personalise a home and put your mark on it. Some people even renovate homes for a living, selling them on for a higher price once the renovation is complete.
If you take on a renovation project, be prepared for some hard work. You will need to make sure you have planning permission for any big changes and have official architects’ drawings for the plans. You must begin with a plan – even if it doesn’t work out 100%, you need to know what you are aiming for and to have timescales in mind. This helps the project run smoothly, but also allows you to book in the tradespeople you need to work on the property, like builders, electricians and plumbers.