Renovation Tips

Home or Profit?

If you are tempted to buy a run-down property to renovate, check how long it has been up for sale. In the current market investors are snapping up bargains. A property that's been on the market for more than a few months suggests there isn't a great deal of profit to be made. However, if you are trying to build a home rather than your bank balance, don't be put off, just be aware.

Look before You Buy

First impressions of new carpets, bathroom and kitchen can be a sign that a house has had a superficial refurbishment but underneath is in need of a more serious renovation. Make sure that you are not buying a money pit. In an older property you should be prepared for anything, right down to half the wall staying on the wallpaper when stripping or great holes behind the panelling. Don't be afraid to make umpteen visits with every type of tradesman in order to know what you are letting yourself in for!

Ask the Experts

Roofers, timber and damp specialists and electricians will charge nothing or very little to engage their services for estimates and will be more beneficial to you than a surveyor in the initial stages. Always try and get recommendations before hiring tradesmen and don't be afraid to ask where they last completed a job so that you can check the quality of their workmanship.

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