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Desperate To Redo Your Home? Here Are All Of The Reasons A Whole Home Refurbishment Will Serve You Better Than A Single Room Addition.
Have you just moved into a new home? Is it an old home you inherited or does it just need an upgrade? The problem with buying a house is that it has previously belonged to someone else… unless you are buying it directly from the developer, of course. Any house you buy from another seller has been lived in and lived in houses don’t tend to feel very clean.
The obvious answer here is to invest in a whole house refurbishment. While most people love the idea of this, there are few of us who think we can afford it. We are here to tell you that it might be more attainable than you would think. Here’s how you can afford to pay for a home refurbishment, then we will talk about why a whole house is better than a single room.
How To Fund A Refurbishment?
There are two main ways that you can fund a refurbishment in an old inherited, or dusty property. All you need to do is speak to your mortgage provider to see if they will issue you with a homeowner’s loan. The homeowner’s loan takes out a set amount of cash based on the fact that you own your own home and should therefore pay it back without issue. You can use your home as collateral.
However, the lender may refuse you, particularly if your new property is inherited. What to do in this instance is to contact Selina Advance. This company is new to the UK and, for the moment, are the only place you can buy an HELOC in the British Isles. What’s a HELOC? It stands for Home Equity Line of Credit. It allows you to borrow up to 80% of the total amount the mortgage is worth, provided you have repaid that amount. You pay once for the product and use as much as you like.
Why A Whole House Refurb Is Better Than A Single Room Refurb?
A whole house refurb is better than a single room upgrade any day of the week. Here are a few reasons why.
It’s A Seller’s Market
If you aim to sell on the house at some point in the future, then a whole house refurb is your best option. You will retain some of the money that you put towards it. Getting the house into liveable conditions. If you just refurbish a single room, this will hamper you when you come to sell.
One Room Stands Out
If you only choose to refurbish a single room of the house, this is going to stand out. It may be fine if you only ever have guests in that one room – but what happens if they need to use the facilities or stray into the kitchen and see the difference?
First Impressions
There’s only one way to make sure that your guests aren’t judging you and that’s with a good first impression. As soon as the guests see you only have one nice room, you will be judged. Don’t let it happen to you.