Loft Conversion Cost by our resident expert Mark Smith.
The cost of a loft conversion will depend on a number of factors :
- The scope of the loft conversion – en suite, 2 bedrooms, roof space
- The type of loft conversion
- The quality of the material used
- The profit margin of your loft conversion specialist
You may have seen as you browse the web – loft conversion companies advertising your loft converted from £15,000. This I can say in the MAJORITY of cases is not achievable realistically a loft conversion will cost approx. £24,000. In London – £29,000 (purely on the basis of supply/demand) as well as Londoners earning much more on average nationally. This fact is true in Feb 2012 from my experience.
When choosing a company to convert your loft – you should always get 3 quotations as a minimum. DO NOT choose the cheapest as the DEFAULT otherwise you may be burdened with hidden extras. Always look to build the TOTAL COST – ALWAYS ALWAYS ALWAYS have a contract and payment schedule in place.
Its not always a case of the old adage “you get what you pay for” – make sure you research your loft conversion company and at least visit a site in person. DO NOT take photos of previous work as granted – ask to speak to a customer and try make sure you are not hoodwinked into speaking to a family member or close associate. You ideally want someone independent. Contact the FMB and ask if there have been any complaints filled against the conversion company
Finally, a loft conversion will cost you a significant sum of money and it never hurts to ask the loft conversion company for a last price or a loan (this may work out alot cheaper then taking a loan from a bank) At the end of the day – the company wants your business and will do their very best to give you a cracking deal. Its surprising, how few people ask for a last price… it could save you money and make you money through this wise investment in your home.
Did you know…. The cost of your loft conversion could vary by as much as 15% if completed in winter. It is feasible to complete a loft conversion in Winter as long as you are willing to put up with the cold weather.