It’s a sad but true fact that a lot of younger people aged between 25 and 34 in the UK will have to rely on inheritance money or a cash gift before they’ll be able to get a foot on the property ladder. According to housing charity Shelter, half of all parents they surveyed recently believed that their offspring will only manage to buy their own home by using inheritance money, or with a generous cash donation from family.
Of course not everyone can rely on getting financial help from parents who themselves may be hard up for money, but if you already own property and want to help your son or daughter feel more independent while still living at home, investing in a loft conversion could be the way to go. Loft conversions are one of those changes you make to your home that, when finished, often makes you wonder why you waited so long to do it.
Since the loft is likely to be the largest unused space in the house, it’s easy to imagine how much living space a modern conversion can provide for one or two people. If you already use your loft for storage you’ll already have an idea of its potential. If your loft’s lying empty, prepare to be amazed at the difference a creative loft conversion can make. It’s also one of the most cost-effective ways of adding value to your property.
Although an integral part of the house, loft conversions can be designed with independence in mind, but before you commit to anything, be sure to ask the person who’s going to be living in the loft about what he or she wants. That way, they’ll feel a sense of ownership – a home within a home, so to speak, for as long as they need it. Here at Pinnacle we carry out loft conversions tailored to suit your specification, from the design stage right through to decoration, if required. If you need more information or help with ideas, don’t hesitate to give us a call.