Whether you plan to sell in the near future or simply wish to enjoy a higher return on investment, there are several key areas you can focus on to improve the value of your home.
Improve the exterior
First impressions matter, so sprucing up your home's exterior can significantly impact its value. Maintain a well-manicured garden, add a fresh coat of paint to the front door, and repair any visible damages to the exterior.
Renovate the kitchen and bathrooms
The kitchen is the heart of any home, and it can greatly influence its value. Consider modernising your kitchen by upgrading appliances, replacing countertops, and installing new cabinets.
Bathrooms are another area where improvements can add value to your home. Opt for contemporary fixtures, upgrade the shower or bathtub, and ensure proper ventilation.
Make sure it’s well-maintained
Regular upkeep and maintenance are crucial for preserving and increasing the value of your property. Address any structural issues, repair leaky roofs, and fix plumbing problems promptly.
Make energy-saving upgrades
With increasing focus on EPC (energy performance certificate) ratings, energy-efficient features have become attractive selling points. Consider upgrading your windows to double-glazing, insulating the loft, or installing a smart thermostat to reduce energy consumption.
If you’re interested in improving the EPC rating of your property, read our article on improving an F or G rated property.
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
You may have to pay an early repayment charge to your existing lender if you remortgage.
Related Articles
What’s an EPC rating?
How to renovate your home with a remortgage
Should I remortgage?
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