Homeowners often run over budget or run late on renovation projects. It is easy to run behind schedule or overspend when constructing or renovating property. This is because unexpected problems arise, materials are unavailable or events occur that delay certain tradespeople, for example.
It could also be as a result of not seeking the correct planning permission prior to commencing work on a property. Tradespeople might drop out, become unavailable or not even turn up at all! Frustrating but not the end of the world.
Other issues include running out of money and needing to put a hold on a project until further funds are raised. Purchasing the incorrect materials can also bring a project to a halt.
Here are some tips to help you avoid this problem.
- You will usually need planning permission when you want to renovate or extend your home. The extent of your home improvement and where you live will determine whether you need to apply for a development permit or permission.
- You may have to wait for planning permission approval before you can start working or apply again because of restrictions.
- It is important to hire the right professionals when renovating or expanding a property. This includes architects, plumbers, builders, interior designers, and plasterers. It can be difficult to find the right person for a job. The risk of hiring “cowboys” or “rogue” traders is also a concern. For trusted Cotswolds Builders, go to Cotswold Builders
- It is important not to underestimate costs. Setting a renovation budget should be realistic, honest and not idealistic. You should also leave an emergency fund of about 20% for any unexpected costs.
- The wrong materials used in construction can lead to a variety of problems, which can impact other aspects of a renovation project.
- There are many options when it comes to materials. Making the wrong choice can be the difference between staying on schedule, within budget and running late.
- Overdoing DIY can be a mistake. For some renovators, it is a good way to keep costs down and improve quality. However, this approach can lead to over-ambition and a plan to complete more work than their time or abilities allow.
- If you do things incorrectly and without professionalism, you may end up slowing down your project. You will also spend more money and time to have a professional repeat what you did yourself.
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