With to-days property market being so unpredictable homeowners would be better off staying put and renovating as opposed to selling up and buying a bigger home.
Ask yourself the question Why do you want to move? Is it because the children have grown up and now need their own space, or is it because Dad would like to have his own personal workspace? Or would mum like to have a sewing room. Whatever the answer you need to work out whether you will be able to recoup the cost of renovating when you sell your property or make sure that you don't over- capitalize your property.
If renovating is structurally impossible, or you cannot live with the mess while renovations are taking place, or the cost of moving to a bigger home is on par with renovating then moving is obviously the best option.
The right finance
When you decide to renovate, finding the best loan to suit your needs is particularly important. Renovation loans can streamline the whole process and save you money. Be clear about your needs, plan for the future.
Range of options
Homeowners can choose from a range of finance options available. Which one you choose will depend on the size and scope of the project; whether it is a simple kitchen update, emergency repairs, home extensions or full renovation.
Whatever form of finance option you choose just click on our Home Loans section and we will help you get the best possible deal.