The type of loft conversion you’re after will also have one of the most obvious impacts on costs. Many companies tend to offer these types of loft conversions in London:
- Dormer Loft Conversion: One of the most popular options in London, this type adds a box-like structure to the roof, extending the space. It’s typically more affordable (£48,000-£50,000) but still provides significant extra room.
- Velux (Rooflight) Loft Conversion: The least expensive option (around £38,000-£40,000), this conversion doesn’t involve changing the roof structure, just adding skylights and insulation.
- Hip-to-Gable Loft Conversion: For properties with hipped roofs, this type of conversion extends the sloping side, creating a vertical wall. It’s more complex and expensive, typically costing £55,000-£65,000.
- Mansard Loft Conversion: The most expensive option, ranging from £57,000-£70,000. This involves significant structural changes and offers maximum space but usually requires planning permission.
Planning permission, especially for period properties or areas of historical significance, is vital to consider before committing to a loft conversion. Most loft conversions in London can be done under permitted development rights, which don’t require full planning permission. However, if you’re making significant structural changes (e.g., Mansard conversions), or your home is in a conservation area, you may need to apply for planning permission, which could delay the project and add several thousand pounds to the cost.
One slightly less obvious but nevertheless pertinent factor is the rising cost of labour in London. With cost of living expenses generally higher than the national average in the capital, the labourers tasked with transforming your home may increase their prices accordingly.
While there are many things to consider, if space is a necessity, a list such as this pales in comparison to the one that would come from attempting to move house.
So how much does a loft conversion cost in London?
It really depends, but you can expect it to be around the £40k mark. Remortgaging and savings are the most common route to making it happen – but we have more ideas here for you.
We have also partnered with licensed credit broker Ideal4finance to enable you to spread out the cost of a loft conversion, so try our free Finance Calculator here.
Remember, a loft conversion- especially when carried out on a London home- is a significant investment, and will increase the value of your property well into the future.
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