Ethos Public Relations Manchester

Loft conversion orders hit the roof

by Ethos public relations

As property commentators and experts start to report the first hopeful signs of economic recovery in the housing market, the good news is also reflected by national loft conversion company Econoloft.

Established for 30 years, Econoloft is the only loft conversion company that works across the country and it is one of the biggest and most respected specialists in its field. Managing Director Derek Livesey said that in the last few months the company has seen a marked increase in orders.

"People have been reluctant to invest in their homes due to worries about little or no return on their investment," he said. "Now it seems that at last the tide has turned and it is clear that confidence in the property market is returning for the first time in over a year.

Extending living space continues to be one of the most popular ways for British homeowners to increase the value of their property and the addition of an extra bedroom or bathroom could add thousands of pounds.

But Derek warns homeowners only to work with professional companies to ensure that a loft conversion or extension, is well thought out. "You should always consider the impact that major work will have on the re-sale value of your home - whether that sale is in a year or ten years time," he said.

And if you planning any major renovation work - make it sooner rather than later as the current 15% VAT rate will be increased to 17.5% in January 2010.

"I don't think the penny has dropped with the general public that any major construction work in 2010 is going to cost 2.5 percent more than it will this year," said Derek. "If you are planning something like a loft conversion - you need to move fast if you want to save yourself hundreds and possibly thousands of pounds."

Find out more about Econoloft by visiting www.econoloft.co.uk or by calling 0800 269 765.

Posted at 4^th September 2009