Homeowners planning to sell their property in the coming months should consider updating their bathrooms and kitchens before they do so, one industry body has suggested.

The National Home Improvement Council (NHIC) has said that, in terms of increasing the value of a property, these rooms can be key to the decisions made by potential buyers.

They can also have a significant impact on price, the council claims - meaning that taking out a homeowner loan to fund refurbishment could be a sensible investment.

Andrew Leech, technical consultant to the NHIC, said: "The kitchen is probably the first port of call for the buyer. You have to keep up to date with trends because things are always changing in the kitchen; moves from white goods to stainless steel for example."

Those considering more extensive work, such as knocking through a kitchen and lounge to create an open living space, might also benefit from a secured loan to fund the alteration.

Furthermore, while loans with a low rate of interest can be sought out, the investment could well pay off, since recent research from Nationwide Building Society suggested that updated bathrooms and bedrooms can increase the value of a home by up to five per cent.
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