30% Of Homeowners Transformed Their Homes In 5yrs

One-third of property owners in the UK have significantly improved their homes within the last five years – whether with a basement renovation in London or by extending their living space.

The latest figures from Gocompare.com Home Insurance have revealed that installing a new kitchen or bathroom are the most popular forms of home improvement among Brits, with 48 per cent having fitted a new kitchen and 45 per cent a new bathroom during this time.

Ben Wilson, a spokesman for the insurance provider, said: “Updating key rooms such as a kitchen or bathroom or extending your home not only makes your home a more appealing place to live, but can increase the value of your property and possessions.”

Other popular home improvements are building an extension, with 21 per cent of homeowners having done this in the last five years. Some have knocked through rooms to extend the space (13 per cent), added an extra bedroom (ten per cent) and created an attic conversion (eight per cent).

Basement conversions are certainly popular in London where space is at a premium, and celebrities, in particular, are fans of making the most of the land underneath their house.

Robbie Williams is one such star with plans to renovate his basement at his property in the Royal Borough of Kensington and Chelsea.

However, he has recently hit a hurdle, as he is involved in a dispute with his neighbour Led Zeppelin’s Jimmy Page, the Daily Mail reported, highlighting the importance of having the right planning permission before starting major renovation work.

If you’d like to find out more about basement conversions in London, or have any specific questions regarding planning consents, get in touch with us here at The Oxford & London Building Company.


If you’d like to find out more about basement conversions in London, or have any specific questions regarding planning consents, get in touch with us here at The Oxford & London Building Company.