If you've been dreaming of the perfect home extension to transform your house, then with record low interest rates and stunning special offers from BDS Architecture Ltd, there's never been a better time.
Since 2008, the Bank of England has kept interest rates at just 0.5%. Even though many economists have been predicting that they will rise again soon, as long as interest rates stay low, it means that the cost of financing your new home extension stays down. Of course, there's no guarantee that interest rates will remain this low for long, and indeed the Governor of the Bank of England has said that he expects changes over the next few months in response to the outcome of Brexit negotiations. The uncertainty about Brexit could mean an increase in the cost of financing your home extension as soon as October, or even later this month. So if you want to get maximum value from a home extension, it makes sense to decide sooner rather than later.
Of course, whenever you decide to go ahead, building a home extension brings many benefits over alternatives such as a full-blown house move.
- You do not have to deal with a volatile and unpredictable housing market.
- There's often no need to take out a mortgage, with secured loans a common way of financing an extension.
- It is less stressful than moving because you avoid the hassle of packing away your entire life into boxes.
- You can tailor the design of the extension to the exact needs of you and your family.
Our FREE Guide To House Extensions
Get more tips and information on building an extension with our free e-book Extending Your Living Space, which you can download by clicking here.