10 Home Improvement & Remodeling Ideas that Increase Home Value

If the improvements have added value then there may also be an improvement in the LTV which should, in turn, improve the mortgage options. Lenders will ask the reason for raising capital but should allow equity to be released – i.e. additional borrowing on your mortgage – for the purpose of home improvements. It’s important to factor in any switching costs as well but many deals will offer a free valuation and free legal work for remortgages, which helps to cut set up fees. TV shows about makeovers, fix-ups, and general improvements done to people or buildings, are a secret passion for quite a lot of us.

• Decide if you should buy a second home Buying a second home can be tricky, but with preparation and some help from experts, you can make an informed decision that’s right for your situation.
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• The obvious choice is carpet, either the entire steps or just the middle, but it’s an expensive choice.
• Depending on the planned improvement a surveyor may need to visit.
• You may still qualify for a loan even in your situation doesn’t match our assumptions.

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. By refinancing your mortgage, total finance charges may be higher over the life of the loan. Download this FREE guide for installation advice, automation control options, options for every window and a planning checklist.

A ceiling fan will help you save money by not running the air-conditioner on those days when all you need is air movement. To keep your family comfortable and energy costs low, set your fan to spin counterclockwise in the summer and clockwise in the winter. The clockwise motion in the winter makes cool air rise and redistributes warm air. High-spending homeowners, particularly in cities known for their pristine weather, are the ones embarking on these projects the most. “Homeowners living close to the beach in South Florida, or with beautiful views in New York City, want to take in as much of the outdoors as possible.

Innovative Products

You can rent a power washer for a couple of hours or buy one if you plan on doing it more than a few times a year. Use it to clean off your deck, patio and any other surface you’d like on or around your house. Join architect George Clarke as he travels across the UK to explore some of the most unique and creative builds. Every episode looks at a new property that incorporates some ingenious design. Plus, George helps create dream homes out of small spaces to show that even the “cosiest” homes can use space and design to adapt to an owner’s needs. Designer Kevin McCloud visits couples and families who are determined to create their dream homes and build it themselves.

Many personal loan lenders let you borrow as much as $35,000 for home improvements — sometimes more — which you can then repay over time. The rates for a personal loan can vary widely, so be sure to compare options to get the lowest-cost loan for your project. A cash-out refinance isn’t the only way to get funds for home renovations, but it’s likely to be easiest on your budget.

Home Improvements and Your Taxes

Moreover, you could start small by focusing on a single room. Whatever it may be, investing in your home’s lighting will make a noticeable difference House & Home Improvement in style. As an added bonus, you can also look for energy-efficient lighting options and save money on your future utility bills.