Money Box Money Box Live: Move or Improve?
Jun 3, 2025
Join Harvey Fremlin, Managing Director at The National Self Build & Renovation Centre, and Beth Rudolf from the Conveyancing Association as they dissect the dilemma of moving versus renovating your home. They delve into the soaring costs of moving, explore motivations for staying put, and tackle the emotional pitfalls of family home exchanges. With real-life renovation horror stories, they provide essential advice on budget management, contractor reliability, and the dangers of improper spray foam insulation. A must-listen for any homeowner!
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Before Starting Renovations
- Always understand your renovation budget fully before starting work to avoid running out of funds.
- Check planning permission needs with local authority and plan the work schedule with your builder clearly.
Renovation Nightmare Story
- Lindy paid a bathroom company £3,500 who ripped out her bathroom and then disappeared.
- Despite doing due diligence, she faced huge stress and financial loss trying to get her home fixed again.
Hiring Builders Safely
- Verify builder memberships with trade associations by contacting them directly before hiring.
- Avoid paying large sums upfront; use contracts and pay in stages upon satisfactory completion.