Basement 'changes a house forever'

Posted in Equity Release Plan Updates

12th April 2012

Good morning, we have a quick update for you today.

If you are thinking about releasing some cash from your property to fund a few home improvement projects, you could do worse than putting a basement in.

However, many people are put off using equity release to install a basement as it appears both expensive and disruptive, even though it would be ideal for having the family round.

But according to one design expert, it's actually a "relatively easy" process to put an entire new floor in your home and transform the property.

Rosie Caley, design director at BasementWorks, says it's important to consider how much the work will cost and just how much benefit you expect to get from the added space, but the advantages are obvious.

She explains how rather than just getting an extra bathroom or bedroom, installing a basement will "completely change" the way you use your home.

Stay tuned for more news on equity release.
 

The views expressed in these videos are those of ReelContent alone. They may not represent the views or opinions of Age Partnership or its staff. RealContent acts in a journalistic capacity and is not authorised to give advice under the Financial Services and Markets Act 2000. The information contained in this video is intended for information and interest only, and not to either provide advice to, or to address the particular requirements of any individual.