Your garage can be anything you want it to be.
Make it a space that counts.
How does a garage conversion loan work?
Garages serve different purposes for each household – for some it could be a storage unit, for some, a parking space, or a lost and found room for the others. When turned into a cozy and habitable room, this under-utilised space could be a boon for your home’s value!
Make use of the space and create a room of utility – convert your garage with real rate garage conversion loans by LoanTube. Spread the cost of your garage conversion project into simple, affordable monthly instalments and lighten your financial burden.
What are the benefits of a garage conversion?
Garage conversion is a cost-effective way of adding extra space to your home. Turning an unused garage into a living area can boost the value of your home by 15%. You can customise your room as per your needs – a gaming room, organised store, party pad, study or a WFH station.
How much does a garage conversion cost?
A garage conversion costs can range from £3,000 to £19,000 on average, depending on the kind of conversion you’re looking for:
Type of Conversion
Average cost of garage conversion
Garage conversion cost
£9,500 – £20,000
Integral garage conversion cost
£7,500 – £12,600
Attached garage conversion cost
£10,000 – £20,000
Detached garage conversion cost
£15,000 – £25,000
Double garage conversion cost
£17,500 (integral) – £45,000 (detached)
Carport to garage conversion cost
£10,500 – £15,000
Partial garage conversion cost
£5,500 – £8,500
DIY garage conversion cost
£2,500 – £6,000
A garage conversion can be an extensive project – count on LoanTube for all your financial needs!
Find your ideal garage conversion loan at the click of a button – borrow up to £35,000, enough to cover the average cost of garage conversion(including material and labour costs for your venture).
A specialist could help you choose the type of garage conversion that would suit your home the best.
What to consider before borrowing a garage conversion loan?
Garage conversion can be a significant transformation for your house, and it’s essential to consider some factors that might play a role in the project. Ask yourself these questions before starting your renovation project:
• Is my house suitable for a garage conversion?
Most houses with an attached garage can easily convert the space into a usable room. Since you may change the layout of your garage in the process, it would be best to consider the structural strength of the house – whether or not it can withstand construction changes. You could ask a specialist to assess the property before working on the project.
• What type of garage conversion will suit my home the best?
You should choose a garage conversion that aligns with your needs and budget. It would help research and discover popular garage conversion themes and ideas.
• Do I need planning permission to convert my garage?
Garage conversions usually fall under permitted developments, so you may not need planning permission unless you’re converting your garage into a separate house.
• What building regulations do I need to keep in mind?
Building regulations differ from planning permission. If you want to convert your garage into more usable space, you’ll have to meet specific guidelines and align your plans with the building regulations. You can learn more about these regulations by consulting a specialist.
How much value will garage conversion add to my home?
You can boost the market value of your house by 15% if you convert your garage into a living space.
Commonly, permitted developments to cover garage conversions unless you’re converting your garage into a separate house. Other than that, you may be able to renovate your garage under the building control notice.
Garage conversion usually has no impact on your council tax band.
Converting your garage can usually take anywhere from a week to a month, but it all depends on the scope.
You can borrow any amount between £1,000 and £35,000 over a term of 12-84 months with LoanTube.
The rate you are offered will depend on your individual circumstances.
Representative APR Example: On an assumed loan amount of £2,600.00 over 36 months. Rate of interest 41% per annum (fixed). Representative 49.7% APR. Total amount payable £4,557.89 of which £1,957.89 is interest. 35 monthly repayments of £126.61 and a final payment of £126.54
Warning: Late repayment can cause you serious money problems. For more information, go to MONEYADVICESERVICE.ORG.UK
Credit subject to status & affordability assessment by Lenders.
LoanTube is a credit broker and not a lender.
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