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Underestimating the budget<\/strong><\/p>\n One of the most common mistakes in renovation of properties is underestimating the budget required for the project.\u00a0 A shortage in funds can lead to unfinished works or compromising on the quality of materials used.\u00a0 We recommend that you set a realistic budget before starting any project and to always factor in a contingency figure to account for unexpected expenses.\u00a0 We consider that obtaining a minimum of two separate estimates from professional trades to be essential in any property renovation or refurbishment projects.<\/p>\n \u00a0<\/strong><\/p>\n Not planning ahead<\/strong><\/p>\n Another common mistake is not planning ahead.\u00a0 This can lead to delays, increased costs and potentially compromising the final result.\u00a0 A well thought out plan can help ensure that the project runs smoothly and that all necessary steps are taken to achieve the desired income.\u00a0 We often find that working with tradesman who are known to one another helps in managing time scales and workloads.\u00a0 Many trades don\u2019t choose to work together and prefer to have access to the project without any other trades present. \u00a0Ensuring that realistic timescales are plotted in for each trade is an essential part of the planning process. Additionally, when supplying materials directly to your chosen trades, ensure that these are delivered on-site in advance of the tradesman\u2019s start date to avoid further delays.<\/p>\n Ignoring structural issues<\/strong><\/p>\n Sometimes property owners overlook structural issues in a property renovation which can have serious consequences and implication in the long run.\u00a0 It is essential to identify and address any underlying structural issues before starting renovations of a cosmetic nature.\u00a0 This can include roofs, walls, foundations or even the plumbing and electrical systems currently in place.\u00a0 It\u2019s also important to consider the possible need for Building Warrants or planning requirements for certain home improvements.\u00a0 Failing to address these issues can lead to bigger and much more expensive issues down the line and can also devalue your property significantly.<\/p>\n Doing it yourself<\/strong><\/p>\n Taking on a renovation or refurbishment project beyond your skill level can lead to costly mistakes.\u00a0 There may well be areas of the work remit which you are competent to complete yourself and could save you some money and speed up the pace of works.\u00a0 However, we recommend that you assess your skills honestly and only tackle DIY that you know you are capable of.\u00a0 Alternatively, you may be keen to be more involved and going on a training course or workshop to learn these new skills would be worth considering.\u00a0 It is always best to hire skilled tradesmen to carry out specialist works such as electrical, plumbing & structural.\u00a0 In certain cases, you may require areas of compliance and reports to be made by qualified tradesmen to ensure Building Warrants and\/or Completion Certificates can be issued.<\/p>\n Interested in our property refurbishment services? Give us a call on 0131 555 2777<\/strong><\/a> for a free consultation, or enquire via our contact us form below;<\/p>\n Click here to make your enquiry<\/p>\n https:\/\/www.wattproperty.co.uk\/contact-us\/<\/a><\/p>\n<\/div>\n