Renovating your home in a cost-effective way

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Whether you’re planning to upgrade your kitchen, carry out an extension, or simply repaint some rooms, the cost of home renovations can often get out of control fast. We’ve collated some affordable ideas to help you achieve your home renovation!

Shop around

Take your time and shop around when buying materials for your project. It may be easier to purchase everything from one supplier, but it generally isn’t the most affordable option.

Do it yourself

Doing it yourself is one of the top ways to save money when undergoing home renovations. Though you may want to leave some tasks, such as plastering, to the professionals, or your may end up costing yourself more money.

Get multiple quotes

If you do need the help of a professional, make sure to get several quotes for the work. It is also important to check their reviews and recommendations before going ahead. But remember, the cheapest quote may not always be the best option.

Wait for the right time

Completing your renovations during certain periods of the year can also save you money. Not only can you leverage on sales like Black Friday for large-cost items, but you may also find that tradesman are slightly cheaper in the off-season.

Create and stick to a budget

Try to establish how much savings you have available to help cover the costs involved. Also ask yourself, if you are in need of extra funds, how will you get hold of it? Get started by creating a budget planning using our online tool.

  • The information provided in this article is for guidance and educational purposes only. Police Credit Union Ltd. does not offer regulated financial advice. Please seek independent financial advice.

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