Are the prices negotiable?
No, we won’t be able to negotiate. We understand how costly these projects can be, but we would rather not do a project, rather than do it at a loss or a very low margin.
How long does the project takes?
We try as much as possible to minimise the time to completion. For residential it’s very important to finish as soon as possible.
In most cases, conversions take 6-8 weeks in total and extensions around 8-12 weeks. The size of the project will influence the total time, but having most of the trades in house means that everything is done quicker.
Can you cover all the trades?
When considering a project like this, we would offer you a quote for everything involved in the work. If there are elements we are not able to undertake, these will be subcontracted to other parties, but these instances are very rare.
What projects can you undertake?
We consider those projects that help us improve our portfolio and, at the same time, we’re confident we can do a profit with them.
It’s important to emphasise that these projects are not very profitable for us, we’re better off doing something else (like bathrooms or kitchens). Most building warrant projects are stressful, involve a lot of paperwork and are considerably less profitable than other projects, despite being very costly to you.
So why are we still doing this kind of projects? Because they help us pave the way for commercial projects, something that we plan to start undertaking in the coming years. Those are the truly profitable projects in the construction industry and these building warrant projects (like extensions and conversions) are small scale versions of what happens on commercial sites.
Why are these projects so expensive?
There’s a lot of building regulations that a building warrant has to take into account. Whether the total cost would be expensive or not is generally a matter of postcode. In expensive postcodes the costs of a large extension/conversion can be a small fraction of the total property value, whether in a less expensive postcode an extension/conversion can sometimes exceed the property value.