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JLS Building & Property Development

Extensions · · 2 min read

Extend or move? The costs people forget when they compare

By JLS Building & Property Development

Bright extension interior with roof skylights and bifold doors open to the garden

When a house gets too small, the choice is usually to extend or move. Most people compare the build quote with the price of a bigger house and stop there. That leaves out costs on both sides.

What moving really costs

The price gap between your house and the next one up is only part of it. On top of that you will typically pay:

  • Stamp Duty Land Tax on the new purchase. The current residential rates are on GOV.UK.
  • Estate agent fees when you sell, and legal fees on both the sale and the purchase.
  • Survey and mortgage arrangement costs.
  • Removals, and often some redecorating and new furniture for a different layout.

What an extension really costs

The build price is the largest item, but budget for the rest too: design drawings, structural calculations, planning or Lawful Development Certificate fees where needed, building control fees, and some contingency for what you find once the ground is open. Our extension cost guide explains what moves the price.

There are practical costs as well. You will lose some garden, there will be a few months of disruption, and you may need to move out of the kitchen for a spell. Most of our clients live in the house throughout.

The questions that decide it

  • Do you like where you live? Schools, neighbours and the commute are hard to replace.
  • Will the extension solve the actual problem? A bigger kitchen-diner and an extra bedroom are different projects.
  • Is there a value ceiling on your street? Ask a local estate agent what comparable extended houses sell for, because an extension does not always add what it costs.
  • Do you have the space and the permissions? Check permitted development and any conservation area or estate restrictions early. Our planning permission guide is a good place to start.

Do the sums on paper

Write both options down with every cost on each side, including the ones you would normally forget. If the numbers are close, the decision usually comes down to whether you want to stay. If you would like a realistic build figure to put in the comparison, we can visit and quote against a clear specification. Have a look at our recent extension projects or get in touch.

About the author

Written by JLS Building & Property Development Ltd, a family-run building contractor covering Bedfordshire, Cambridgeshire, Hertfordshire and Buckinghamshire. FMB member and SafeContractor approved. More about us. This guide is general information, not professional or legal advice for your specific project.

Questions

Frequently asked questions

Do I pay stamp duty on an extension?+

No. Stamp Duty Land Tax is charged when you buy property or land, not when you improve a house you already own.

Does an extension add value to my house?+

Often, but not always by as much as it costs. The best guide is what similar extended houses on your street have sold for, which a local estate agent can tell you.

Do I need to tell my mortgage lender or insurer about an extension?+

Yes. Tell your buildings insurer and check your mortgage terms before structural work starts, because the cover or conditions may need updating.

Get in touch

Request a quote

Tell us about your project and we'll come back to you to discuss it in more detail.

Prefer to talk it through first? info@jlsbpd.com

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