Why Are Loft Conversions Expensive Compared To Rebuild Costs

[limerockconstruction]

Just to add - i'm not sure if you are quoting gross or net of VAT.

New build is subject to no VAT, and extensions, roof or otherwise, are subject to 20%

Thats a big portion of overall price whichever way you look at it.

 

[Jack_Kada]

Imho your rebuild costs (if I understand what you mean) are too low and your loft extension costs a little high.

If you were to build a new house on a plot of land in London you would be looking at over £1000/sqm2. Probably more like £1300/sqm2.

I had a loft conversion done last year with rear dormer and hip to gable. Two bedrooms with en suites were created. Gross finished area about 24ft by 21ft. It cost me £34k. Personally I think that was a bargain when I saw how much work went into the project.

can you pm me the builder you used as want a second quote