Scenarios

Part 1

Mr Smith has decided it’s best for his elderly mother to move into a care home so that she can get the help she needs. She has left him the home that she has been living alone in for the last 20 years.

Part 2

Mr Smith gets an estate agent to value the house, however after that many years the house is outdated and undesirable. The current value is at £300,000.

Part 3

Mr Smith contacts RenovateUK to see if they could help out. After a survey RenovateUK packaged up a deal to refurbish the house for £50,000, fully funded by them!

Part 4

RenovateUK started work immedietly with a fully certified team. Mr Smith didn’t have to make any arrangements at all!

Part 5

The estate agent has now valued the renovated home at £420,000 and is now a house of interest to multiple people!

Part 6

After the £50,000 for the refurbishment is deducted, Mr Smith is left with an extra £35,000, on top of the original value of the house, after splitting an uplift of £70,000 with RenovateUK.

Part 1

Mrs Wilson lives in Glasgow and has just inherited her late aunt’s house in Southampton.

Part 2

However, she cannot travel back and forth to Southampton to fix up and sell the house due to work and family life commitments.

Part 3

Instead, she contacted RenovateUK, to see if they could help out. RenovateUK went to Southampton, valued the house and offered Mrs Wilson their start to finish care package that included everything from house clearance to security on top of their full renovations contract.

Part 4

RenovateUK not only fully funded the refurbishments but also dealt with putting the house on the market through their trusted network of estate agents.

Part 5

Regular updates left Mrs Wilson confident in the renovations progress. The value of the house was boosted and was sold quickly. Mrs Wilson didn’t even need to leave her home.

Part 6

After the £70,000 for the refurbishment is deducted, Mrs Wilson is left with an extra £45,000, on top of the original value of the house, after splitting an uplift of £90,000 with RenovateUK.

Part 1

If you are a UK Housing association wanting to dispose of older stock in your portfolio then read on.

Part 2

Sending your properties straight to auction may be quick however you are not achieving the maximum potential out of your properties.

Part 3

Instead, contact us. We will assess the potential of the properties and work alongside you by funding and undertaking renovations with our own dedicated, certified team. Once completed, we can assist with marketing, if required.

Part 4

By working together we can achieve maximum value for these properties at a contracted pre-agreed price with no surprises.

Part 5

The old outdated properties you would typically sell for less than market value will now be converted to perfect, move-in-ready homes which can achieve a higher sales price.

Part 6

After we take out the cost of refurbishment, we both equally split the uplift. The association benefits from a much greater return without having to deal with any additional stress!