I’ve flipped properties for 30 years. Here’s why I’ve given it up for a new-build

Wayne Smee, an electrician by trade, has renovated properties to live in and sell on since the 1990s – but says it is now too expensive.

“It’s all I’ve ever known for 30 years,” he said.

The increased cost of labour and materials, not to mention the stress involved and new regulatory requirements, have led him to change direction and he buy his first new build property with wife Claire last year.

Do some foods leave
you feeling hungry rather than satiated? Experts say there are…

Foods that leave you hungrier

A bowl of cereal and glass of orange juice

More refined cereals are digested quickly, and fruit juice, whilst one of your five-a-day, contains less fibre than whole fruit. This might mean you find yourself hungry again within 1-2 hours of eating this breakfast.

Woman eating colored breakfast cereal in front of laptop, workplace breakfast, quick healthy breakfast in office in the morning.

Swap the orange juice for a whole orange, the cereal for oats and milk or serve it with Greek yoghurt or a boiled egg. This would increase the fibre and protein content; two nutrients strongly linked with fullness.

Foods that leave you hungrier

Gail's croissant Image taken from https://gails.com/collections/breakfast/products/croissant

These pastries are made primarily from refined flour and butter, and are relatively low in protein and fibre.

Toast and jam

Toasted bread and white background
FILE PHOTO: Pufferfish sushi line is seen on a display window at a market in Shimonoseki, Japan February 7, 2020. Picture taken on February 7, 2020. REUTERS/Sakura Murakami/File Photo

Shop-bought packs can contain a lot of white rice, which is digested quickly, and the protein content is often modest.

Foods that leave you hungrier

Sarawak laksa is one of many varieties of this noodle soup (Photo: Tham Kee Chuan/Getty)

Vegetable soup

On its own, it is often very low in protein and calories, so hunger can return quickly.

Unless it’s loaded with veggies, it’s probably pretty low in fibre.

WASHINGTON, DC - AUGUST 12: Chocolate Milkshake Smoothies photographed for Food in Washington, DC on August 12, 2024 (Photo by Scott Suchman for The Washington Post via Getty Images; food styling by Lisa Cherkasky for The Washington Post via Getty Images)

Liquids are generally less filling as they require little chewing which may not trigger satiety signals.

Foods that leave you hungrier

London, convenience store, snacks and sweets. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images)

Snack bars

They are ideal for a quick pick-me-up, but if reducing hunger is what you’re after, it’d be better to swap it out.

Low-fat yoghurt

A full-fat plain Greek yoghurt with berries and seeds tends to be much more filling due to the protein, fat and fibre.

Which yoghurts are the best options? (Unsplash)
BANGKOK, THAILAND - OCTOBER 17: A "KT Herbalist", a Kratom cocktail made from Kratom, coffee and siamese herbs is seen at Teens of Thailand, a bar in Bangkok's Chinatown on October 17, 2021 in Bangkok, Thailand. In April 2021, the start of Thailand's third and most deadly wave of the COVID-19 pandemic, the Thai government banned the sale of alcohol in restaurants and bars, crippling the already suffering food and beverage industry. With a lack of government aid and support, some bars have shuttered their doors in hopes of reopening post-lockdown, while others shuttered their doors for good. But six months into Thailand's most recent lockdown, Niks Anuman-Rajadhon, owner of Teens of Thailand, a gin bar located in a renovated shophouse in Bangkok's Chinatown, decided that instead of waiting for the government to allow the sale of alcohol again, they would take advantage of Thailand's recent legalization of Kratom. Kratom is a locally grown herbal drug with mild opioid and stimulant effects and was reclassified from a type-5 narcotic to a legal-to-grow herb in August 2021. While Thailand prepares for a tentative reopening on November 1st, the alcohol ban and curfew are set to continue, leaving business owners questioning if the country can revive its suffering tourism industry. (Photo by Lauren DeCicca/Getty Images)

On an empty stomach, it can actually increase your appetite.

What to eat instead

Instead of thinking about avoiding foods, think about what you can add to them.

  • Add beans, lentils or shredded chicken to your vegetable soup and pasta.
  • Thicken your smoothies with Greek yoghurt, chia seeds and oats.
  • Apple slices with peanut butter, yogurt with berries and hummus with oat biscuits are better snack options than a pre-made snack bar.
  • Have alcohol alongside a balanced meal containing protein and fibre.

How to age well
without pain

Will Harlow, a physiotherapist
for the over-50s and author of Independence for Life, shares
the key signs you’re ageing
badly – and what to do about it.

How to know

Ageing well is maintaining the ability to do what you want you want for as long as you want without needing help. Everyone is talking about longevity but what’s the point in living longer if the last decade is painful and you’re [totally] reliant on people?”

The signs to look out for

Senior woman on sofa feeling and suffering from back pain. - stock photo
  • The most obvious early warning sign of bad ageing is pain says Harlow. 
  • Another is losing confidence in doing daily tasks, which can quickly lead to a lack of independence.
  • One call Harlow often receives is people calling after having a fall and struggling to get up.

4

How to age without pain

Not just stopping

When people retire, they often put their feet up and stop. Your body really is use it or lose it.

Throughout our entire lives, Harlow says we need between seven and nine hours of sleep.

Tired mature woman taking a nap on the sofa in the living room
Maribel Ezcurra, 77, a retired milling machine mechanic, practices tai chi with fellow seniors in a park in the Playa neighborhood of Havana, Cuba, Wednesday, April 15, 2026. (AP Photo/Ramon Espinosa)

Social isolation

The lack of connection can increase the risk of premature death by
as much as 29 per cent.

Strength training

It really is the proxy for
overall independence.

The more muscle mass you have, the less chance of heart disease, diabetes, falls and even anxiety, depression and dementia. 

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The brain can be linked to muscle mass too, Harlow says. It’s not just about being able to lift things. It gives you more energy, better sleep and you’ll look and feel better.

How to age without pain

Daily habits

Do short bursts of exercise, between 30 and 60 seconds, in otherwise dead time during the day.

Elderly woman exercising in a public park
A mature man rouses in the early morning light, stretching as he wakes.

Stretch in bed

Take joints through a full range of motion for five minutes to loosen it before getting up.

Don’t crash diet

A woman adds up food calorie counts in her kitchen

How to age without pain

Protein shake and chocolate protein powder in a scoop, Sports nutrition.

Harlow advises 1.6 grams per kilogram of body weight to stop muscle loss alongside resistance training.

Don’t wait

Harlow finds that many patients put off making a change to their lifestyle until their lives are consumed by pain. 

Menstrual pain, woman with stomachache suffering from pms at home, endometriosis, cystitis and other diseases of the urinary system - stock photo
Close-up view of female jogger tying laces of her sport shoes before running exercise routine. Motivation, healthy lifestyle and fitness concept.

For most people, it’s about reducing the number of times per week you’re exercising, not reducing intensity. 

The three ageing tests to do

  • Lie completely flat on the floor and get back up to a standing position using any technique. This should take less than 10 seconds.

  • See how many times you can sit on the chair and stand back up again in 30 seconds. Men should be aiming for more than 14 times and women 12. 

  • The single-leg stand, which involves standing on one leg and balancing for 10 seconds. Everyone should be able to do that and for those under 65, Harlow asks them to do it with their eyes closed.

Despite the job market hiring fewer entry-level roles, employers are still looking for grads…

But you should be prepared to keep an open mind.

We’ve compiled the sectors hiring graduate roles, what degree is required, and what they pay.

Young adults in graduation gowns joyfully tossing caps into the sky, celebrating achievement and new beginnings against a clear backdrop

The degrees to choose for a career

Hiring in the UK could
finally be on the up

47%

of employers offered entry-level
positions from July.

That is up nearly 15 per cent from the same period last year.

700,000

But graduate unemployment rose to six per cent in 2025 and 700,000 jobless graduates were claiming benefits.

Finance and insurance

  • Around 42 per cent of UK finance and insurance employers say they will be open to graduate roles this summer.
  • Business loan company Portman Finance Group has taken on 50 graduates over the past four years.
A lot of thought needs to be put into transferring a DB pension to a DC pot

Portman graduates start on £36,000 for the two-year programme and the education you need to apply is a minimum “ABB” of A-levels, and a 2:1 or above university degree. But not in a specific subject.

Mature businesswoman wearing casual, commuting to work in the city of Vienna. Female commuter leaving the subway train while commuting to work

Trade and logistics

What makes it particularly rewarding is that there’s always something to learn.

Nearly half (47 per cent) of trade and logistics companies will be giving graduates a go this year.

Salaries start at £30,000 with an uncapped bonus, rising to £50,000 plus a company car as a senior account partner.

Technology and IT

More than half (52 per cent) of UK tech and IT firms are actively looking for graduates. 

Successful entry-level candidates can earn a basic salary of up to £35,000, with the opportunity to triple that within their first three years of working.

Young business woman searching for job online. Woman writing resume on laptop.

4

Public sector, health
and social services 

46 per cent of public sector, health and social services organisations are also ready to take graduates, according to a survey by Manpower. 

A policeman walking away from an elderly person's home. - stock photo
  • For example, Police Now runs a graduate programme into policing. They recruit graduates from any degree field, as long as they achieve a 2:2 or above. Starting salaries range from £31,164 to £42,210 depending on location and rising each year.

Can we treat guests without blowing our budget?

According to Waitrose, a dinner party revival is underway led by younger people trying to reduce the cost of getting together.

Always have bread

People will feast on the
bread, and then need less fish/steak/expensive whatever. All small plates restaurants know this: this is why the first thing on the menu is always artisan bread and butter.

ELLA RISBRIDGER, AUTHOR OF THE KITCHEN BOOK – GOOD FOOD FOR EVERY DAY
Female Hands cutting bread. - stock photo

Use vegetables as centrepieces

Variety Fresh of organic fruits and vegetables and healthy vegan meal ingredients in reusable eco cotton bags on beige background . Zero waste shopping concept. Healthy food, clean eating, eco friendly, no plastic. Flat lay, top view - stock photo
Beautiful woman unpacks a full fabric bag with fruits and vegetables on the kitchen. - stock photo


Add pantry items

Graham’s recipes include a braised cabbage with a preserved lemon sauce, a roast cauliflower with saffron, and harrisa roast carrots with mango labneh.

How to host on a budget

Table top view of Indian food.

Improve the everyday

Guests will always appreciate a stellar interpretation of the ordinary. Think lasagna or curry.

Cooking dinner for your guests is spoiling them – you’re being generous with your time, your effort, and your home. So don’t feel the need to go overboard elsewhere.

A group of friends is toasting together during a dinner party. They are smiling, celebrating together.
Man serving friends salad at backyard dinner party - stock photo

Ask for help

Ask friends to bring a contribution, be it a nibble or a pudding.

Big platter energy

[Presentation] can be the key to elevating something . Spaghetti and tomato sauce suddenly looks like a feast when tumbled on a lovely big plate, dressed with olive oil and parmesan and placed in the middle of the table.

Food writer and editor Eleanor Steafel 

How to host on a budget

Taco party

Have one expensive filling, like shredded chicken, and two cheaper options, like refried beans, says Ella Risbridger.

Traditional ice cream parlours are still going strong (Shutterstock)
Tacos are a popular dish throughout the country (Photo: Daniela White Images/Getty)

Shop-bought ice cream is so easily zhuzhed up with the help of handy toppings, says Eleanor Steafel.

Lynsey Crombie @lynsey_queenofclean, home expert and TV presenter

Low-effort tricks for
a cleaner house

While many Britons feel inspired to tackle their homes during summer, the warmer months can also make cleaning harder.

But Lynsey Crombie, known as the Queen of Clean, says the hotter months can increase mould, musty smells and sweaty clothes. 

Here, she shares the tips and practical
hacks she lives by.


A study of 1,000 UK residents by Domestic & General revealed that almost one in 10 Brits have never cleaned their washing machine, yet it could be grubbier than the toilet seat.

Overhead view of young Asian woman loading the washing machine with laundry - stock photo
Woman loading washing machine in the kitchen - stock photo

Crombie says after 30 washes, use 500 grams of soda crystals on the hottest wash to clean out the drum. If there’s sludge, run a quick rinse cycle with some white vinegar.

Always make sure to leave the door and drawer ajar for 10 minutes to dry out too and avoid stale smells.

Household ingredients to use

Ensure clean drinking water at home with kitchen filtration. Cropped woman hands filling glass with tap water

White vinegar

This is Crombie’s go to. It can descale the kettle and taps and deodorise places in her home.

Table salt

For tough stains like red wine, rub salt into the stain, leave overnight and wash as normal.

Unrecognizable female friends celebrate and drink red sparkling wine
Fresh lemons and sugar cubes on marble counter top

For stubborn water marks, use half a lemon and bicarbonate of soda and leave on for 30 minutes before rinsing.

Detail of a man cleaning a wooden kitchen floor with a mop and bucket, taken on March 3, 2018. (Photo by Olly Curtis/T3 Magazine/Future via Getty Images)

Cold water is better

You’re damaging [wooden] floor [with hot water], making it expand, stretch
and cause gaps…

During hot days, Crombie says to avoid cleaning with hot water altogether to avoid adding humidity to the home.

“Cold water is much better, and if you’re using the right floor cleaning product, it’s still going to be clean,” she says.

Hacks for a cleaner home

Three is the magic number

Wash your towels after two to three uses and make sure they dry properly in-between.

Orange microfiber towel hanging on a rack in a bathroom
TOTO Neorest WX TOTO toilets www.gb.toto.com Image supplied by Julienne Webster

Focus on hotspots

Clean the “high traffic” areas, like the toilets, kitchen worktops and the hallway daily.

Open the windows

To keep a home fresh open the windows for 15 minutes each day – even in colder months.

An African American stand near the bedroom windows, closing the blinds, while wearing casual clothing.

Weekly habits

Do it more frequently, to cut down how long it takes

Lazy boyfriend hanging in phone while his girlfriend cleaning his dishes after dinner in kitchen. Inequality of men's and women's rights. Family arguement

One task Crombie does weekly is her fridge. This includes a 10-minute wipe-down, focusing on the salad and vegetable tray. “If you save that job up and do it every other month, it’s going to be a very big chore.”

4

Hacks for a cleaner home

An employee of the French pan maker Cristel, wipes a frying pan at the Cristel factory, on May 23, 2024, in Fesches-le-Chatel, eastern France. At Fesches-le-Chatel, in the Doubs region of France, the Cristel factory is on a roll: France's number-one manufacturer of stainless steel kitchen equipment has seen "demand explode" since the National Assembly passed a law restricting the use of PFAS in April. (Photo by SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images)

Stainless steel

Crombie’s hack is one product: Barkeeper’s Friend in powder form.

The expensive products

“If you spend more money, you get the floral scents. The difference is scent, not performance.”

Deep cleaning glass door handles for Covid-19 disease prevention. alcohol,disinfectant spray on Wipes of Banister in home for safety,infection of Covid-19 virus,contamination, germs - stock photo
Cleaning day at home - stock photo

Ignore online advice

The biggest issue she sees is product overuse. “You don’t need half a bottle of washing up liquid to clean a surface.”

Crombie’s essentials

Four products can do do a full clean of the house.

  • Antibacterial washing-up liquid: “It can clean almost anything, and any brand works.”
  • : It’s pet-friendly, eco-friendly and “ticks all the boxes.”
  • Cif cream cleaner: “It’s an old school product. It’s so good.”
  • White vinegar: ““It’s great for washing sportswear, gym kits and is a great stain remover.”
Exhausted couple lounging on a sofa at home, battling summer heat wave with handheld and electric fans while sweating in discomfort

How to keep your sex life going in a heatwave

Don’t endure it

For some people, the heat and the sun boost the production of hormones responsible for joy, pleasure and connection like serotonin and dopamine. For others, the heat causes fatigue and irritability. For them, being touched can set off an anxiety response.

GEMMA NICE [BELOW]

Don’t endure sweaty cuddles

  • Long-term partners can be upfront and honest with each other and say that it’s too hot to touch right now.
  • For others, break the tension by having an open and honest conversation.
  • Choose dates with built-in air conditioning, like the cinema.
  • Don’t ignore the issue or
    power through if you’re too hot.

5

How couples can manage a heatwave

Take penetrative sex off the table

It may make you feel lightheaded, tired, and can even lead to erectile dysfunction because the body is overheating.

Lesbian couple lies in bed together, covered with a duvet while their legs are entwined
A man and a woman sit embracing on a bed

Indulge in dirty talk instead

Because you aren’t distracted by physical movement, your focus is entirely on your partner’s voice. This can help build a massive amount of tension and sexual desire.

How couples can manage a heatwave

Young couple at home practicing yoga. They are watching online fitness live streaming classes.

This syncs up your nervous systems and can trigger a deep, full-body energetic response.

Mutual play

Set up a fan and touch yourselves while looking directly into each other’s eyes, says Nice.

A woman lies on her bed next to a fan
Rear view of two seniors with grey hair sitting on sofa in living room, looking television.

Strip and chill out

Just sharing the space and being close to each other can strengthen your bond.

Why you shouldn’t have
sex in the sea

  • Water actually washes away
    your body’s natural lubrication.
  • It creates friction against the delicate tissue.
  • This can cause micro tears and severe irritation.
  • It drastically increases the risk of getting a urinary tract infection (UTI) or a yeast infection.

4

The one easy habit which keeps your
brain young

From adopting a different running route to taking up a new hobby, here are seven ways in which new experiences can dramatically alter your brain health for the better.

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Why we need new experiences

A well-connected brain is more resilient to stress, illness and the effects of ageing.

Neurologist Dr Steve Allder says when we try unfamiliar things, our brain is forced to work in new ways.

Over time, this improves the brain’s ability to adapt to change and respond to challenges, helping us to preserve thinking skills and emotional balance.

Why we need new experiences

They strengthen memory formation

Regularly exposing yourself to new situations – even small ones – helps exercise your memory systems, which improves your ability to store and retrieve information.

A human brain made of wool with folded paper brainwaves - stock photo
Frustrated elderly woman suffers from migraine, confusion, memory loss, dementia. Brain puzzle. Alzheimer's or Parkinson symptoms. Healthcare and medicine concept.

They improve overall learning ability

Just as muscles adapt to new exercises, the brain adapts to new mental demands. As we age the brain then benefits from regular stimulation and maintains sharpness.

Why we need new experiences

Happy woman walking with male partner in vineyard during sunset. Elderly couple are touring in field against sky. They are enjoying during weekend.

Boosts dopamine

New experiences naturally stimulate dopamine, which encourages positive behaviour patterns.

Reduce cognitive decline

New experiences activate different brain regions, helping to keep more areas working.

Happy pregnant mother sitting close to smiling teen daughter while taking selfie on smartphone - stock photo
Portrait of elderly woman solving sudoku puzzles at home, sitting in living room. Sudoku as popular game for aging people, logical thinking, problem solving.

Your brain must evaluate options, test ideas and adjust its approach.

The benefits of new experiences

Each time you adapt successfully to something new, your brain learns that change can be handled. This improves emotional flexibility, making it easier to cope with stress and unexpected events.

They also often involve other people, whether through travel or social activities. This stimulate areas of the brain
responsible for communication, empathy and understanding others’ perspectives. 

Your sleep has a huge impact on your heart health

  • Adults who regularly sleep fewer than seven hours are at increased risk of high blood pressure, obesity, heart attack and diabetes. 
  • The risk of coronary artery disease is 45 per cent higher in adults with short sleep durations at night.

4

The bedtime habits that reduce risk

Sleep tourism in hotel. Exhausted woman sleeps sweetly in bed in the morning - stock photo

Keep daytime naps to less than 20 minutes and aim for seven to eight hours sleep per night.

Wind down

A reasonable 20-30 minute bedtime routine can include reading, light stretching, and meditation.

A mature man meditates in the last sun rays coming into his bedroom - stock photo
Close-up view of female jogger tying laces of her sport shoes before running exercise routine. Motivation, healthy lifestyle and fitness concept.

Time your exercise

Vigorous exercise within three hours of bedtime can cause insomnia.

The bedroom environment

Pensive young Asian woman sitting on bed writing on journal in cozy bedroom. Copy space. - stock photo

Sleeping in a bedroom with bright overhead light has been associated with a higher risk of major cardiovascular events, including heart attack (47 per cent higher risk), stroke (28 per cent) and heart failure.

Darken the room with blackout blinds or an eye mask, avoid blue light and leave your mobile phone outside your bedroom.  

The bedtime habits that reduce risk

Food and drink

Alcohol, nicotine, caffeine and large evening meals can all disrupt sleep quality.

A woman drinks a glass of red wine

Know your numbers

If your blood pressure at bedtime is consistently high, consider discussing medication with your GP.

Beware of snoring

Sleep-disordered breathing is linked with cardiovascular conditions, so it could be time for a GP evaluation.

Young woman covering her ears while her boyfriend snoring in bed

Wayne, 52, bought his first house in 1993 for around £70,000 and upgraded the heating system and rewiring, alongside fitting bedrooms, a bathroom and a kitchen.

He borrowed £40,000 for the upgrades and lived in the house with his ex-wife until 2002, at which point they sold it for £300,000 and split the £180,000 profits.

Another project included a 1970s home with an old, integral garage that he converted into an additional reception room, whilst also adding a fitted kitchen and bathroom.

His most recent renovation was a two-bedroom, mid-terrace in Maidstone, which he and Claire, a recruitment consultant, bought for £178,000 in 2017.

“We wanted to convert the completely unusable cellar into another room and put an extension on the kitchen with vaulted underfloor heating,” he says.

They also refitted the bathroom and kitchen, and renovated the rear garden with artificial grass and decking.

While doing a lot of the work themselves meant the couple kept costs down, there was an emotional toll.

Wayne and Claire Smee

“With the cellar, I underestimated the work involved to dig the floor down and reinstate the staircase. It thoroughly exhausted me, both mentally and physically. Everything I touched, seemed to triple in cost,” Wayne says.

“With the rear wall of the house, it all worked out but it was a headache and we had no kitchen or back wall in the middle of winter.”

As the property only had one bathroom, the couple had to stay in a hotel while that was being worked on.

“We borrowed next door’s outdoor toilet for a few days, but we couldn’t do that in the week when we were working as there was no shower,” he adds.

“We did the donkey work, doing things like ripping the floors up, so the labour costs were diluted,” says Wayne.

“I can do a bit of plumbing, flooring and woodwork but I can’t plaster or do carpet fitting and flooring. I know a lot of people who can and, for things like the heating and boiler, I got someone in.”

Even doing the majority of the work themselves, the total cost of materials came to around £50,000. The price of construction materials has been consistently increasing, with a 15 per cent rise in 2022 and an additional 2 per cent rise in 2026.

“We put up a shed in the garden, and the price of wood and screws was three times what is was 10 years ago,” says Wayne.

Labour costs have also increased and Wayne says, when he goes out on jobs, people are astonished at the hourly rate. “From that point of view, people are thinking that the cost doesn’t justify [renovating]. This is why Claire talked me out of doing it all again.”

The couple lived in the home from 2017 to 2025.

When it came to moving, the couple set their hearts on Hythe, near Folkestone, where they had holidayed. Initially, Wayne wanted to get a bungalow that he could knock down at the back and put in bifold windows but decided another project would be too expensive and stressful.

“After sitting down to think about our future, we decided our Grand Designs days were behind us,” says Wayne.

“Both of us have an understanding of what is involved in renovations, and we looked at them and thought: ‘Is it really worth it?’

“With us both working full-time, there would never have been time to do it all and I’d be shattered as I’d be doing it in my spare time,” Wayne added.

“There was a huge want to get somewhere already done.”

They sold their Maidstone home for £260,000 via part exchange, moving in in August 2025. They ported the mortgage and increased it slightly to be able to afford a new home.

The Smees chose a three-bedroom, semi-detached new-build on Barratt Homes’ Martello Lakes development at a cost of £375,000, which included £18,000 cashback. Their new home is three-storey with a family bathroom and ensuite, plus a big driveway and detached garage.

Now, they are living in Hythe with their two Jack Russells and, for the short-term, their youngest grown-up son too.

Pros and cons of renovating properties

Experts reveal what you need to know if you’re planning on renovating a home.

Tim Phillips, Homebuilding & Renovating Show expert, said: “Renovating allows homeowners to keep a home and location they enjoy, preserve its charm, and complete the work in stages.

“However, existing buildings frequently have hidden issues, structural limitations, and unforeseen costs that only become apparent after construction begins. A new build allows for far more flexibility in design, layout, and energy efficiency but the initial cost of buying land, obtaining planning permission, and providing access, drainage, and utilities can be significant.”

Michael Holmes, Homebuilding & Renovating Show spokesperson, added: “Renovating gives homeowners the opportunity to future-proof an existing property around their particular needs.

“There are also significant costs associated with moving such as estate agent fees, legal fees, and stamp duty tax. Renovating avoids many of these transaction costs.

“[But] construction costs and uncertainty are the obvious disadvantages. Costs rose sharply post-pandemic and, while demand has cooled, prices rarely ‘reset’ quickly.

“Buying a new build gives you a move-in-ready home without the months of disruption and risk of cost overruns that can come with a major renovation. The trade-off is that you have less opportunity to tailor the property to exactly how you want to live, whereas renovating allows you to make the most of what you already have.”

Original source I’ve flipped properties for 30 years. Here’s why I’ve given it up for a new-build

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