Could your Roof create more Equity? | BRAC Developments

NEWS

Could your Roof Create more Equity?

9.12.2020

You may not know this but for many households and commercial properties, the space above your roof offers great financial potential. This is a great opportunity because developing your roof can offer additional income for residential or business owners particularly in these tough times. Interested? Then read on.

Demand for Housing

New Permitted Development rights have now been announced to allow two-storey upwards extensions to blocks of flats. This change will enable Permitted Development rights to be allocated to purpose-built blocks of flats and eventually being rolled out to all detached properties.

City airspace development projects help to bridge the gap between the demand and supply of new homes. There are usually minimum lead times but a maximum value on offer for property owners, and that makes buying airspace so much simpler.

It’s all about being creative when it comes to providing new homes. The air space above existing buildings can be developed, and then sold on. It’s a great solution for the shortage in the housing market. Homeowners generally think of building outwards or downwards when extending and improving their homes, but this niche way to develop untapped airspace is the way to go.

It Helps Release Capital

BRAC Developments offer the opportunity to release the biggest asset that you, as a homeowner or business owner, might be sitting on. If you’re able to generate more space through your roof, then you’re likely going to release more capital if you end up renting out or selling that space.

Not only that but airspace development can help to improve the entire property from internal infrastructure to landscaping. By updating the overall building in this way, mean it will become more desirable and as a result it can increase its overall value.

A Great Opportunity

Take advantage of the opportunity to create more income from your home. With interest rates low and stock fluctuating, it’s a great time to take advantage of alternative financial opportunities.

Your roof could hold more potential than you might think so let BRAC Developments help you to release the biggest asset you have right now. We realise the potential of your building’s roof space and specialise in the redevelopment of flat roofs above existing residential and commercial buildings.

Get in touch today to discuss your project. Why not  call us on  01268 573933 or send a message to enquiries@brac-contracts.co.uk. Further information about our full service range can be found on our website.