Could Home Extensions in London be the key to Shared Homes and Future Living?

The future of home life in the UK is large living spaces shared by multiple adult generations of a family. That is the verdict of a report by the National House Building Council.

Could home extensions be key to this vision?

In truth, the report was published on the future of new-build housing but could have a knock-on effect to home improvement. The NHBC claim that a lack of affordable houses has led to several generations of a family purchasing a home together.

These co-homes have been purchased using a pool of cash and in the years ahead will feature everything from multiple bathrooms to separate front doors.

london home extension flat

It is estimated that more than half a million people have already adapted to this way of living and many take advantage of home extensions to do it.

We’ve all heard of granny flats, but more residents than ever before are using London home extensions to annex part of their home; creating a virtually independent living space for grandparents, teens or young adults who couldn’t afford to enter the London housing market alone.

Rising house prices aren’t the only reason for shared housing of this kind. In general, people are living longer and the population of the UK is growing. These people need somewhere to live.

A home extension could cost thousands of pounds but in addition to increasing the value of the property long term, could also save money through shared household expenses.

You might be reading this and thinking that living with parents again might be bad enough, let alone grandparents! But the benefits are there and the trend is growing as a result.

The older generation can downsize while retaining their independence; albeit with the peace of mind that family are close by. The younger generation can get their hands on a larger property they might not have been able to afford alone.

Home extensions in London are more popular than ever and they are the perfect way to accommodate more members of the family, including the older generations. Could you benefit from greater living space? An extension, rather than a house move, could be the answer.

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