Listed properties present 'some advantages' to owners

Posted: 12 Nov 2008 12:46:05 GMT

            Property News - Listed properties present 'some advantages' to owners

Living in a listed building can present challenges to homeowners but there are also "some advantages".

That is the opinion of Chris Martin, an architect at theHousePlanner, who has asserted that when owners want to make alterations to their homes they can save time and money compared to those who do not live in protected dwellings.

For example, Mr Martin observed that there are certain organisations which will give grants to help pay for the preservation of listed buildings.

In addition, homeowners may also be able to avoid paying VAT on the alterations, he said.

Mr Martin explained: "Alterations to listed buildings that are designed as dwellings or non-business charity purposes, together with those that are being converted to such use, are not subject to VAT as long as the work is done by a VAT registered builder and with listed building consent.

"If you own a listed property, contact a local architect to discuss the possibilities – this may be the perfect time to."

According to English Heritage, buildings can be listed for a number of reasons, including architectural or historical interest, close historical association and group value.

Sky - Unlimted Broadband & TV
BT Broadband - Plus FREE BT Sports
Virgin Media - Superfast Broadband & TV
Gas & Electricty - Save up to £533
Mortgages - Find the cheapest
Home Insurance - Compare 70 providers
Free Credit Check - Check your credit file
Conveyancing - Fast Free quote
Tax Saving Guides - Tips to save Tax