How much does a barn conversion cost?

Converting a barn into a cosy, habitable space is an exciting prospect for many, but one of the first questions that arises is: how much does a barn conversion cost? As with all building projects, the answer isn’t straightforward. Costs can vary widely depending on a range of factors.

HOW TO COST A BARN CONVERSION

To cost a barn conversion, you must consider the entire scope of the project. It’s not just about the initial purchase but also about planning permission, potential structural changes, and the cost of materials and labour.

COST OF A BARN CONVERSION

In the UK, the cost of barn conversions can range from £100,000 to over £500,000 (BuildSafe). This variation depends on factors such as location, the size and condition of the barn, the quality of materials used, and additional features like underfloor heating or solar panels. On average, you might expect to pay around £1,700 per square metre, with some reports suggesting figures as high as £2,500 per square metre (HomeBuilding).

AVERAGE COST OF A BARN CONVERSION

Given these variables, the average cost of a barn conversion sits at approximately £2,500 per square metre as of 2023, but this is highly dependent on personal taste and the characteristics and condition of your barn (Clare Nash Architecture).

CAN YOU GET A MORTGAGE FOR A BARN CONVERSION?

Another common question is: can you get a mortgage for a barn conversion? Yes, it’s possible, but it’s more complex than obtaining a mortgage for a standard residential property (Online Mortgage Advisor). Major lenders do offer such mortgages, but it’s advisable to consult with a specialist mortgage broker to explore your options.

GETTING A MORTGAGE FOR A BARN CONVERSION

It’s absolutely possible to secure a mortgage specifically for barn conversions. However, it’s worth noting that such a mortgage may involve more stringent checks to ensure the viability of the conversion (Expert Mortgage Advisor). Bridging loans are also an option, offering quicker finance arrangements with the possibility of refinancing onto a standard mortgage upon project completion (Online Mortgage Advisor).

HOW MUCH DOES A BARN CONVERSION COST?

It is difficult to answer questions like ‘how much does a barn conversion cost’ because every barn is unique. It’s crucial to get a detailed quote from specialist barn conversion builders and to factor in all the additional costs that can accrue, from planning permissions to interior finishes.

If you do want to go down the mortgage route, remember that securing a mortgage for such a unique property can be more challenging. This is due to the non-standard nature of the conversion and the perceived higher risk to the lender.

Got questions about your barn conversion? With over twenty years of experience, we know barn conversions like the back of our hand. Contact us today to see how we can help you, or check out our ultimate guide to barn conversions.