*Click on the images below to visit the Pegasus finance page.
Many families in the UK are finding themselves in the position of caring for ageing parents or dependent family members and this is on the rise due to an ageing population. There are various avenues to explore when it comes to caring for loved ones, and many of these results in a loss of independence. At Granny Annexe we are able to offer an alternative solution which enables them to both retain a high level of independence as well as staying close to the family.
The average cost of a residential care home reaches into the realms of £120k (based on a two-and-a-half year stay). That’s a fairly high price tag that few can afford.
A Granny Annexe provides a new home for a family member and an investment for your property. Many of our customers will consider selling their current property to fund a Granny Annexe project at a family member’s home, often leaving them with funds for their future financial security and enjoyment. Our annexes range from £55,000 – £100,000 upwards and often add significant value to the property.
For those without the option of selling a property, we have now teamed up with Pegasus to be able to provide our customers with an option for financing their projects. By using our advertised pricing or, if you have already arranged a site visit and received a quotation. You can enter the overall cost on the Pegasus website and it will calculate your monthly repayments this will vary dependent on the cost of the annexe and the duration of the loan you require.
The wonderful thing about a Granny Annexe is that it allows families to remain close and be actively involved in day to day life. As an added benefit it provides a great investment for your property. An independent property surveyor reviewed one of our projects during the TV show ‘The Home Game’ where they assessed the new annexe and it added its value back plus an extra £10,000 – £20,000 increase.