{"id":120804,"date":"2021-07-18T16:47:20","date_gmt":"2021-07-18T09:47:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-basement-extensions-now-as-normal-as-loft-conversions-study-finds\/"},"modified":"2021-07-18T17:05:05","modified_gmt":"2021-07-18T10:05:05","slug":"london-basement-extensions-now-as-normal-as-loft-conversions-study-finds","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-basement-extensions-now-as-normal-as-loft-conversions-study-finds\/","title":{"rendered":"London basement extensions now as normal as loft conversions, study finds"},"content":{"rendered":"<p>&#013;<br \/>\nMost are built for middle-class professionals rather than oligarchs, with trend raising flood concernsWith their underground swimming pools, cinemas and art galleries, London\u2019s luxury basement developments have long provoked envy and disgust as depositories for the hidden wealth of the super rich.But a new study, which has mapped all the 7,328 basements approved by 32 boroughs and the City of London between 2008 and 2019, has found that the majority of these developments were built for middle-class professionals rather than oligarchs, with the researchers saying they have become as normal as loft conversions. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/uk-news\/2021\/jul\/18\/london-basement-extensions-now-as-normal-as-loft-conversions-study-finds\" target=\"_blank\" rel=\"noopener\">London basement extensions now as normal as loft conversions, study finds<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Most are built for middle-class professionals rather than oligarchs, with trend raising flood concernsWith their&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120804","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vqs","jetpack-related-posts":[{"id":64374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/going-underground-number-of-britons-digging-basements-soars\/","url_meta":{"origin":120804,"position":0},"title":"Going underground: number of Britons digging basements soars","date":"August 23, 2017","format":false,"excerpt":"\r Halifax says loft conversions are also booming as homeowners seek to extend properties rather than moveBritain has seen a 183% increase in planning applications for basement extensions, as homeowners barred from climbing the housing ladder by high prices decide to burrow down instead.The number of loft conversions has also\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/going-up-or-digging-deep-how-to-finance-a-home-extension\/","url_meta":{"origin":120804,"position":1},"title":"Going up or digging deep, how to finance a home extension","date":"August 26, 2017","format":false,"excerpt":"\r From loft conversions to basements, planning applications are rising as homeowners need more space but can\u2019t afford to moveGrowing numbers of homeowners are building upwards or digging down to create more space because they can\u2019t afford to move to a bigger property. But what are the options for financing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/net-zero-rules-set-to-send-cost-of-new-homes-and-extensions-soaring\/","url_meta":{"origin":120804,"position":2},"title":"Net-zero rules set to send cost of  new homes and extensions soaring","date":"June 20, 2022","format":false,"excerpt":"\r They came into force in England last week to help the UK hit environmental goals by 2050, but this means short-term pain for long-term gainNew building regulations aimed at improving energy efficiency are set to increase the price of new homes, as well as those of extensions and loft\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-ways-to-save-money-on-diy-jobs\/","url_meta":{"origin":120804,"position":3},"title":"Five ways to save money on DIY jobs","date":"August 28, 2022","format":false,"excerpt":"\r From going down the secondhand route to energy efficiency grants, there are ways to cut costs as prices of materials soarThe cost of materials for big home improvements such as loft conversions and extensions is soaring. Prices change all the time but Office for National Statistics figures show they\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146151,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trader-recommendation-websites-must-vet-firms-says-watchdog\/","url_meta":{"origin":120804,"position":4},"title":"Trader recommendation websites must vet firms, says watchdog","date":"July 11, 2024","format":false,"excerpt":"\r CMA draft guidance says platforms must also tackle fake reviews and sanction rogue tradersPopular trader recommendation websites must vet the firms they advertise and tackle fake reviews under new rules designed to protect households from cowboy builders and tradespeople.Nationally, unscrupulous traders cost homeowners about \u00a31.4bn a year, according to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-improvements-how-to-pay-for-building-work-as-prices-rise\/","url_meta":{"origin":120804,"position":5},"title":"Home improvements: how to pay for building work as prices rise","date":"April 2, 2022","format":false,"excerpt":"\r Many people aim to revamp properties, but race for space comes as price of materials soarsSince the first lockdown eased, many homeowners have wanted to improve their properties. The race for space has made loft conversions and extensions popular, while some of those who cannot make structural changes are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120804"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=120804"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120804\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}