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Financing A Granny Annexe

iHus title graphic for blog about granny annexe finance

Across the UK, granny annexes (and granny annexe finance) are offering the perfect accommodation solution to an array of people. From recently retired couples wanting to enjoy their retirement to families caring for their elderly relatives.

A granny annexe can completely change your life for the better. Although granny annexes are extremely cost-effective, not everyone has the funds when they need them. But before you think about selling your family home or postponing the project whist you save up, perhaps consider granny annexe finance!

Why Should I Choose A Granny Annexe And Granny Annexe Finance?

The rapidly rising cost of retirement villages means many retired people are looking for alternative accommodation when they are ready to downsize. Similarly, families who are having to care for their ageing parents are exploring affordable accommodation options other than residential care homes.

When people are trying to downsize and enjoy their retirement, they often end up spending their hard-earned pension on extremely costly retirement villages or sheltered accommodation.

When families are caring for their elderly relatives, it often leads to them selling or re-mortgaging the family home in order to give their elderly relatives the accommodation and care they need. This is because of the extortionate cost of residential care homes.

granny annexe finance allows you to have your elderly relatives nearby

Granny annexes are offering an amazing solution to people all over the UK. This includes elderly people looking to downsize and stay close to their family, families who are caring for their ageing parents as well as not-quite-empty-nesters needing extra room for their adult children.

Are Granny Annexes Cost-Effective?

Thankfully, self-contained granny annexes offer a cost-effective solution. Not only are they far cheaper than care homes and retirement villages, but they also add significant value to your property.

Here at iHus, our granny annexe range starts with our economical ‘cosy pod’ annexe priced at just £58,500. Whereas our core annexe range starts from just £64,000 and goes up to £100,700.

Care home costs, on the other hand, average between £39,000 and £55,000 per year. This means that if you live in sheltered accommodation for just four years or place your elderly relative in a care home for four years, it will cost a minimum of £156,000! Yikes. In comparison to care homes, granny annexes are certainly the more cost-effective solution.

As well as being cost-effective, granny annexes have a variety of benefits. They allow you to be close to your family whilst giving you the independence you need to enjoy your retirement. They also provide a comfortable space between yourself and your children and grandchildren.

If you’re thinking about investing in a granny annexe for your ageing parents, this too has many benefits. A granny annexe can be designed with your ageing parents in mind, meaning it will be fully accessible.

Self-contained granny annexes offer the perfect solution for your elderly relatives as it keeps them close by and gives you peace of mind that you are always nearby if they need you. It also gives everyone much needed space. If you move your elderly relatives into your own home, it can cause stress for them as well as the rest of the family.

Granny Annexe Finance Options

Even though a granny annexe is affordable, not everyone has the funds available. Thankfully financing your granny annexe couldn’t be easier with iHus’ granny annexe finance.

Flexible and affordable granny annexe finance will allow you to have your dream self-contained granny annexe without breaking the bank. This means that you don’t have to put your project on hold whilst you save up or raise the funds, nor do you have to sell or re-mortgage the family home!Granny annexe finance allows you to enjoy your retirement

Our granny annexe finance is a hassle-free process, which has helped many of our previous customers pay for their dream granny annexe. Here at iHus, we have partnered with UK’s leading finance brokers, Pegasus, which means we can offer you a variety of simple and affordable granny annexe financing options.

We can help with each step along the way to ensure that you are happy with your granny annexe finance before we begin your annexe.

Get In Touch To Discuss Your Granny Annexe Finance

Here at iHus, we specialise in the design and build of luxury self-contained granny annexes. We work with Pegasus and can help you to arrange flexible and affordable granny annexe finance.

Organising your granny annexe finance is a quick and easy process. Our partnership with Pegasus was put in place to allow people to easily afford their dream granny annexe. Once the finance is taken care of, we take care of the rest.

The whole process is stress-free. We take care of planning permission, provide complete project management on-site and ensure that every detail of your garden annexe is finished to an exceptional standard. All you have to do is move in.

If you have any questions about our range of self-contained annexes or our granny annexe finance or if you would like to book a free consultation, simply get in touch. A member of our team will be happy to answer any questions you may have.