Home Refurbishment Costs in London: Budgeting Tips and Expert Advice from VECTOR Living

ASH, VECTOR
Jun 5
6 min read

Refurbishing your home in London can be an exciting yet complex journey, especially when it comes to budgeting. With costs fluctuating based on property size, materials, and location, having clarity at the outset is essential. At VECTOR Living, we’ve spent over a decade helping homeowners, investors, and developers make the most of their refurbishment budgets; without compromising on quality or compliance.

Whether you're planning to renovate a Victorian terrace in Camden or modernise a flat in Kensington, this guide will help you understand typical refurbishment costs, provide budgeting tips, and show you how to work with a trusted partner like VECTOR Living to keep your project on track.

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About VECTOR Living

VECTOR Living is a residential construction and project management company operating across London, Surrey, and Hampshire. Founded in 2014 by a team of seasoned property professionals, our company delivers end-to-end construction services, from design and planning through to final delivery.

We specialise in:

Full home refurbishments
Loft conversions
Extensions and new builds
Kitchen and bathroom upgrades
Landscaping and outbuildings

Every project is managed by a dedicated project manager, ensuring seamless coordination, consistent quality, and a single point of contact throughout. With Contractors All Risks Insurance, £5 million Public Liability, and £10 million Employers Liability cover, we offer complete peace of mind. Our works are fully guaranteed under a limited defects warranty.

How Much Does a Home Refurbishment Cost in London?

The cost of refurbishing a home in London depends on several factors:

Property size and layout
Level of structural work required
Quality of materials and finishes
Location within Greater London
Planning and compliance requirements

Average refurbishment costs (as a guide):

Light refurbishment (decorating, new flooring, kitchen/bathroom refresh): £25,000–£50,000
Medium refurbishment (some layout changes, rewiring, new kitchen/bathroom): £60,000–£120,000
Full refurbishment (full reconfiguration, services overhaul, multiple rooms): £130,000–£250,000+

For large homes or luxury specifications, costs can exceed £300,000, particularly in premium postcodes.

Budgeting Tips for a Successful Refurbishment

A successful home refurbishment begins with good planning – and that means building a smart, realistic budget. Here are VECTOR Living’s top tips:

1. Define Your Scope Clearly

Are you redesigning the entire house or just refurbishing key areas? A precise brief helps keep estimates accurate and avoid scope creep later on.

2. Prioritise Rooms That Add Value

Invest in high-impact areas like kitchens, bathrooms, and open-plan living zones. These spaces not only improve daily life but also enhance resale value.

3. Factor in Professional Fees

Architects, surveyors, planning consultants, and building control officers may be required. Allow 10–15% of your total budget for professional fees.

4. Plan for VAT and Contingencies

Most domestic refurbishments are subject to 20% VAT. Also, set aside a 10–15% contingency for unexpected costs. A realistic buffer helps you stay calm and in control.

5. Don’t Underestimate Fixtures & Finishes

High-end finishes, bespoke cabinetry, and quality appliances can account for a large portion of your budget. Decide where to invest and where to economise early on.

Explore Our Loft Conversion & Home Extension Services

Curious about how to transform your home? Explore Vector Living’s complete Renovations & Refurbishments catalogue for expert insights, tailored design solutions, and inspiring real-life projects from across London, Surrey, and Hampshire.

You can see the calibre of our work in our Project Spotlight Page.

“My extension and new kitchen was delivered on time and as promised. I had the peace of mind knowing that if I had any concerns I could pick up the phone and the matter would be dealt with immediately." - Mrs Thakar

Project Spotlight: New Build in Hampshire

VECTOR Living recently completed a new build property in Hampshire, transforming an empty plot into a stylish, eco-conscious family home. Delivered on time and within budget, the project involved close collaboration with the client and local authorities.

Clients highlighted our proactive management, attention to detail, and ability to overcome planning and on-site challenges without affecting costs or timelines.

Read more real stories from our satisfied clients here: https://vector.uk.com/testimonials

Why Choose VECTOR Living for Your Renovation Project?

We know that cost control is as important as creative vision. Here’s how VECTOR Living delivers real value on every project:

Dedicated Project Manager: Your single point of contact ensures your budget is respected, decisions are well-informed, and timelines are met.
Qualified Contractors: We work only with certified tradespeople who meet our high standards, ensuring quality workmanship and full regulatory compliance.
Transparent Quoting: No vague estimates or hidden fees – just clear, itemised proposals that help you plan with confidence.
Problem Solvers: Unforeseen structural issues? Planning complications? Our experienced team handles problems swiftly to avoid budget blowouts.

Fully Insured & Guaranteed: With comprehensive insurance and a limited defects warranty, you can invest in your home knowing you're protected.g at every stage. Our design team works closely with you (or your architect) to suggest smarter layouts, materials and systems that achieve premium results within your budget.

VECTOR Living’s Refurbishment Process: From Vision to Reality

Our process ensures a streamlined and efficient experience:

1. Design

We’ll collaborate with your existing architect or introduce you to one of our trusted partners to develop a plan that suits your lifestyle, property style, and budget.

2. Planning

With in-depth knowledge of planning regulations in London, Surrey, and Hampshire, we manage applications, approvals, and conditions, avoiding unnecessary delays.

3. Contractor Selection

We match your project with the most suitable contractors, all fully insured and qualified. We also manage a competitive tender process to ensure fair pricing.

4. Implementation

Once work begins, your dedicated project manager will monitor progress, manage variations, and keep you informed. You’ll receive a Scope of Works Programme outlining key milestones.

5. Project Delivery

We oversee all inspections, ensure regulatory sign-offs, and conduct thorough quality control. At handover, your home will be clean, complete, and exactly as agreed.

Planning a UK Property Project from Abroad?

Discover how Vector Living delivers seamless loft conversions and home extensions for clients living overseas. Read our latest blog and learn how we provide trusted, turnkey project management for global homeowners and investors.

What Costs Should You Watch Out For?

Structural Changes

Removing walls, relocating staircases, or lowering floors can significantly increase costs due to the involvement of structural engineers and reinforcements.

Planning Delays

In some boroughs, gaining planning permission or listed building consent can delay timelines and inflate budgets. That’s why our planning expertise is so valuable.

Access Constraints

Limited access for deliveries or scaffolding in central London can increase logistical costs. We conduct early site assessments to prepare accordingly.

Heritage and Period Property Requirements

Retaining original features or meeting conservation area requirements may add costs – but can also add significant long-term value.

Smart Home & Sustainability Upgrades

If you're interested in smart home integration or sustainable materials, we’ll guide you on the best-value solutions, from underfloor heating to energy-efficient glazing.

Want to Add Value Without Overspending?

Find out how a well-planned loft conversion or home extension can transform your property — without stretching your budget. Read our recent blog and discover how Vector Living delivers high-quality results through cost-efficient design and expert project management.

Frequently Asked Questions

What’s the difference between a renovation and a refurbishment?

A refurbishment typically includes internal upgrades – flooring, kitchens, bathrooms, electrics – without major layout changes. Renovations often involve more structural work, such as reconfiguring walls or extensions.

Can I live in my property during the works?

It depends on the extent of the refurbishment. Light upgrades can be managed around occupancy, but full refurbishments usually require temporary relocation for health, safety, and speed.

How long does a typical refurbishment take?

Light refurbishment: 4–8 weeks
Medium: 2–4 months
Full: 5–8 months

Our Scope of Works Programme will help you plan accordingly.

Do you offer fixed-price contracts?

Yes – where the scope is fully defined. We’re also happy to work on cost-plus or staged agreements for more flexible or design-led projects.

Explore More Guidance on Home Refurbishments

Our Insights blog offers expert articles to help you make informed decisions:

How to Prepare for a Full House Renovation
Modernising Your London Home: Top 2025 Trends
Why Smart Design Matters for Refurbishment Projects

Visit: https://www.vectorliving.co.uk/insights

Stay Inspired: Follow Us on Instagram

Discover the beauty of well-executed design and construction by following us on Instagram: @vectorliving.

We share:

Before & after photos
Behind-the-scenes site updates
Client success stories
Design trends and materials

Start Planning Your Project Today

Budgeting wisely for a refurbishment is key – and working with VECTOR Living ensures your investment is handled with care, transparency, and expert execution.

VECTOR Living – On Time. On Budget. On Point.