I wonder if anyone has had experience of this?
Early last year we decided to engage an architect to undertake some plans for us. By way of background we live in a 3 bed semi, less than 25 years old in London.
We are at end of our road and have space to side so we decided on double side extension and rear extension, half double, half single on neighbours sides. At the very first meeting, architect asked our budget, which we said was 100k, he said right healthy budget. We also discussed cost of property locally, how much it would cost if we moved rather carry out works. Architect said it would probably be in in region of £250-300k to move up property ladder, which knowing local market is correct, (given increase in mortgage, stamp duty, moving fees, solicitors, estate agent fees).
Anyway the architect did plans, submitted planning, which was approved. We got a structural engineer to do drawings, have got a party wall surveyor.
We spoke with a builder that the architect recommended and their quote arrived a few weeks ago and we were shocked the quote was coming out in excess of £250k.
We were very specific about our budget with architect, we did have a contingency so probably could go up to £150k, (extending mortgage further, dipping into savings, maybe putting bits and pieces on credit cards, short term loan from parents etc).
I spoke to builder and said thanks very much, but totally out of our budget, he said this happens frequently as the design presented is not in line with client's budget.
We are speaking to other builders but I now feel totally down about the whole thing.
I dropped a quick email to architect and told him about quote, they said I can introduce other builders, that wasn't really my point. Yes, I do need to get other quotes but my thinking is that the design is out of line in terms of our budget.
We have spent several £1000 already but I'm just wondering if anyone has had experience of this, one builder quoting so highly and other quotes being in line with your expectations?
Thanks