More People Opting for Home Improvements

Published ¤ 09/04/2009

Bookmark and Share

Due to the current economic climate, more people in Britain are opting for DIY home improvements in a bid to save cash.

Easter is traditionally the busiest weekend for home improvements, and now new research from Yorkshire Bank has revealed that 71% of Brits are planning on a doing a spot of DIY over the long weekend.
According to Yorkshire Bank's quarterly Housebuyers Report, only 5% of those surveyed plan to move home this year with many choosing to improve their current home instead.
The research also revealed that people are taking a more prudent approach to their improvements with over 61% of those surveyed planning to do their own home improvements rather than hiring in professionals.
Even homeowners who have previously relied on the qualified workmen are now planning to undertake the work themselves with 10% now opting for the 'Do It Yourself' option.
However, Yorkshire Bank has a word of warning for those about to embark on a DIY project with the research also revealing that 15% of DIY projects can take months to complete with 8% never getting finished at all.
A further 13% of people surveyed said they underestimated the cost of their DIY with 11% admitting they had to either redo a DIY job or hire in a tradesmen to repair the damage.
Paul Skinner of PKS said "It would seem that in the current economic climate, many people are looking to save money and carry out home improvements themselves. Sometimes this creastes a false economy, as the cost of fixing dodgy repairs can often make the project more expensive than if professionals were used in the first place.
"With the construction industry in the doldrums, it is easier to get works done at a much lower cost than 2 or 3 years ago. I would recommend getting some quotes before undertaking any major projects yourself."
PKS now offer building and architectural services, including design, drawings, planning consents, building works and decorating. If you want to get a project completed professionally, contact PKS.

PKS is authorised and regulated by the Financial Services Authority in respect of mortgage and general insurance business only.
Registered address: 10 Addison Gardens, Odiham, Nr Basingstoke, Hants RG29 1AS
Your home may be repossessed if you fail to keep up repayments on your mortgage.
Website design © Capital Edge Ltd 2009