Average Spend on Home Improvements Reaches GBP5,300

HALIFAX - More than half of Home-owners (55%) have undertaken home improvements during the past 12 months, according to new research from Halifax. The average amount spent on home improvements (not including adding space) over the last 12 months was GBP5,300.

Redecorating is the nation’s most popular home improvement, with almost two thirds of home improvers (64%) choosing to revamp their homes with a new coat of paint and wallpaper. More than one in ten respondents (13%) has also added space to their property within the last 12 months, or plans to do so within the next year. An extension was the most popular choice amongst one third of respondents (33%), followed by a conservatory (31%) and a loft conversion (28%).

The press release is under embargo for Monday 25th May. To receive a copy of the press release now please call the Halifax Press Office on +44-(0)1422-333829 or email pressoffice@halifax.co.uk

Source: Halifax

To receive a copy of the press release now please call the Halifax Press Office on
+44-(0)1422-333829 or email pressoffice at halifax.co.uk