Home Improvement Boom

18 million British consumers are planning to make home improvements within then period of the next 12 months.

Double glazing company Everest says that the average homeowner is going to spend £2,831 on home improvements.

According to Everest, 53 per cent of homeowners who are planning renovations are doing so to modernise their house, and 43 per cent of homeowners are planning improvements with the aim to cut energy consumption.

It has been estimated that about 11.9m people have plans to carry out renovations inside their property over the next 12 months, willing to spend no average £1,326 per property.

In addition, 3.3m people are planning to spend an average £2,274 making neat the exterior of their home.

Duncan Bland, of Everest Home Improvements, says that normally people tend to focus on home renovations during the periods of economic instability in order to add value to a property.



The cultural transformations that have made people accept life in debt have had a direct impact on the approach youngsters take to money matters, which could lead to negative consequences in the long run as many of the next generation would resort to IVAs to cope with serious financial issues.

When we put efforts into our work and get paid for this, we get an amazing feeling of satisfaction. Our hard hard work seems to have been remunerated financially. We go shopping and buy the items we need and the items we simply want.