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Renovations or Move House

Renovate or Move?
Spring is a little way away yet, but still people's thoughts are starting to turn to DIY and home improvements. That is all normal, but the surprising thing is that most people would seem to want to improve their home rather than selling and buying a new House.

This appears to be quite a change, but will be music to the ears of the chains like BandQ who have suffered in the past as people have not been buying up new homes and then making the changes.

We found this article on the DIYWEEK site, so please do have a look at it (and perhaps the rest of their site). Please also remember that the ToolsToday team are here waiting to help you select the best possible tool and the best price too.

An overwhelming majority (94%) of UK Homeowners would rather spend money improving their current home than sell up and move on, suggests new research.

Redecorating, repairing and even extending is cheaper than moving home

The survey of 1,000 people by Wooden Blinds Direct found that despite the recent reduction in stamp duty and rise in house prices, 49% of respondents plan to stay put and renovate in 2015, and are happy to spend on average over £5,500 doing so.

Only 6% cited their reason for renovation as selling their home this year.

Regionally, though, there are big differences in intention. Just 35% of Scottish homeowners are planning a renovation in 2015, with an average £4,600 spend. In contrast, south west homeowners plan to fork out an average of £10,400 for their extensions, decorating and other renovations.

The home improvement survey also found that Northern Ireland is set to have the biggest increase in home renovation during 2015, rising 173.5%, with Wales to have the biggest drop, falling 51.18%.

Click the link to see the full article on DIY home improvement trends.



This post first appeared on Tools Today, please read the originial post: here

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