You are here: Home - Household Bills - News -

Brits spend £1,000 on DIY improvements

0
Written by:
09/09/2015
Two-in-three Brits say they plan to undertake a DIY improvement project on their home in the next year, according to a study.

People in the UK have collectively spent more than £22 billion on household DIY projects in the last 12 months, said Sainsbury’s Bank.

This represents a £1,085 spend for each property owner undertaking household upgrade work.

Some 79% of people said they had carried out at least one DIY project in the last year, covering everything from putting up shelves to bigger projects like attic conversion.

The back garden is the area people most often look to improve, with 26% looking to redevelop their outdoor space themselves. A quarter of people said their bedrooms needed some improvement while 22% said their kitchen was in need of renovation.

Bathrooms, living rooms and drives were also popular areas for homeowners to spend their cash, the report added.

Percentage of adults planning to undertake some form of DIY improvements in the next 12 months

Back garden 26%
Bedroom 25%
Kitchen 22%
Bathroom 20%
Living room 20%
Drive / front garden 13%
Property exterior e.g. roof or windows 8%
Dining room 7%
Communal areas and stairs 5%
Study 3%
Basement or attic 3%
Other 2%

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Homeowners unprepared for financial shocks

Almost a third of people have experienced some financial shock in the past five years, yet many remain without the...

Close