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Average DIY Spend Rises

A survey released by Halifax has shown that the average spend on DIY by a home-owner was more than £6000 in the last year, which is around £1000 more than the previous year.

56% of those questioned said that they had started a DIY project over the last 12 months and that the most popular task was general painting and decorating at 65%. 37% had made changes to their garden, around one third had bought new furnishings and 22% had purchased new carpets. 19% of those questioned said they had installed a new bathroom.

Close to 60% of people said that they had undertaken the work to improve the look of their home, while 52% said it was to update or modernise their home. Those who had lived in their home for more than 10 years spent the least on their home in the last year at around £5000, while those who had owned their home for between 3 and 4 years had p the most at more than £9000.

Stephen Noakes from Halifax has commented that the research is showing that home improvements are still a high priority for home-owners, particularly with fewer people moving house in the current economic climate.