When asked what home projects they’d invest in if money were no object, a third of people in a new survey by money.co.uk said a work studio or garden summer house, with almost a fifth going for a greenhouse.
Its annual Renovation Nation Report found that the average UK homeowner has spent £1,473 on home renovations, furnishing and DIY projects over the last year, with one in five spending the majority of their home improvement money on their garden. Around 20% funded these works using money originally intended for holidays, with 7% using money originally intended to buy a car, and 5% previously intended for an engagement ring. Just over a quarter of the 2065 people asked said that spending less money on going out had given them more money to spend on their homes and over a fifth cited wanting to increase the value of their home. In a separate study, British homeowners plan to spend a collective £217 billion on renovations and extensions over the next two years, according to Direct Line Home Insurance.
Image courtesy Moonalabs
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