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News & Updates
I know that we’ve been harping on about this for months now, but it really does seem that people are looking to improve rather than move from their homes.
With house prices predicted to fall by up to 35 per cent in the next two years, home improvement is once again high on the list of priorities for the homeowner, as they attempt to sit tight and wait it out.
So what advice is out there for those looking to invest in a spot of renovation on their property? Well, the lender GE Money has come up with the top ten projects that will add value to your home. With DIY prices rising 20 per cent in the last 2 years, it's important to know how to invest wisely, so check out the table below.
| Project | Value added to your home |
|---|---|
| Loft conversion | 12.5% |
| Extension to create extra room | 10.8% |
| Conservatory | 6.7% |
| New kitchen | 4.6% |
| Installing central heating | 3.4% |
| New windows | 2.9% |
| New bathroom | 2.88% |
| Re-decorating bedrooms/living room | 2.6% |
| New driveway | 2.2% |
| Decking garden/installing patio | 2% |
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