Gross mortgage lending totaled an estimated £18.7 billion in October, almost 7% higher than what was an admittedly weak £17.5 billion lent in September according to new figures from the Council of Mortgage Lenders.
New development rules which will cut the red tape for home improvements, combat the effects of climate change and protect World Heritage sites have been introduced by Housing and Planning Minister Caroline Flint.
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New research from Halifax shows that four fifths (80%) of people who carried out home improvements in the past year financed their work either partly or entirely through their own savings.
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The rising costs of transport and raw materials and a shortage of tradesmen is pushing up the costs of home improvements, according to new figures by RICS’ Building Cost Information Service (BCIS).
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As house prices flatten, a quarter of homeowners (28%) planning to undertake home improvements in the next twelve months will do so specifically to add value to their houses, Halifax has said.
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Britons should expect the unexpected when planning major works to their homes, according to Halifax Home Insurance.
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According to new research from home insurer MORE TH>N, 60 per cent of new home owners in the UK struggle to decorate and furnish their houses after forking out high prices for the property.
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More homeowners are undertaking home improvements specifically to add value to their property according to research from Halifax the UK’s largest mortgage lender.
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New research by Halifax, the UK’s largest mortgage lender, has shown an increase in the number of people undertaking home improvements to update and modernise their home over the past twelve months.
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