Moving House v Home Improvement
The editor of a home renovation magazine has said he is "not surprised" about new research which shows that home improvement is growing in popularity. Low interest rates & high cost of moving make improving what you have very attractive option !!.
A study showing that Britons are increasingly looking to improve their property is to be expected, according to Jason Orme, editor of Homebuilding Renovating Magazine.
Sainsbury's head of loans, Steven Baillie, also speculated that people could be building so that their homes have a greater value when the market picks up