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Monday, August 30, 2004

 

Scotsman.com News - UK - Scots top table of home improvement spenders

Scotsman.com News - UK - Scots top table of home improvement spenders

Scots top table of home improvement spenders

CHRISTOPHER CLAIRE


BRITONS expect to spend an average of �1,270 improving their homes this summer, research showed yesterday.

The amount people planned to spend on DIY projects during July, August and September was 5% higher than the �1,208 they thought they would get through during the previous quarter.

The highest spenders of all, according to the survey, are Scots, who expect to shell out �7 more on average than DIYers in London.

The rise coincided with a fall in the number of people planning to move house, with just 4% expecting to relocate during the three months, compared with 5% during the previous quarter of the year.

Alliance & Leicester said the trend suggested people were staying put in the face of rising interest rates and an uncertain housing market, opting to improve their properties instead.


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