UK homeowners plan to spend on improvements
Published: 04 April, 2011
BERLIN: MyHammer, a European website that links trades people and home owners, says that despite the slump in house sales, 60% of UK homeowners plan to make home improvements this year.
Its UK market survey found 63% of these house-proud Brits are planning an interior facelift with a lick of paint, while 33% have a garden overhaul in mind and over a third intend to fit a new bathroom or kitchen. Almost a fifth are planning bigger projects like loft conversions and extensions.
But most home owners will turn to trades people to carry out the work its says. The web site reports postings for quotes on the site up 34% year on year.
This is good news for MyHammer's 290 000 tradesmen, according to Gerrit
Mueller, general manager International, "The drop in the housing market means that homeowners will be turning again to home improvements as a way to protect their investment. However increased legislation means that you often need to use a qualified tradesperson. Equally if you are not terribly skilled it can be more cost effective to pay for work to be done to be sure of a professional job and save money in the long run rather than righting DIY disasters. Tradesmen at My Hammer are reviewed by other customers to give you extra confidence when picking the winning bid."
MyHammer operates in the United Kingdom, Germany, the United States and Austria.