Here at Dual Glaze Services Ltd, we appreciate just how much home improvements can enhance the quality of life of homeowners.
As professional windows, doors and conservatories specialists in the Billericay area, we have seen first-hand how simple measures such as installing a conservatory can provide the longed-for extra room somebody needs and how double-glazing significantly reduces their energy bills. In additional to functional benefits, we’ve seen how new doors such as our Bi-Fold system can also dramatically modernise homes and open out living spaces.
National research has now revealed that more than one in four people are saving more money than they were 12 months ago so they can afford to update their home – emphasising the importance people place on creating the perfect home.
Despite the current economic climate, 28% of people are saving more money now and 24% are going to unusual lengths to do so, according to a survey by Clydesdale and Yorkshire Banks.
Its research found 7.5million people are selling unwanted gifts on Ebay, while nearly 750,000 are going to carboot sales and doing odd jobs for friends and neighbours. A further 520,000 people have even sold their family heirlooms in order to have savings behind them.
Home improvements appears high on the list of reasons why people are saving their pennies (17%) behind a holiday (36%) and a deposit for a house (19%).
The research found that despite 9.5million people (18%) telling their partners they have a savings account, they do not disclose how much is in it. Meanwhile, 4million people (8%) lie to their partner about their savings account.
The results, based on a survey of 3,000 adults in the UK, revealed that the average person in Britain saves £1,320 per year. Over a quarter of those surveyed said they were willing to hold off for more than a year to be able to afford the item they wanted.
Steve Reid, retail director for Clydesdale Bank, said: “Although three fifths of Brits (60%) have dipped into their savings accounts to fund unexpected household bills, I am glad to see that we are also putting money away to treat ourselves and our families be it holidays, home improvements or a new car. All of which goes to show it certainly pays to save.”
Britain’s top ten saving wish list as identified by Clydesdale and Yorkshire Banks:
For full report, click here.
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