What are you planning on getting up to this Easter Bank Holiday? Building snowmen, perhaps?
Well, you're in good company if you’re planning on getting your hands dirty with some good, honest doing-it-yourself – or, as we’re led to believe it’s commonly referred to these days,‘DIY’.
Building society Nationwide has done a survey, and found that 45% of Britons will be getting up to a bit of home improvement of some sort or another with their extra days off. What’s more, it also claimed that it has seen a 65% increase in home improvement loans since the end of 2007.
Here’s the Nationwide's snappily titled Easter Bank Holiday DIY Hitlist for you to pore agonizingly over.
- Over half (52%) are planning painting and decorating
- Nearly four in 10 (37%) will be taking to the garden to landscape, put up fencing, lay lawn or patio's
- 9% plan on laying laminate, wooden or vinyl flooring
- 9% plan on putting up a shed/outhouse
- 9% plan on tiling walls or floors
- 4% are planning on adding insulation to their homes
- 12% are planning to fit a new bathroom or to replace part of it
- One in 10 (10%) are fitting or replacing all or parts of their kitchen
- 7% will be looking at their plumbing
- 4% fitting new windows
- 4% building a conservatory
When it comes to money, most people (42%) said that they wouldn’t be spending more than £200 on DIY, while only 11% of people said that they’d be spending anything from £5,000 upwards.
Graham Pilkington, divisional director for banking, insurance and investments at Nationwide, pondered: "Easter has traditionally been a favourite time for DIYing, and this year is no different with over half of us planning to break out the paint brushes and filler."
He continued: "But what's most interesting is the growth in people taking out loans to fund bigger projects, such as new bathrooms and kitchens. The number of people moving house over the last few years has declined, so the increase in the number and size of personal loans suggests that homeowners are spending more to maintain and upgrade their current property rather than moving on."
If you’re planning on getting up to a bit of DIY this weekend, then for heaven’s sake, have a read of this first. Also, make sure that whatever you plan on getting up to doesn't invalidate your home insurance. Because that would be rubbish.