Architect Your Home, are leading suppliers of architectural services for the homeowner market in the UK.
They have recently conducted a survey of over 500 respondents, which revealed that aspiring homeowners are now actively investing in their homes to avoid the ‘dead money’ involved with moving.
Hugo Tugman, architectural expert and founder of Architect Your Home commenting on the results, said:
‘As the price of bricks and mortar has soared, homeowners in their thousands have caught on to some simple maths:
If you move, stamp duty, legal fees, moving costs and estate agency charges can all add up to an eye-watering five-figure sum – and that’s before you’ve shelled out to get the new home redecorated to your taste.
However, if you spend that money on your current home, you can provide extra space and transform it.
Unlike all those cheques we write when we move home, builders’ bills don’t represent “dead money” – plan wisely and you can increase your home’s value by much more than you spend.’
Some of the other results revealed:
- More than a third (35%) of UK homeowners are bankrolling their renovations to the tune of between £20-40k.
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Homeowners are investing up to one fifth of the value of their homes into renovation projects.
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Today’s homeowners are aware of the importance of the design in the whole process, with 46% of those questioned, stating that the quality of the design work has the biggest impact on the success of a renovation project
Architect Your Home operates nationwide with a network of more than 46 architects and has developed a unique pay-as-you-go service that makes architectural design accessible to all home improvement projects, regardless of their size, complexity or budget.
Web: http://www.architect-yourhome.com
Tel: (0800) 849 8505