AA Personal Loans: Brits focus on home comfort

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AA Personal Loans: Brits focus on home comfort

AA Personal Loans has conducted a survey which reveals that many Brits are focusing on making their homes more comfortable during the recession, rather than thinking about selling them.

The poll revealed five million people in the UK have decided against selling their homes during the credit crunch but that six million will be renovating their properties in the next 12 months.

More than half of these people (57 per cent) claimed that their motivation was to create a nicer living environment, while just 32 per cent said they are hoping to add value to their home.

Mark Huggins, head of AA Personal Loans, explained: "Homeowners [will] continue to make improvements, albeit for their own needs, not necessarily the needs of a future owner."

A recent survey by Sainsbury's Home Insurance found that increasing numbers of Brits are adopting a DIY approach to home improvements, rather than hiring professional contractors.

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