Homeowners struggling to sell up for their desired price in a tough market have been advised to invest in home improvements to increase their chances.
Just recently the Halifax
House Price Index showed that average
property prices across the
UK fell by 2.4 per cent in May, leaving many Britons with the prospect of having to sell their
home for considerably less than they may have originally anticipated.
In order to get around this problem, growing numbers of people are investing in home improvement works, and, according to experts, this is likely to put them ahead of the competition when it comes to selling up.
Jane Walmsley, area sales director at Your Move, explained: "A new kitchen or bathroom will certainly make [a
home] more saleable. You would struggle to sell a
property without them when you've got loads on the
market and people are reducing to whatever they need to reduce to sell."
The comments come after the estate agents Spicerhaart reported that 71 per cent of its members believe a new kitchen to be the most worthwhile investment, followed by a bathroom and then a conservatory.
Anyone thinking of carrying out
home improvement work may want to protect their
furniture and possessions by taking advantage of
secure storage facilities.
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