Birmingham leads UK in home renovation loans as homeowners choose to improve, not move

Top UK cities for home renovation loans as homeowners choose to improve, not move

With local homeowners increasingly choosing to stay put and upgrade their existing homes rather than face the soaring costs of moving. According to new data from specialist lender Pepper Money, The city now has the third largest demand, with 9.1% of secured loans used for home improvements in this region – placing it third in the UK – with the average loan in the city hitting £27,875.

Birmingham leads UK in home renovation loans as homeowners choose to improve, not move

Homeowners in Birmingham are leading a national trend toward renovation over relocation, according to new data from specialist lender Pepper Money. The city now has the largest demand, with 13.4% of secured loans used for home improvements in this region — the highest of any region, with an average loan amount of £30,147.

How Clean Gutters Protect the Money You’ve Put Into Home Renovations

When you invest money in exterior renovations, whether it is a new roof, siding or some nice-looking landscaping, you expect […] The post How Clean Gutters Protect the Money You’ve Put Into Home Renovations appeared first on Light The Minds.