Cost-of-Living Crisis Sees More Homeowners Choosing to Improve Rather than Move

Cost-of-living crisis sees more homeowners choosing to improve rather than move

More homeowners are choosing to improve rather than move, according to research.

UK Homeowners are borrowing more to renovate, and not relocate - IFA Magazine

A growing number of UK homeowners are choosing to renovate their existing homes rather than move, with fresh data from Pepper Money revealing a marked increase in the use of secured loans to fund home improvements. Faced with high mortgage rates, steep relocation costs, and limited housing supply, homeowners are finding smarter ways to adapt their homes for changing needs—driving a national trend towards “improve, don’t move.” Monthly UK search …

Half of SMEs have financially supported employees during the cost of living crisis - Credit Connect

New data Purbeck Insurance Services has found that 51% of SMEs have supported employees financially during the cost-of-living crisis. With only a third of Britons describing themselves as financially comfortable, according to a recent YouGov poll, SMEs are stepping up to ease the burden on their staff. Despite facing economic headwinds themselves, these businesses remain committed to employee wellbeing. Among those offering support, 49% have rev…

Over half of UK homeowners renovated their homes in 2024 as spending hits record levels

The latest Houzz report shows home renovations are booming as homeowners invest more in upgrades, repairs and outdoor living

How the Cost of Living is affecting people Part 130

Interviews and photos by Subhana Shiwmangal Stabroek News spoke to members of the public in Mosquito Hall, Unity, East Coast Demerara, Region Four about the rising cost of living and how it is affecting them. The article How the Cost of Living is affecting people Part 130 appeared first on Stabroek News.