£10k spent during initial years of home ownership
Britons spend an average of £10,743 on essential costs such as furniture and property upgrades within the first five years of buying. A Furniture Choice survey shows homeowners will spend £700 on changing flooring, over £1,000 replacing or repairing windows and £3,140 on furniture and white goods – among other costs. “Budgeting for these purchases before you buy a house will indicate how much you will need to save,” says Tom Obbard from Furniture Choice. “Having an emergency buffer in place will limit any financial strain.”
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About Build It
Make 2018 your year to self-build with Build It's latest advice and inspiration-packed edition! This month's issue includes:
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- Expert guide to planning success
- The secret to a characterful renovation
- How to buy the right bricks
- Design ideas: windows & glazing
- Reinstating an old fireplace
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