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£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: - 32 must-read tips for your project - 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 ...and more!