Spending on DIY has declined to its lowest level in over 15 years, according to research from Lloyds TSB, with the continued squeeze on household finances and a subdued housing market blamed for the squeeze. Last year saw a total DIY spend of around £7.8 billion, equating to a miserable £300 per household, and with [...]
DIY
DIY spend hits 15 year low
Spending on DIY has declined to its lowest level in over 15 years, according to research from Lloyds TSB, with the continued squeeze on household finances and a subdued housing market blamed for the squeeze. Last year saw a total DIY spend of around £7.8 billion, equating to a miserable £300 per household, and with [...]
Social tenants to be paid for DIY maintenance
Social housing tenants across England who look after the fabric of their homes are to be paid for maintenance work under a new scheme unveiled today by housing minister, Grant Shapps. Launching Tenant Cashback, Mr Shapps explained that social landlords spend an average of £1,000 per property annually on repairs. Whereas the new scheme will [...]
