Quarter Of Homeowners Landscaped Gardens Over Summer
The summer is always a busy time for homeowners wanting to improve their gardens, and recent statistics have shown that just under a quarter landscaped their outdoor space in the three months leading to September.
According to research by AA Financial Services, 23 per cent took advice from garden designers in Somerset and other parts of the country and landscaped their gardens during the third quarter of the year.
Your Mortgage revealed they spent an average of £796 to transform their yards, with one per cent choosing more elaborate designs and putting aside £5,000 for perfectly manicured gardens.
The findings showed many homeowners wanted beautiful gardens so much that 23 per cent borrowed money for the project, while 49 per cent dug into their savings to complete the job.
David Searle, AA’s director of financial services, suggested homeowners who want to update their property’s interior and exterior should look at some finance deals for funding.
“Borrowing money from family members can put tensions on relationships and the seemingly heavy reliance on savings should be measured because people need to protect their nest eggs for a rainy day,” Mr Searle commented.
Instead, there are some good value personal loans available, while getting better rates for savings and mortgage products could boost household finances to be able to fund more DIY tasks in the future.
This is especially useful advice after GoCompare Home Insurance revealed many homeowners embark on home improvement jobs, with 25 per cent having renovated their garden in the last five years. This included the nine per cent who fitted patio or decking and the 16 per cent who installed a new garden building, reported Property Wire.