New research from LV= General Insurance has found that 86% of homeowners, equating to roughly 15 million adults, decided to make improvements to transform their house into their ‘forever home’.
The improvements include, redecorating in their own style (58%), refurbishing the kitchen (50%) and landscaping the garden (39%).
According to the data, 28% of homeowners living in their ‘forever home’ have stayed put and renovated their current home instead of moving further up the ladder, because they felt it was too expensive to do so.
Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale & lettings of properties.