4 minutes | Thursday, 5 April 2018
High property prices, stamp duty, a slowing market, looming interest rate rises and even the uncertainty about how the property market is going to fare post-Brexit, are all crucial factors as to why many are choosing to invest in their current home instead of looking elsewhere – according to a new report released today.
The Hiscox Renovations and Extensions Report highlights the number of homeowners choosing to stay put and invest in their existing property instead of moving, has soared in the past five years – up to 15% of all homeowners from 3% in 2013.
Joining us in the studio to discuss the report findings is TV expert Charlie Luxton and Phil Thorn from Hiscox. Together they will also be dishing out advice on the best ways to extend or renovate your property to create extra space and add value.