Adding space 'could attractive property buyers'

Property owners could benefit from adding space to their homes, it has been claimed New research has suggested that property owners may put themselves in a good position in the market by adding space to their homes.Property owners could put themselves in a strong position by adding space to their homes, it has been suggested.

In news which may interest those considering renovation work or conservatory quotes, research by Co-operative Bank Mortgages found that 27 per cent of those looking to move are doing so as they want more space.

The study also found that 54 per cent of people are more optimistic about the market, which suggests those looking to sell could benefit soon.

John Hughes, director of retail banking at the Co-operative Bank, said: "With much speculation about green shoots of recovery in the housing market, the findings do indicate that consumer optimism is starting to return, although there clearly still remains some way to go."

Recent figures from HSBC found that property owners could increase their home's value by £7,042 by having adding a conservatory.

Written by Jack Smith ADNFCR-2394-ID-19334038-ADNFCR

Article Added: 27/08/2009 11:47:32

If you found this article useful, please feel free to share it with others

Home improvement: Falling house prices 'promote DIY'
More homeowners could be looking to carry out some DIY projects as a result of falling house prices, people seeking bathroom quotes have been told.

Home improvement: Empty properties should be converted for living
Property developers urged to play a role.

Home improvement: DIY skills 'to be extinct by 2048'
DIY skills amongst men are anticipated to dwindle in the coming years, people searching for kitchen quotes have been told.

DIY is at an 'all-time high', expert says
Homeowners looking for kitchen quotes have been told that the number of people taking on DIY projects is at an "all-time high".

Kitchen quotes: Tips for cheap home improvements
People looking to compare kitchen quotes should follow these tips for cheap updates around the home.

Improve Your
Home Categories

Energy saving for the home

Home improvement news