Posted by Aston Avery

Listen: when to spend on your home to save?

New research from OVO Energy has revealed that a third of homeowners (29%) haven’t made any modifications to make their home more energy efficient in the past five years. But it seems this is the year for change, with two-thirds (67%) of us planning home improvements in 2023.

On average, home renovators are planning to spend over £5,000 on their home improvements, while a quarter plan to spend upwards of £16,000.

Despite four in five (81%) UK homeowners believing their home’s energy efficiency could be improved, only a third (35%) are making renovations that would make their abode greener. This comes as the research shows the cost of living crisis has put a pause on two-thirds (67%) of homeowners renovation plans. Perhaps surprisingly, three in four (76%) renovators reveal they’re prioritising cheaper design-focused jobs such as painting, over more expensive improvements such as insulation and new boilers which could save them money in the long run.

Aston spoke to DIY expert Georgina Burnett a.k.a The Home Genie.

Photo by Eugen Str on Unsplash

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