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11% of All Homes in Need of Major Improvements

October 10, 2013
Housing

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p>A survey by the Halifax Building Society has found that 11% of homes in Britain require major improvements while over half are in need of minor works. Researchers classified major works as those requiring professional help, while minor works were considered those that could be undertaken by homeowners. Senior Claims Manager at Halifax, Martin Foulds, said; “We all invest a considerable amount of time and money in our homes, so it’s worth making sure this investment is adequately protected, yet more than a quarter of people (27%) are unaware of what is and isn’t covered by their home insurance policy.?

In the past five years home owners surveyed had spent an average of ?5,841 on home improvements with 5% spending over ?20,000. The North West of England showed the highest levels of disrepair, with Hartlepool topping the individual list. Properties in Aberdeen and Dundee were judged to be the best maintained in the UK. The study will no doubt be of interest to new Housing Minister, Kris Hopkins, who is a former leader of Bradford Council. Taking over this week from previous post holder Grant Schapps, Mr Hopkins will have a reduced portfolio and fewer policy making responsibilities, a move that hasn?t impressed National Housing Federation Chief Executive, David Orr, who commented; ?we?re surprised and disappointed that, given the scale of the housing crisis and how crucial housing is to the country?s long-term economic recovery, the Government has decided that the housing brief should be taken up at an Under Secretary of State rather than Minister of State level.”