Home renovation causes young Londoners to overspend

renovation

DNL Klos deliver renovation projects to homes across the whole of London, from Wimbledon to Woodford. This week we’re sharing research revealing that people tend to go over budget with home renovation projects. We offer competitive pricing and deliver a professional service within deadlines, so for us this is less of a problem!

The research, published by Direct Line Home Insurance reveals that:

 

– 23 per cent of movers go over budget when redecorating or renovating a new propert

– Homeowners budget £10,040 to complete renovations on new home purchases

– 30 per cent of young people go over budget on renovation works

– Londoners are most likely to underestimate costs

 

The statistics revealed that Londoners are more likely to go over budget, as they put aside just £6,278 but end up paying out £11,128 to complete refurbishment work on their properties.

 

Head to the original article here to check out the fantastic images of the galleries post re-development, and to hear from Sir David himself about the project. To check out some of our own renovation work, head to our projects page.

 

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