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£2.6 billion of accidents around home are as a result of DIY

Thursday, May 3, 2007

Category: Home Improvements

As another Easter Bank Holiday passes us by, home improvements seem to be the one thing on everyone’s minds.

Research from Churchill Insurance highlights how a fifth of householders spend their Easter weekend doing some kind of home improvements, whether it’s painting, decorating or renovating. Their research also highlights the need for proper home insurance cover should homeowners have a DIY mishap.

New research reveals that Brits are having £2.6 billion of accidents a year whilst doing DIY. An astounding fifth of householders have accidentally damaged their home or its contents in the past year whilst doing DIY and one in 10 have caused accidental damage at least once. A further ten per cent have damaged their home on two or more occasions in the past year.

Some examples of DIY disasters touched upon by research conducted by Churchill Home Insurance include; falling off a ladder and breaking furniture, spilling paint on the carpet and/or furniture, getting white spirit on the sofa, dropping a hammer on a glass table, drilling into a water pipe and hammering a nail into an electric cable.

From the research the competence of householders is also highlighted. Over half of householders, 51%, admit they are not very good at DIY and household maintenance and eight in ten, 79%, wish they were better at DIY. It seems that time management and also persistence in learning skills properly were also issues.

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For homeowners wishing to carry out home improvements, a secured loan could help fund essential property touch-ups. Whether home owners are looking for finances for small jobs like decorating or painting or for larger jobs for example loft conversions or bathroom refitting a secured loan could be the answer. Why gamble with botched DIY jobs when a professional contractor or painter could easily be called instead? Secured loans can usually be repaid over a term to suit borrowers from 5 to 25 years and are secured on homes.
Typical 10.4% APR variable
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