Friday, 15 December 2017

Make a new kitchen your top priority to improve your home

Installing a new kitchen is the number one renovation among homeowners in the UK, new research shows.

Installing a new kitchen is the number one renovation among homeowners in the UK, new research shows.

Comparison website Gocompare.com found that updating kitchens (42 per cent) topped the list of home improvements carried out in the last three years, while it is also the top improvement planned for the future (34 per cent).

A new bathroom (41 per cent) was the next most popular home renovation since 2010, followed by a new boiler or central heating (31 per cent).

People also splashed out on an extension (18 per cent), gave their garden a makeover (11 per cent), knocked through rooms to create more space (11 per cent), installed solar panels (eight per cent) and went for an attic conversion (six per cent).

Fitting new kitchen cabinets and worktops around a new cooker and other domestic appliances can improve or increase living space and add to the value of a property, just like any other home renovation or extension. In doing so, the value of the property’s rebuilding costs and household contents can also increase. Worryingly, however, 43 per cent of home owners who undertook major home improvements in the last three years didn’t inform their home insurance provider of the changes they had made, potentially invalidating their home insurance.

“Whether you are planning an extension, installing a new kitchen or other major renovation, you should consult your home insurer before you start work so that you can review your sum insured and make sure your plans don’t invalidate your cover,” advises Mark Greening, Gocompare.com’s home insurance spokesperson.

“Premiums are partly based on the cost of rebuilding the structure of your property, so your insurer will want to know about any renovations which affect the value of your home.” He also recommends thinking about the aesthetics of a renovation, including security, as most insurers offer discounts for properties fitted with good quality door and window locks and burglar alarms.

Ed Church, FROM Strutt & Parker, which has an office in Pangbourne, says: “If you’re thinking of doing work, a kitchen renovation should be at the top of your list, since it’s the heart of a home - the room where families spend most of their time.”In terms of future home improvements, an extension (30 per cent) was second on the list, followed by a new bathroom (29 per cent) and a garden makeover (20 per cent). A new boiler or central heating (15 per cent), attic conversion (11 per cent), knocking through rooms (eight per cent) and installing solar panels (eight per cent) are also popular. “Upgrading to stainless steel appliances and installing countertops made from engineered stone or granite are fairly easy changes will improve the aesthetic appeal of the kitchen space and appeal to potential buyers,” adds Mr Church.

INSTALLING a new kitchen is the number one renovation among homeowners in the UK, new research shows.

Comparison website Gocompare.com found that updating kitchens topped the list of home improvements carried out in the last three years (42 per cent), while it is also the top improvement planned for the future (34 per cent).

A new bathroom was the next most popular home renovation since 2010 (41 per cent), followed by a new boiler or central heating system (31 per cent).

People also splashed out on extensions (18 per cent), gave their garden a makeover (11 per cent), knocked through rooms to create more space (11 per cent), installed solar panels (eight per cent) and went for an attic conversion (six per cent).

Ed Church, of Strutt & Parker, which has an office in Pangbourne, says: “If you’re thinking of doing work, a kitchen renovation should be at the top of your list, since it’s the heart of a home. It’s the room where families spend most of their time.

“Upgrading to stainless steel appliances and installing counter tops made from engineered stone or granite are fairly easy changes which will improve the aesthetic appeal of the kitchen space and appeal to potential buyers,” adds Mr Church.

Fitting new kitchen cabinets and worktops around a new cooker and other appliances can improve or increase living space and add to the value of a property, just like any other home renovation or extension.

In doing so, the value of the property’s rebuilding costs and household contents can also increase. However, 43 per cent of home-owners who undertook major home improvements in the last three years did not inform their home insurance provider of the changes they had made, potentially invalidating their home insurance.

Mark Greening, Gocompare’s home insurance spokesman, said: “Whether you are installing a new kitchen or other major renovation, you should consult your home insurer before you start work so that you can review your sum insured and ensure your plans don’t invalidate your cover.”

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