Homebuyers 'could save money thanks to DIY projects'

Homebuyers 'could save money thanks to DIY projects'First-time buyers or people hoping to move house in the near future with a penchant for DIY might find that their home improvement skills save them money when purchasing a new home, Firstrung has suggested.

Chief executive officer of the buying solutions company Paul Holmes stated that people looking to get onto - or move up - the property ladder could find it cheaper to purchase a house at auction.

And he added that DIYers in particular might be able to save a large amount of money.

"If you find one in slight disrepair you can have ten to 15 grand knocked off it, then deal with the repairs for £1,500," he said.

Figures taken from the latest Halifax House Price Index recently showed that the average property value in Britain increased by 1.4 per cent in November compared to October - to £167,664.

It was the fifth consecutive month that house prices had risen in the UK.

N.B. The information contained in this story is provided by the supplier and does not necessarily reflect the views and opinions of lets-do-diy.com.

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