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    Funding DIY work 'should be thought about carefully'


    Funding DIY Work - lets-do-diy.comThose looking to get to grips with DIY projects should first consider how such work will be funded ahead of picking up any tools, it has been claimed.

    Writing in a piece for lovemoney.com, Paul Taylor states those working on a property with the eventual intention of selling it on need to think about the cost of exit and setup fees while they search for a mortgage.

    However, those looking to carry out less substantial work were also advised that "it's still worth considering carefully how you are going to pay for it".

    In an effort to cut down on DIY costs, he suggests people should look to reuse and recycle materials as much as possible.

    Using a credit card to fund purchases worth more than £100 was also recommended by Mr Taylor.

    Such advice comes as figures released by Sainsbury's Finance earlier this year showed that £4 billion worth of personal loans were taken out last year to pay for home improvement projects.

    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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