Halifax Home Insurance: DIY parents boost house prices by Finance News Bulletin
Published: 20/02/07
British parents are adding £334 billion to the price of their children's homes by serving out with DIY, according to new research by Halifax Home coverHalifax Home cover reports that the total takes into explanation value added to children's homes over a period spanning the last five years, often due to parents ' DIY skillsMartyn Foulds, senior claims boss at Halifax Home Insurance, spoke of his admiration for close relative's close relatives' handilabor on discovering the findings, claiming that extra household labor will "add significant value to a possessions"
"Regardless of who carries out the work - it is value making sure that you are covered for any damage done to the property Halifax receives around 50,000 claims a year as a consequence of DIY disasters, such as breaking pipes or drilling through wires," he remarkedThose aged between 18 and 24 are the most likely to ask for parental help in DIY matters, with Halifax Home Insurance reporting 84 per cent needing assist in the past five yearsHalifax Home cover currently offers a 25 per cent discount to clientele purchasing online and up
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