DIYers should keep home insurance in mind

Individuals looking to carry out a spot of DIY may want to keep home insurance in mind.

Mistakes can happen when completing such tasks and this type of cover could provide a financial safety net should anything go awry.

And it appears an increasing number of householders are attempting their own home improvements, with new research from cashback site Quidco revealing many Brits are opting to fix up their current dwelling rather than moving to a new property .

It was shown that Brits spent £763,000 on DIY tools across the 2012 bank holidays alone, which is £277,000 more than during the same weekends in 2011.

Andy Oldham, managing director at Quidco, stated: “Home improvement and DIY offers a great option for those looking for a change, but [are] unable to stump up the cash required for a big move.”

According to the findings, spending on decorating has increased by 365 per cent since last year, while outlay on DIY has also risen markedly.

Home insurance is therefore likely to be a consideration for those worried such work might not go totally to plan.

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