Home Improvements on the Increase Proving they truly are Recession Proof

Jan 18
15:00

2013

Paul Dexter

Paul Dexter

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Last year was a excellent and profitable year for the home improvement industry even with the recession, sales of Conservatories, UVPc Roofline, Windows and Doors and even Driveways and Patios where all much higher than expected

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So why does the home improvement industry appear to be recession proof when so many other industries are not only reporting record loses but are making 100’s if not 1000’s of staff redundant or in extreme cases going into liquidation leaving staff and customers enraged,Home Improvements on the Increase Proving they truly are Recession Proof Articles the answer is straightforward, no matter how bad the economy currently is your money will always safe in property, and even if you are currently stuck in negative equity the housing market will recover and with interest rates at an all time low your savings will make a better return over the years if invested in your home, so because of this fact home improvement companies throughout the country have enjoyed record sales.

Another factor is that the overall cost of home improvements is a lot less expensive than it was say five or ten years ago, this doesn’t mean that back then these companies where simple overcharging customers for their products and services, not at all, it’s a number of other factors, one being that manufacturing techniques have improved bringing the initial cost of parts down and another factor is the success of the internet which now means that many companies no longer have canvassers or telesales teams to pay and prefer their customers come to them direct via their website.

The types of improvements that UK homeowner prefers are the ones that put the most value on their property for the lowest overall cost. Conservatories are currently extremely popular, and with planning permission now more relaxed for conservatories, adding an additional room to your home greatly increases the value of any property, and with many people now choosing DIY Conservatories over fully fitted bespoke conservatories the initial outlay can be very low indeed. Another popular improvement is roofline replacement; UPCv roofline (Fascias, Soffits and Guttering) is long lasting, very easy to clean and doesn’t rot like wood so greatly increases the value of any home with potential buyers seeing UPCv roofline as maintenance free and an excellent investment, same goes for UPVc Windows and Doors which are again far more superior that their wooden counterparts and in addition come with increased security features.

Another home improvement that is currently very popular with UK homeowners is driveway replacement. The cost of a replacement driveway has been drastically reduced over the past five years, not only due to the driveway companies new and more modern approach to sales and marketing because of the popularity of the internet but because or brand new technologies such as imprinted concrete, imprinted concrete driveways are currently a new trend with many bespoke driveways companies offering imprinted concrete as well and the more expensive block paving option, These driveways are long lasting, weed free and can increase the value of any home, imprinted concrete isn’t just for driveways, it has become very popular for paths and patios.

In summary, you can safely and confidently improve your home and not lose your money or end up further into negative equity, the well known motto 'don't move improve' that was coined by a number of well known companies is being used a great deal more now on many home improvement and home improvement loan and finance websites, with many companies offering things such as 'buy now pay later' as well as 0% deposits and interest free options making this the best time to go ahead with all those home improvements and repairs that you always wanted.