New research has shown that more than three quarters of Brits are happy in their current home, and almost a third see it as their home for life.
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Due to the economic climate and the housing market being in turmoil, people in the UK are instead opting to improve the home they live in, rather than upgrading to a new one. The poll found that households spend an average of a staggering £23,000 over their lifetime to make their homes right - from redecorating and building extensions, to accessibility changes, such as installing a stair lift or safety gate.
The top reason for making changes to a home was to boost value, with almost a quarter of people admitting to this, so perhaps people are optimistic that the property market will take an upturn soon. The research was commissioned by Age UK, for their new campaign which aims to keep people living independently in their home for longer.
Lucy Harmer, Head of Information and Advice at Age UK, said: “This research shows that people are taking a long-term view of their property and implementing steps to ensure that homes will be suitable in years to come. Whatever life stage people are at, home really does seem to be where the heart is and being able to adapt a property can make a positive impact on quality of life as we grow older".
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