Consumers opting to revamp their homes

Demand for wood kitchen products may be high at present in the UK. According to research conducted by the Royal Institution of Chartered Surveyors (RICS), many consumers are opting to engage in home improvements rather than moving to new properties.

The organisation suggested that Britain’s property market is “stuck in the doldrums” and said homeowners are increasingly opting to enhance their existing abodes as opposed to relocating to new premises.

More than 50 per cent of the chartered surveyors it polled noted that the slow sales market is prompting individuals to work on their current houses and flats rather than upping sticks.

Meanwhile, the organisation pointed out that this trend is nationwide. However, it suggested the north-west of England is a particular hotspot.

RICS went on to advise consumers to be savvy when making improvements to their homes. It said: “Most properties have expansion or improvement potential, but we would advise homeowners to think about how much they are investing and their key motivator before undertaking major projects.

“It is important to consider the style and age of the property before undertaking any works. Remember, when you do eventfully look to sell, what appeals to you may not appeal to potential buyers.”

It added that “costly disappointments” can be avoided by sufficient planning and research.

Luckily for consumers, it is now easier than ever to source the products needed for domestic revamps. For example, people can head online to peruse the range of traditional kitchen products available.

Indeed, items like this may be in particularly high demand. RICS noted that the addition of a new kitchen was the most popular property alteration among those conducting work to their properties. This is no surprise. Kitchens are important spaces within homes and they are often one of the areas potential buyers pay most attention to.