Home improvements are more 'cost-effective' than moving

Home improvements are often more cost-effective than moving properties, one specialist has underlined.

However, it is important that people plan their renovation work thoroughly, with money saving expert Martin Lewis emphasising that individuals should calculate exactly what they need to complete such tasks.

"Staying and improving as opposed to buying somewhere else is often a pretty efficient way – it can add money onto your house price if you do it right," Mr Lewis noted.

He also urged that, once people have established the requirements of their work, they should not be convinced to buy extra products that are not needed for the renovations.

It seems that more individuals are now considering DIY work in the current economic climate, with Ideal Home Improvement ambassador George Clarke stating that home improvement is currently making a big resurgence in Britain.

Mr Clarke remarked that homeowners are now looking for new ways of saving money .