Self-build consumer confidence high
Visitors to the London Homebuilding & Renovating Show in September said they were prepared to spend up to £123,000 on their property plans – a two per cent increase in spend from 2015.
The increase seems to buck the predictions that Brexit would cause uncertainty and slow down the market.
The capital city’s largest self-build event, The London Homebuilding & Renovating Show, sponsored by Anglian Home Improvements, saw an 11 per cent year on year increase in visitors. More than 18 per cent said their renovation or construction was under way and 44 per cent said it was due to commence within six months.
More than 350 specialist companies displayed their latest products and services to ensure that people attending the exhibition would be able to put theory into practice to bring life to a project, commence a build or complete a restoration.
Nick Noble, deputy managing director of organisers Centaur Home Interest Media, said: “Visitors haven’t been perturbed by the referendum or changed their property plans and are continuing to work on their live projects, for which they have also put a higher budget aside. If we fuel this momentum, we’ll become a nation of self-builders, contributing proactively to increase the UK’s housing quota.”
Next year’s London show will be held at ExCeL, London, from 22-24 September 2017. The next event is The Northern Homebuilding & Renovating Show which takes place from 4-6 November at HIC, Harrogate. For more information on upcoming exhibitions, visit www.homebuildingshow.co.uk