What makes you feel at home? A recent survey1 has highlighted that, for many Brits, it is about more than just bricks and mortar. When asked what was most important, family photos came top of the list, followed by fresh bed sheets and a full fridge. Books, blankets, and a TV were also popular.
Comes at a cost
While the feeling of being at home may be priceless, each household spends an average of £593 every year on items that make them feel more relaxed and comfortable. The biggest spenders are those living in Greater London, with an average of £953 coming out of most bank accounts. Interestingly, 25 to 34-year-olds were found to be the age that spent the most, while over-55s splashed the least amount of cash.
Protect your possessions
It is perhaps unsurprising that 55% of respondents said they would be disappointed if their beloved belongings were damaged. However, a third admitted that they did not have home contents insurance; renters in particular are unlikely to have the right cover.
If you want to protect your prized possessions, or you would like mortgage advice to help find your dream home in 2024, get in touch.
1Aviva, 2023
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments.
