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News Release from: Quotatis | Subject: Spring cleaning splurge
Edited by the Buildingtalk Editorial
Team on 18 March 2008
Credit crunch causes spring cleaning
splurge
Quotatis predicts 50 per cent rise in seasonal ritual as UK households get smarter about home maintenance.
It may be more associated with the 1950s housewife than the modern day British home, but Spring Cleaning is expected to hit an all time high this year Spending on home improvement projects is set to double as homeowners seek to add value to their properties
This article was originally published on Buildingtalk on 23 Mar 2006 at 8.00am (UK)
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The prediction comes as households across the country use this time of year to clear up and clear out.
However, this spring there's an added incentive as credit crunch fears are prompting homeowners to shore up existing investments - and Quotatis is already reporting a rise of 15 per cent in the number of requests it has received compared to last year.
"We always expect to see a slight uplift in business at this time of year," said Derek Vaughan, managing director at Quotatis UK.
"Spring is traditionally a popular time for people to focus on their homes as they feel energised and rejuvenated after winter".
"But this year will be different as Spring Cleaning is no longer just about pulling on the marigolds".
"Talk of a looming recession is impacting the way in which people think about their homes," said Vaughan.
"Fewer and fewer of us are thinking of selling up and moving house".
"Instead, we're seeing our current properties as long-term investments".
"As such, our homes need taking care of and any of the small maintenance tasks that we tend to put off from one year to another now need addressing".
"We're already experiencing an increase in requests received through our website, but we're expecting the figure to double as people get on top of household chores and protect the market value of their property," concluded Vaughan.
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