Over-50s seek to feather their nest

Yorkshire Post - Property - - FRONT PAGE -

AT a time when the hous­ing mar­ket and the econ­omy con­tinue to strug­gle, a Saga sur­vey shows 3.7mil­lion over-50s could be look­ing to make ma­jor al­ter­ations to their home in the next 12 months.

The Saga sur­vey of more than 10,000 over-50s also showed the most pop­u­lar al­ter­ations were new kitchens (31 per cent) and bath­rooms (31 per cent), fol­lowed by con­ser­va­to­ries (10 per cent). By far the big­gest rea­son for mak­ing al­ter­ations is to keep up with new fash­ions and mod­ernise their prop­erty (44 per cent). Al­most one in ten of those mak­ing al­ter­ations are hop­ing to cre­ate their dream home. Many say they will al­ter their ex­ist­ing home, rather than buy­ing a new one.

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