Halifax: Homes take cover from brush-wielding owners

03 May 2007
With bank holiday weekend on the horizon, many homeowners are itching to crack open spare tins of paint and begin brightening up their home, Halifax Home Insurance warns.

As many as 46 per cent of homeowners are mulling over transforming their home, each planning to spend £13,800 on average to do the job.

But Doing It Yourself can be a fast-track to an insurance nightmare, Halifax warns.

Every year, 4.1 million households hasten to fix up the mistakes they've made, shelling out £670 million on correcting 'bodged' DIY jobs.

While homeowners take on DIY to improve the value of their house before putting it on the market, their efforts can have the opposite effect, remarked Halifax home insurance's senior manager of underwriting Vicky Emmott.

"Whilst well planned and executed home improvements can add significant value to a home, getting it wrong can be a disaster," she said.

Checking you have full buildings and home contents insurance should be your first move before picking up your paintbrush or hammer, she added.

Nevertheless, forging ahead with doomed home improvements can invalidate your insurance policy if you set out to undertake work you are not qualified for.

Find out more about Halifax home insurance

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