Survey reveals how home owners fail to budget properly for improvements

Almost two thirds of people in Britain overspend when it comes to home improvements and DIY, usually because they have not budgeted for the work, new research has found. Overall 65% said they spent more than anticipated and 68% said they did not set a budget in the first place, according to a survey by online marketplace Rated People that connects home owners with tradespeople. It said that this amounts to people overspending on DIY and home improvement projects by £307, equating to £3 billion nationwide with some 10 million people doing a DIY/home improvement project last year.