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Botched DIY jobs cost homeowners a fortune

Cherry Reynard
Written By:
Cherry Reynard
Posted:
Updated:
23/02/2015

UK homeowners are spending a fortune rectifying dodgy DIY projects, with 3.3 million people spending an average of £3,200 correcting mistakes.

The research from Lloyds Bank shows that almost half of homeowners (44%) have completed significant home improvements in the past or plan to in future. Around a third of these make changes to add value to their homes.

Around one-in-ten say they have had large scale DIY projects go wrong. The average cost of a DIY job is £4,000, and the average cost of repairing the damage is £3,200. Over half (54%) of people believe the cause of the issues was down to shoddy workmanship.

When the job is done correctly, the perceived value of some home improvements mirrors how much people spent on projects. For example, nearly three-in-ten (29%) of the total number of homeowners who carried out work believed they had added £10,001 to £25,000 to the value of their home.

This is compared to 31% of the total number of homeowners who said it had cost them the same amount to complete the project.