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Bank claims: Brits 'borrowing money for home improvements'

Some homeowners are incurring loan charges so they can afford to undertake home improvement work over Easter.

This is according to, which pointed out the bank holidays and breaks that take place at this time are giving members of the public the hours they need to perform DIY.

It suggested individuals research the market before taking out any money to ensure they find the best interest rates and avoid unnecessary bank charges.

Director of money at the enterprise Simon McCulloch argued people will be able to find a "great loan that best suits their circumstances" by looking at information from a range of businesses.

"Many people have found that Easter is the perfect time to commission work to improve their home," he added.

Brits are also likely to shop online over the Easter period and are more knowledgeable about how to save money over the internet than they used to be, Standard Life recently stated.

Samantha Clarke
Samantha is a former banking assistant and has over ten years experience in retail banking.ADNFCR-2776-ID-801337583-ADNFCR

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