DIY may damage your health and knock down your property value
October 10, 2010
According to a study undertaken by the insurance firm LV=, around 27% of homeowners admit they have undertaken electrical jobs without professional help, while 22% have attempted plumbing work, and 9% have tried their hand at structural improvements, such as removing walls. A further 6% have even tried to carry out major building work themselves, such as a loft conversion, while 3% have tackled potentially dangerous gas repairs.
Whilst many homeowners have carried out the improvement works in the hope of increasing the value of their property, if the work is done badly, it could actually reduce a home's sale price by as much as 5%. Not only can bungling a job be dangerous and costly to put right, it could invalidate your home insurance cover and make it difficult when it comes to selling. Yes, we all want to save money but remember that carrying out home improvement works that you are not confident with may well be a risk too far. If in doubt, contact a professional.
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