Wednesday, 27 April 2011

Home owners spend £30,000 on credit cards improving houses - Telegraph

Home owners spend £30,000 on credit cards improving houses - Telegraph

New research suggests typically one in five home owners have taken out a loan to improve their home.

The average amount borrowed is £14,000, but in some areas the figure is more than double that amount.

Residents in the West Midlands spend the most at £30,000, while those in Scotland spend the least at just £6,000, according to the report by price comparison website Moneysupermarket.com.

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