<< Most Recent Articles

Brits 'spend billions on furniture'

Britons are spending billions of pounds a year on furniture and furnishings for their home, according to new research.

Figures from Halifax showed that during 2005, consumers spent a total of £135 billion on furnishing their homes, 70 per cent more than a decade earlier.

This works out to an average bill of £531.50 per household on furniture every year.

In response to the figures, Ken Stannard from Halifax urged consumers to avoid spending too much and manage their finances.

He said: "When it comes to furnishings, we all love filling our homes with creature comforts but this shouldn't leave you with empty pockets or paying high interest for months afterwards."

The firm also suggested various means of making sure that the furniture is well-maintained, such as keeping leather items out of direct sunlight and regularly plumping cushions on fabric settees.

Click here to see how much you could borrow with a Lombard Direct personal loan.

19/04/2007 16:31:14

Most Recent Articles