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Friday 8th of August 2008 07:23:12 PM  

 

Investment Property News - Bueno Investments Limited


Rise In Demand For Open-Plan Living

UK property investors are being urged to tap into a surge in demand for
open-plan housing.

It comes as a study by Halifax Home Insurance found 2.9 million rooms have
disappeared in the last five years as homeowners knock down walls to free-up
space.

And an estimated 2.1 million homes are set to remove at least one room this
year, with the dining room the most popular room to lose.

Many people say they decide to demolish the adjoining walls as they have no
need for a formal eating area.

Living rooms are the second most popular to knock through as householders
look to expand their leisure space.

David Rochester, head of underwriting at Halifax Home Insurance, said:
"Britons have clearly fallen for open-plan living and are looking at ways in
which they can make better use of the space inside their homes.

"Not only do we urge homeowners to make sure a qualified person carries out
any structural work to their home, we also recommend seeking the advice of a
qualified structural engineer before progressing work to knock down any
walls."

Copyright © PA Business 2008

http://www.buenoinvestments.com/uk_property_investment.php (UK property)

http://www.halifax.co.uk/home/home.asp (Halifax)




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