Lockdowns spark surge in home construction

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    Lockdowns have brought a surge of interest in home improvements for families in the county.

    Almost half (48%) of households are considering having work done, according to a survey conducted for the league of credit unions. The research shows that comfort and warmth (60%) and saving money on energy (56%) are the two main drivers of home improvements here.

    The kitchen (61%) is the room most households would like to improve, with bathroom (47%), and living room (38%) also popular.

    Credit Unions are the source most local families turn to when they want to borrow for home improvement.

    The research was commissioned by the Irish League of Credit Unions, Energia and House2Home to mark the nationwide launch of the CU Greener Homes Scheme.

    The research found that 65% would spend €5,000 on home improvements, with 19% planning to spend more than €10,000.

    Credit Unions are the source most local families turn to when they want to borrow for home improvement. 72% of those who borrowed to finance their home improvements in Munster did so from a Credit Union, above the national average of 68%.

    More than half of local respondents (53%) were unsure of what supports and grants are available compared to 60% nationally.

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