Home improvement costs up 20% - Property Makeover Price Guide 2008
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All material should be attributed to RICS on publicationAbout RICSRICS (Royal Institution of Chartered Surveyors) is the mark of property professionalism worldwide. Any copying of RICS images are subject to the strict agreement that such imagery will not be sold or otherwise transferred to any third party or modified without the permission of RICS. For example, roofing costs have risen by 26%, plumbing and electric work by 22% and painting has risen by 17%, all outstripping inflation over the past two years.The guide also allows readers to adjust the figures for their particular location. Given that the cost of home improvements rose by 20 percent over the past 2 years compared with only eight percent in average wage growth, many homeowners are opting to act now rather than paying more further down the track. It covers all aspects of property, construction and associated environmental issues. It covers everything from inspecting blocked drains to fixing window panes, from replacing chimney pots to doing a loft conversion. Many are choosing to stay put and renovate or extend in order to upgrade their property rather than taking on more debt in a falling market. RICS has 140,000 members globally and represents, regulates and promotes the work of property professionals throughout 146 countries. RICS is governed by a Royal Charter approved by Parliament which requires it to act in the public interest. The Property Makeover Price Guide: Organising and Budgeting for Home Improvers & Developers, 2nd edition is priced £17.99 and can be ordered online at www.bcis.co.uk or by calling T +44 (0)870 333 1600 (select option 2 for BCIS sales and quote item code 17381). There is to be no advertising/sales aspect involved in the use. This is no more evident than in the various trades where the cost of materials have pushed up the overall costs.
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