Halifax Property Insurance Sees Many Unfinished Projects

Published: 5/23/2010

Having surveyed homeowners across the country Halifax Home Insurance has found that around 1.7 million households have an unfinished renovation project that they have been working around for 2 years or more.

Of the people surveyed by the Halifax almost half of them said they just did not have the time to finish the job off, while nearly 30 percent said they could not afford to complete the work. It appears that the most common room that remains unfinished is the bedroom, perhaps because it is not a room everyone sees.

A Halifax Home Insurance spokesman, looking at the information, felt that effective budgeting at the start of the project could help more people get jobs finished. Taking a realistic view of costs rather than being overly optimistic is perhaps the biggest change to make.

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