Brits Spend on DIY Hits £9.5 Billion

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Lending Stream suggests short-term loans options for those strapped for cash

Research from Lloyds TSB , has shown that UK household expenditure on DIY totalled £9.5 billion in 2010, with over half (£5.6 billion) spent of on materials such as paint, wallpaper and plaster. Since 2000, spending on tools and equipment rose by 55% to £3.89bn in 2010, showing that appetite for DIY is as strong even in the current economic climate.

With increasing interest in DIY this summer, Lending Stream – a short-term loans company, recognises that some people may struggle to find the cash to complete necessary improvements, if needed. As a possible solution, Lending Stream recommends that a short-term loans, a payday loans alternative could help cover the extra spend on renovations.

Lending Stream short term loans can be availed online so as to get money safely transferred into a bank account on the same day, much like an instant payday loans. Lending Stream’s average short term loans amount is £200. However, short-term loans can be offered at amounts between £80 and £720.

SA short-term loans provided by Lending Stream, unlike other payday loans, can be paid back anytime over a period of six months. This allows the borrower more time to pay back thethe short-term loan loans comfortably without upsetting their monthly budget.

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