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20
Jul
2009
Landlords can make the biggest returns on investment by making simple alterations to their properties, a new survey has claimed.Research from Halifax suggested that small home improvement changes are the best way to raise the value of homes.The most effective measures that can be taken are changing fuel efficiency and energy saving features, due to the rise in popularity of green practices.Also, making home security improvements was heralded as a wise investment move.Upgrading gardens, redecorating houses and completing loft conversions were other steps recommended by the study results."This research has shown that it is often the low cost, straightforward home improvements that are perceived to add the most monetary value to a home," said Stephen Noakes, commercial director at Lloyds Banking Group."These can be simply carried out at minimum expense and without the need for specialised tools or materials," he added.The research was part of the annual Halifax Home Improvement survey.Get a landlord insurance quote today from Simple Landlords Insurance.