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DIY to make cost-cutting comeback

People worried about the value of their homes could return to doing home improvements themselves rather than paying outside labourers, a building and renovation expert has suggested. Jason Orme, editor of Homebuilding & Renovating Magazine, noted that during the ongoing credit crisis many people are not willing to pay for outside help when undertaking renovation projects. He also said that people are tending to take on more home improvements rather than moving home simply because they are finding it harder to sell their property. Mr Orme added: "People are keeping a much tighter eye on their cash this year than they have in previous years and I think that actually there will be a return to people trying to do work themselves rather than paying labourers to do it." Furthermore, research carried out by Zurich Insurance in May this year found UK homeowners spent £1.5 million last year fixing DIY projects that had gone wrong.

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