Keep interest down – let homeowners invest, say installers
24th November 2015

Keep interest rates low and encourage people to invest in their homes and properties to grow the economy and boost the building products industry. That is the strongest call from home improvement installers as revealed in a new survey.

The annual poll, among members of Leads2trade, also shows that over four fifths say 2015 was better than ’14 and a growing number say consumer confidence is as strong as it has been for many years and the ‘don’t move, improve’ axiom is still holding good.

On interest rates, a number also urged caution because, while low rates are boosting home spending, they see that a likely rise could trigger more people to hold on to their cash
Andy Royle, Director at the lead generation company said: “It’s been a great year for Leads2trade – which means it has been a great year for our members. We’ve generated a record number of leads in 2015 and our members have closed a record number of deals, off the back of these leads.

“Going forward there is clearly optimism but it is cautious optimism – with many installers saying that they fear an interest rate rise could dent consumer confidence, which has remained relatively strong despite the economic turbulence.”

www.leads2trade.co.uk