Home Renovation on a Budget

Navigating the Cost-of-Living Crisis

Amid a prolonged cost-of-living crisis in the UK, where wages are stagnant, inflation is high, and interest rates are on an endless roller coaster, homeowners are finding solace and a sense of normalcy by strategically investing in their living spaces. Despite economic difficulties, the desire for comfort, functional and modern interiors has resulted in an unforeseen boost in consumer confidence.

In light of the current challenges, The Mobility Furniture Company’s experts have recommended nine practical ways to help renovate your home on a budget in 2024, to encourage calm living spaces while balancing interior design, energy efficiency, and the ongoing cost-of-living crisis.

1. Minimalist Principles
2. Upcycling
3. Versatile Living Areas
4. A Heated Recliner Chair
5. Insulate
6. Reduce drafts
7. Water Conservation
8. App Controlled Appliances
9. Local Government Initiatives

Nine Ways to Renovate on a Budget in 2024

1. Minimalist Principles

Our go-to minimalist principles includes limewash paint, a limited colour scheme, on/off storage, strategic focal points, and coordinated storage for balance and openness. Limewash paint, with its subtle chalky texture, can create a clean and tranquil aesthetic through muted tones. As well as adding depth through its unique interaction with surfaces.

2. Upcycling

Repurposing vintage or second-hand store furniture is a creative, budget-friendly, and sustainable option. Which can help fight the climate crisis in a practical and feel-good way.

In the UK, about 22 million pieces of furniture are thrown away each year, primarily going to landfills, according to a 2018/19 report by The North London Waste Authority. Climate action NGO WRAP suggests that this results in 670,000 tonnes of furniture waste annually, much of which could be repurposed.

3. Versatile Living Areas

Invest in furniture that serves dual purposes, maximises space and functionality, for example, a sofa bed or a dining table with storage space. Versatile furniture setups like circular tables in the living room, children’s bedrooms or home office can create a more comfortable space when lounging or working from home.

4. A Heated Recliner Chair

Opting for a heated recliner chair is exceptionally energy-efficient, costing 20p per day and saving £72.80 annually or £1.40 per week on central heating. The adjustable chair offers comfort, support, and includes an in-built heating pad for warmth in the back, hips, and legs, alleviating discomfort in achy joints.

5. Insulate

Improving home insulation can minimise energy usage and maintain comfortable indoor temperatures. Installing an insulation cover on your hot water cylinder can result in yearly savings of £45 (£40 in NI) on heating expenses and a reduction of 155kg (215kg in NI) in carbon dioxide emissions.

6. Reduce drafts

Shades and blinds can enhance privacy, energy efficiency, and style. While double or triple glazing and heavy curtains can reduce drafts, energy costs, and contribute to a sustainable home, patterned draperies can create focal points, textured panels add detail, and sheer panels offer a soft layer against harsh light or objects.

7. Water Conservation

Switching to low-flow toilets, faucets, and showerheads cuts water usage without sacrificing functionality. To conserve water heating, fix leaks, insulate hot water lines, and select energy-efficient A+++ rated white goods; however, note that energy efficiency labels may vary for different product types.

8. App Controlled Appliances

Investing in smart home devices saves energy and allows remote control. Smart thermostatic radiator valves contribute to room-by-room temperature control and overall energy efficiency.

9. Local Government Initiatives

Explore local government incentives and rebates to maximise cost-effectiveness, offered by local housing authorities across England, Wales, Scotland, and Northern Ireland. If you have a disability in England or Wales, explore ‘Disabled Facilities Grants’ for home adaptations. Visit your local authority’s website to check for availability, means-testing and financing guidance.

Added, the link to Architectural Digest and Ikea can be removed if needed.