My Finances recommends home improvement

A top financial website has advised homeowners that taking out a loan and upgrading the home could help add to the value of the property.

Myfinances.co.uk said home improvement can help homeowners create their own dream home.

"A home improvement loan can help you finance the improvements youve long wanted to make on your home but never either had the time or money to actually carry your plans out," it recommends on its website.

"Not only can you get your home looking the way youve always pictured but you could potentially see a significant rise in the value of your property.

"Whether its an extension, conservatory, redecorating or the brand new designer kitchen or bathroom you’ve always wanted, a fixed rate home improvement loan can help give your home the makeover it deserves and make your dream house a reality."

A conservatory can be a great addition to the home, especially with winter approaching and the prospect of views over a snowy garden on Christmas morning.

Last month, 92 per cent of National Association of Estate Agents members said that adding an extension to the home could increase its value.