Six-point guide for SSIA home-improvers

SSIA accounts mature between May this year and April 2007. It is estimated that the average pay out will be around €13,000 and one of the account-holders’ priorities is budgeting for home improvements.

Many homeowners will be in a position to splash out on brand new kitchens, bathrooms and conversions without having to borrow the cash.

Homeowners may be concerned that the spending frenzy in this area will mean both a shortage of good available skilled tradesmen and a hike in building prices.