Kitchen and bathrooms ‘are big selling points’

A modern bathroom and kitchen are important features when putting a house on the market, according to the Federation of Master Builders (FMB).

In news that may interest those looking to sell a house in Scotland, director of external affairs at the FMB Brian Berry stated that consumers can expect to make their money back on a modern kitchen.

He added: "If you spend about £5,000 – £7,000 you will get more than your money back because a lot of people that are buying in a falling housing market will not want to be investing more money."

Mr Berry noted that more elaborate renovations may not provide consumers with their money back but noted that up-to-date kitchens and bathrooms are solid selling points.

In other news that may prove interesting to those planning to buy or sell a house in Scotland, the Council of Mortgage Lenders recently noted that 2007 was the strongest ever for gross mortgage lending, with figures reaching £362 billion during the 12-month period.