A full set of Christmas decorations can be expensive
A Co-operative Bank study has revealed that people who like “Decorating their homes for Christmas could cost new homeowners as much as £1,000.”
While long-term homeowners will have built up their collection of Christmas decorations year on year, first-time buyers spending Christmas in their new homes will be starting from scratch. But by buying sensibly this cost can be drastically reduced.
By shopping around, the £1,000 cost can be cut to just £66, the Co-operative Bank calculates. This will buy a 6.5ft artificial tree with decorations and lights, outdoor berry lights and a Christmas wreath.
To keep costs down to a minimum, natural decorations such as sprigs, branches, holly, mistletoe and pinecones can be made at home.
David Newman, director of marketing management at the Co-operative Bank said, “I am sure finding the money to buy decorations, on top of the cost of Christmas, when you have recently bought a house is an expense first-time buyers could do without.
“But it’s worth people bearing in mind that good decorations can also last for many Christmases to come, so they should opt for durability where possible. For new homeowners on a tight budget, our study certainly shows that a great deal of money can be saved if you shop around.”