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Home News Insurance

£50 billion of clutter in UK homes

by ben.wilkie
June 8, 2011
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Cartoon houseThe UK is hoarding enough clutter to fill 11 Wembley Stadiums, according to new research from LV=.

Clothes, books and sporting equipment make up the bulk of possessions that haven’t been used for over a year, with 10 per cent of households estimating they have more than £1,000 worth of bits and bobs they no longer use.

It appears that many of us are also storing clutter on behalf of someone else – parents’ garages and sheds are full of their offspring’s bits and pieces, while many people also store stuff on behalf of friends, relatives and former partners. Five per cent of those surveyed said they paid for a storage facility.

John O’Roarke, managing director of LV= home insurance, said “Our research shows that we are a nation of hoarders, packing our homes with possessions that we just can’t bear to get rid of and even though we rarely use these items, we would miss them if they were damaged or stolen. Our advice to householders storing these often valuable belongings is to talk to your insurer and ensure you have adequate insurance in place.”

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