More than two-thirds of first-time buyers and homeowners have revealed they spend up to £2,500 on their home when they first move in.
According to the research from TSB, 71% of people will splash out in a bid to make their house a home by ensuring they have all the necessities.
New paintwork or wallpaper was listed in 33% of cases as the first project while new carpets and kitchen renovations were also named by 15% and 6% of people questioned respectively.
A new central heating system or new fitted windows were also seen as essentials, both being named by 5% of those questioned.
Nearly half of those surveyed said these sorts of projects were essential while a quarter felt it would make a property more homely in the short term.
The lounge was the primary area to target following a move as 37% said they would alter this room in their house first.
Next on the list would be any bedrooms (18%) while the kitchen (16%) and then the toilet or bathroom (8%) would complete proceedings.
Popular items for spending sprees were white goods, carpets, window coverings and new sofas – the four major outlays when moving.
New carpets were more popular among those aged over 55 compared with 18 to 24 year olds, with the latter preparing to spend their money on white goods.
Working on redecorating or refurnishing a property often occurs following a move and some aspects will require greater levels of finance that others.
For more costly improvements, a loan for home improvements could provide a source of finance.
The more basic aspects of decorating meanwhile can often be done without the need of a labourer, cutting some of the costs involved.
This is only recommended though if the person involved has a certain level of skill to at least hold a paint brush, otherwise it could get messy.