Ceri McMillan, Home and Pet Insurance Expert at GoCompare Home Insurance has commented on people's most regretted purchases from lockdowns.

New research from GoCompare home insurance reveals that more than one in 10 people regret some of their lockdown purchases, and a third (32%) of these items are now not being used and gathering dust.

During the pandemic and UK lockdowns, a third of people took up a new hobby or a side hustle and spent an average of £232 buying equipment for these new pastimes. With homes being the only place people could go for months, many people also spent money on indoor and outdoor bars, patio heaters and hot tubs to make their surroundings more comfortable.

Now, the research reveals that many of these items are now gathering dust around peoples’ homes and 12% of those surveyed said that they regretted making the initial purchase of at least one of these items.

Ceri McMillan, from GoCompare Home Insurance commented:

While some people will still be making good use of these gadgets and various pieces of equipment, it appears from our research that a lot of these items are just sat around gathering dust.  If this sounds like you, it might be worth looking into whether you can resell these items.

“On the other hand, if you’re loving your new purchases and intend to keep them, you might want to consider whether you have the right level of insurance cover in place to protect them, in case the worst should happen.

Full release: A third of lockdown purchases now gathering dust

Media contact: Lynsey Walden, GoCompare, lynsey.walden@gocompare.com