17th July 2015
Wedding guests will spend over £600 every time they attend a couple’s nuptials.
Research by Policy Expert shows Britons will have to budget to cope with wedding season this year.
The average UK wedding guest will spend £644 on gifts, food, new clothes, accommodation and stag and hen dos and 35% will even splash out on an engagement present meaning the spending starts long before the big day.
When buying a gift, 37% buy from the preapproved list and others choose cash or gift vouchers. Just 3.5% gave handmade gifts.
Mothers and fathers spend the most on the wedding day, shelling out £700 on presents alone. Grandparents spend around £245, siblings £144, aunts and uncles £78 and £57 from close friends.
The average Scottish guest spent the most on gifts at £58 while those in the South East spent the least at £39.
Adam Powell of Policy Expert, said: ‘If you or a family member is set to walk down the aisle this wedding season, it’s important to remember to check that the gifts received from generous guests as well as wedding rings and other valuables are covered in your home insurance policy.’
He added that insuring items straight after the wedding would ensure ‘you can cross the threshold on your return from honeymoon without any nasty surprises’ and that Policy Expert offers a 10% increase in contents cover for the month either side of your wedding.