costs

Wedding can be expensive not just for the couple getting married, but also for the wedding guest who will be in attendance (albeit on a far lower scale). Between finding an outfit for the big day, purchasing a wedding gift, booking into accommodation overnight and the travel involved in getting to the venue, not to mention how much you plan to spend on drinks, it can be a pricey celebration. The cost is effectively doubled for anyone attending pre-wedding events such as stag or hen parties.

Everyone wants their wedding day to be memorable. This means a lot of time, effort and money often goes into the planning of saying “I do”. In fact, according to Money Saving Expert, the average UK nuptial costs around £20,500. Luckily, there are things you can do to keep the total down. A great way is by planning your own reception. Not only will this give you control over your budget, but you’ll also be able to personalise your celebration perfectly.

One in ten of us spend more than a year planning a wedding, whilst a fifth of us spend up to six months. Yet ironically more than a third of us spend less than 15 minutes searching for finance options to help out with the costs of a wedding.

The research from Swedish challenger Ikano Bank also found that more than 300,000 people who borrowed money for their wedding wasted more than £450 by not shopping around for the best deal.