The average wedding cost expected to be araund £18,244 in 2014. We are finding that the 2014 Bride has become more generous in her spending.
That's our price list for 2014!
1) Wdding Venue (church, civil ceremony location, reception) £2,164
2) Catering (wedding breakfast, evening food, canapés, drinks) £2,770
3) decorations, flowers & cake £728
4) Rings (wedding and engagement ring) £1,856
5) Wedding dress £1,098
6) Photographer £876
7) Entertainment (live band, DJ, photo booth) £682
8) Groom and groomsmen's outfits £674
9) Bridesmaids (shoes, dress, make up, hair, accessories) £582
10) Honeymoon £3,582
Newlywed couples are now going to ever increasing lengths to recoup costs from the wedding, with one in eight (12 per cent) even admitting selling items bought from their gift list to generate cash.
More than half of newlyweds (52 per cent) think wedding costs have spiralled out of control, with 12 per cent now in more than £3,000 worth of debt due to the cost of their big day.
The poll of more than 1,000 people married within the last five years, by Sheilas' Wheels home insurance, found that 16 per cent of couples argued at least once a week during the planning process because of their finances. And one in nine newlyweds (11 per cent) admits they even came close to breaking up due to wedding-related money woes. The study found one in five (21 per cent) had to take out credit cards and loans to pay for their big day with a further 25 per cent borrowing money from family and friends.
Costs are hitting 25 to 34 year-olds the hardest with one-in-five (20 per cent) having to choose between a wedding or getting that first leg up on the property ladder. A third (33 per cent) admitted getting into debt to pay for their wedding, while 23 per cent put off getting married due to their strained finances. Almost one in five (18 per cent) blame the pressure to "keep up with the Jones" as the main reason for wedding costs snowballing, whilst a third (33 per cent) put it down to their ever-expanding guest list. Pressure to host a free bar has caused 16 per cent of newlyweds' finances to get out of control, and 19 per cent felt obliged to kit out their bridal party with full regalia even though they could not afford it.
And 24 per cent of those polled thought they were overcharged by wedding suppliers with 20 per cent admitting they booked wedding venues or caterers and later regretted it, due to the cost. A fifth (20 per cent) even said they were too embarrassed to haggle or negotiate. The research revealed that 12 per cent admitting they put items bought from their gift list on eBay and 10 per cent admit returning them to the shop. One in nine brides (11 per cent) sold their wedding dress online to get some cash and a further 26 per cent ask for money as a wedding gift to help their finances – 15 per cent even say it's specifically to pay off debts. A third of Londoners (33 per cent) took out credit cards or loans to pay for their big day, compared to just 13 per cent in the South West.
Londoners were also the most likely to put off buying a house because of the cost of their wedding (31 per cent). Jacky Brown, of Sheilas' Wheels, said: "The typical wedding is now a very costly affair which is clearly causing a strain to young couples who are also trying to organise their own big day, get a leg up on the property ladder or even look at starting a family."
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