There is more than £2.5 billion worth of unwanted goods cluttering homes across the UK, confirming that the Brits are a nation of hoarders.

The recent survey by Cash Converters identified that more than 75% of UK households have redundant items taking up valuable living space, when they could be earning the owners money.

Finances are still tight for many families across the country, so with the potential to unlock hundreds of pounds worth of cash by getting rid of unused items, we would be foolish not to. DVDs, Mobile Phones and obsolete games consoles topped the list of most unwanted items that are lying dormant in people’s homes.

The UK’s number one retailer of buying and selling pre-owned goods, Cash Converters has more than 190 stores across the UK that offer to buy and sell a wide variety of items, including musical instruments, HiFis, TVs, CDs and DVDs and DIY tools.

David Patrick, chief executive of Cash Converters is staggered at the value that is currently not being unlocked in people’s superfluous belongings. He said: “Almost 13 million homes have admitted to keeping hold of unused items. Often people come into our stores surprised at what we will buy from them not realising that the unwanted items in their homes could be making them money.

“At Cash Converters we’re keen to highlight how you can make money from items you already own, as we all continue to feel the pinch and look for ways to raise some extra cash. It may be you only need some money to tide you over, in which case we offer the option to get your item back, known as a Buyback.

“Buyback is a really straightforward and quick service to use. Customers bring in an item along with some up to date identification; a price is agreed and the customer gets the cash and up to 28 days option to buy back the goods. Of course, if you realise you can live without that old Playstation 3 or the guitar you meant to learn to play but never did, you can simply leave it with Cash Converters.”

For more information visit www.cashconverters.co.uk