PHIL SPENCER is one of the most recognisable faces on British television, having presented the hit show Location, Location, Location since 2000. The Kent native is a property aficionado, and revealed what he thinks is the property must have for 2018 - does your home have one?

Phil Spencer, 48, has been a regular fixture on British television for the past 18 years.

He is the co-host of Channel 4 property show, Location, Location, Location, a show which sees him travel the length and breadth of the country finding homes for Britons with his co-star, Kirstie Allsopp.

The property stalwart has now partnered up with Barclays, creating the 2018 Barclays home improvement report which reveals some very interesting insights into the property demands of Britons.

The innovative report revealed that Britons are now staying put for nearly two decades in their homes, deciding to renovate and embark on DIY rather than move on.

A property expert and chartered surveyor, Phil knows a thing or two about renovation projects, offering advice to Britons looking to redo their homes.

“Square footage and aesthetics,” began Phil, talking to the Express.co.uk on what Britons should focus on.

“Square footage is why people redo their houses, it’s in their hands and it's cheaper. Whether it be in the garden or a conservatory.”

This coincides with the research from Barclays, which revealed that 25 percent of Britons do home improvements to increase the value of their property.

“Adding square footage is a clever improvement because it’s cheaper to build, people are wanting more land,” continues Phil.

“It is cheaper to keep a house and add on land than buy a house with more land. That’s why home improvements are popular.”