March 2012 News

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Homeowners 'must keep on top of home repairs'

6th March 2012

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UK property owners have been advised to ensure that any necessary home repairs are carried out to avoid their house falling into disrepair and their home values possibly being affected.

A new report by the AA shows that nine per cent of Brits have delayed home repairs or maintenance or tried to fix things themselves in the past year to save money.



Overall, homeowners faced a collective bill of almost £1.2 billion because of neglected homes, while less than one in four had cover in place to cover the cost.



In a bid to save money n the past year, 14 per cent of people have carried out some DIY work on their home that they would previously have employed a tradesman to do, while 11 per cent have had friends round to help on a DIY project for free.



The report also revealed that eight per cent of people have delayed getting their boiler serviced and the same appropriation has delayed paying to have work done in the garden.



Meanwhile, another five per cent have put off replacing or repairing a damaged window and four per cent have delayed mending a leaky or damaged roof.



In spite of this, around three million cost-cutters have suffered problems as a result of their austerity measures, spending an average of £398 each trying to rectify them and only five per cent being covered for the problems by their standard home insurance policy.



Tom Stringer, head of AA Home Emergency Response, said home emergencies can prove expensive if properties are not maintained properly.

"We would suggest that apart from keeping up their home maintenance properly, homeowners should look carefully at their home insurance policy and consider a stand-alone home emergency policy for peace of mind if they are not adequately covered," he added.
Source: Zoopla