Showing posts with label home maintenance. Show all posts
Showing posts with label home maintenance. Show all posts

Tuesday, 29 November 2011

The cost of not maintaining your home


It's no surprise that food and fuel inflation, coupled with energy price hikes, has left many homes feeling more than just a pinch.

Subsequently, with families juggling income between bills and food, maintenance of their homes is coming way down on the list of priorities.

However, figures suggest we should be aiming to spend around 1% of our homes value on annual maintenance.

Whether that's replacing old or rotting fascia, having the roof attended to or re-decorating interior rooms and even outside decorating (including maintaining the gardens and driveway), we shouldn't be ignoring the fact that small problems have the potential to grow into expensive large problems requiring immediate attention.

Particularly with exterior maintenance - replacing old fascia, making good roofs or even re-surfacing old broken driveways, it will be advisable to call in a tradesman. Rotten fascias or roofs gone bad can lead to damp and water ingress into your home.

The resulting remedial work could include interior decorating and even furnishings and carpets. Suddenly a relatively small bill becomes a much larger one.

And if you come to sell your property, expect to get far less for it than if it were in a good state of maintenance and repair.

Around this time of year, if you're capable of, and have the right access equipment, small jobs like checking guttering for blockages from leaf debris, or clearing our drain grates from fallen leafs etc can all help prevent problems arising later on.

Also checking your roof, visually, for loose tiles or mortar missing from ridge tiles etc and getting someone in to repoint or re-position could save thousands in remedial work if left unchecked.

If you've got draughty windows or doors and haven't got around to replacing them, then draught excluder strips are a cheap way of making your home more efficient and comfortable.

Wednesday, 6 July 2011

'Everyday DIY' spend falls prompting concern over property de-valuation


A Lloyds TSB report claims that homeowner spending on 'everyday DIY' has fallen to it's lowest level since 1998.

The 12 year low, whilst bad news for the DIY retail market could also be bad news for homeowners.

With consumer spending on home 'maintenance' falling, there's fears that UK housing could be de-valued further as properties are allowed to fall into worsening states of dis-repair and decorative condition.

Reluctance by consumers to spend has seen a 13% fall from £10.9 billion in 2009 to £9.5 billion in 2010 on consumer spending in the DIY industry.

The results are evident with DIY chain Focus recently announcing the closure of 120 outlets with the loss of more than 3,000 jobs.

The total amount spent on home maintenance also fell by 9% last year.

However, some economists believe that many homeowners are not blind to the benefits of regular home maintenance and will find the extra cash for essential maintenance, warning the dangers of leaving jobs till they're too late can result in even larger bills.

Roof's, guttering and plumbing and heating systems are the main areas of home maintenance that should never be ignored. Old windows and doors as well as making your home more costly to heat can also be an invitation to burglars to break in.

As we reported a while ago, many homeowners are currently risking un-insurance of their home's contents and possessions in an attempt to save money.

This story first appeared in our weekly homeowner email newsletter dated 4th July 2011. Click here to read the full newsletter.

photo credit: kenneth lu


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