Cookies on the this website
We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website. However, if you would like to, you can change your cookie settings at any time.
Continue

New to PropertyWire?

Welcome, and thank you for visiting our website.

PropertyWire is the leading publication for property investors and industry professionals interested in the world of international property investment.

Our aim is to give you intelligent commentary and analysis on the world of retail and commercial real estate.
If you've enjoyed what you've read so far why not sign up for our FREE property alert and online magazine PropertyWire Confidential.

Every week the PropertyWire team sends out a hard-hitting newsletter packed with news and analysis of the top stories plus the best investment opportunities on the market. We always look at the bigger picture like the Euro Crisis, and explain how this will affect YOUR investments.


Ask me later
No thanks

Thu
Dec 18th
Lost Password? Register
Home arrow News arrow Europe arrow Millions of home owners not yet done winter property checks, research suggests

Millions of home owners not yet done winter property checks, research suggests

Wednesday, 05 December 2012
Image
Over 18 million home owners in the UK have yet to carry out basic checks on their properties this winter, new research reveals.

In the last two years 37% of British people have been affected by winter weather related problems amounting to an average repair bill for damage of £453.98 but only one third have appropriate home emergency or insurance cover.

Sainsbury's home insurance is urging home owners to carry out as many basic maintenance checks as they can, to protect their home. They can prevent problems by having their boiler serviced or checking and bleeding radiators.

Its research shows that in the last two years, weather related incidents have cost British home owners a collective £7.9 billion to repair. The most frequent problems including blocked guttering, leaking roofs and damaged boilers.

Some 10% have suffered from a broken boiler, the same percentage that has fallen victim to blocked or overflowing guttering. Some 9% have had roof tiles damaged, with 8% suffering leaking roofs. Wind damage to property has affected 6% of homes and 5% have had a leaking radiator. The research also shows that frozen pipes have affected 4%, and 2% have had pipes burst in their home.

In line with the conditions of most home insurance policies, households should ensure they maintain good upkeep of their property all year round in order to minimise the risk of damage and needing to make a claim.

‘There are a number of measures that homeowners can take to minimise the risk of falling victim to winter weather damage to their home. Having your boiler serviced, checking and bleeding your radiators and clearing your guttering are easy to do and could prevent the need for costly and inconvenient repairs at this time of year,’ said David Barrett of Sainsbury’s Home Insurance.

‘Ultimately it's important to ensure that you have a good quality home insurance policy in place. It's also worth checking if you have home emergency cover, which comes as standard on our Premier Cover Home Insurance, as this will help you find an approved tradesman in the event of a home emergency, like escaping water or if your heating or electricity fails,’ he added.

Other things worth considering include checking that loft insulation is thick enough, turn off water to outside taps and insulate them, seal draughts, protect garden furniture, unblock external drains, and stock up on salt for driveways.

This story relates to: Property  management  property owners  uk  weather  [SEE ALL]


BOOKMARK THIS PAGE (What is this?)     Digg!Reddit!Del.icio.us!Google!Live!Facebook!StumbleUpon!Newsvine!Furl!Yahoo!

 
More Recent News
Earlier News
To see all the latest news articles in our monthly online magazine, Property Wire Confidential, sign up free here



Europe: Top Headline

UK mortgage lending falls back to similar level a year ago, latest data showsUK mortgage lending falls back to similar level a year ago, latest data shows{mosimage} Gross mortgage lending in the UK reached £16.9 billion in November, some 9% lower than October when it was £18.6 billion, according to the latest figures from the Council of Mortgage Lenders.



Car park

Car park

Car park

West Tower

home rental guide

Barratt Homes

West Tower

Search for Properties:

Feature story

Student accommodation investment check List

It’s the UK’s strongest asset class, but are all student accommodation properties good investments? This is the comprehensive list of what to watch out for when buying student property.

 

Company news

Buying your first property, when’s right for you?

For a long time now property ownership has been an ambition shared by many millions of Britons. However, today it seems harder than ever to get on the property ladder because of the high deposits needed to get a mortgage and the rising cost of buying a property itself. So there’s lots to think about before you make the leap to buy.

Finance Update

Nationwide resumes access to Help to Buy for home movers

Nationwide Building Society has announced that it is resuming access for home movers looking to participate in the government’s Help to Buy equity loan scheme from Wednesday, 24 September 2014.

Features

Student accommodation investment check List

It’s the UK’s strongest asset class, but are all student accommodation properties good investments? This is the comprehensive list of what to watch out for when buying student property.

 

Newsletter

Subscribe to our weekly newsletter and stay updated on the property market trends.
Subscribe now >>

Subscribe to our Europe property and real estate news feed (RSS)