Around 7 million homeowners in the UK think their homes need repairs, ranging from simple problems like overgrown gardens to serious issues like damp, mould and rotten woodwork.
According to research from secured loan broker Ocean Finance , who authored this article, it’s a problem that affects around half of all homeowners in the UK.
The research (conducted by One Poll on a representative sample of 2,000 UK adults in May 2013) goes on to show that more than half of this number simply can’t afford the necessary work.
Different people; different problems
Money’s tight for families all across the UK, so the cost of home repairs can be prohibitive. With costs rising and salaries stagnant, plenty of people are stretching dwindling resources further and further – which often means even important jobs have to be put on hold.
While 34% of our respondents said their home needed ‘a few’ repairs, a worrying 7% said it needed ‘a lot’.
32% of the people whose homes need repairs wanted to fix fences and boundaries and 30% wanted to repaint the house. More disturbing, however, a full 26% have issues with damp and mould – which can, of course, be detrimental to health.
In many cases, money’s the problem
54% of those who said their home needs repairs just can’t afford to pay for them. 40% have not had the time – and 24% want to find other people to do the work, but haven’t got around to it yet.
Around the UK…
As you might expect, there are some real differences around the UK. It seems the Scots are most on top of their home maintenance – 56% of our Scottish respondents told us their home was in a good condition. At the other end of the scale, just 41% of Londoners said the same (which might say something about the effects of high house prices).
When it comes to why , a full 72% of the people in Northern Ireland who hadn’t carried out the necessary repairs said it was because they didn’t have the money for them.
Money seems less of an issue in the South East and East Anglia, where just 43% blamed the lack of progress on a lack of money. In each of those regions, over 26% said they wanted someone else to do the work – but simply hadn’t got around to finding them yet.