Money worries put homes at risk of disrepair
23/02/2012
Many consumers cannot afford to adequately take care of their homes, research has revealed.
According to the AA Home Emergency Response Service, 39 per cent of Brits (18.5 million) have delayed home repairs or maintenance in the last year in order to save money.
Some have taken to carrying out the DIY work themselves or calling friends for free assistance.
However, experts warn that these austerity measures can actually cost more in the long run.
Tom Stringer, head of AA Home Emergency Response, said: "Many homeowners seem to be mirroring the government's drive for austerity but this can be a false economy as problems tend to get worse in the home if you leave them unresolved."
Research suggests that 1.42 million Britons have experienced a home emergency such as a leaking roof or broken boiler as a result of delaying their home maintenance.
Widespread money worries mean that many people simply cannot cover the cost of repairs.
According to Netmums.com, at least 70 per cent of households are financially "on the edge" and are unable to afford any extra expenses.
Posted by Kim Burns
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