For some homeowners, the sound of rain on the roof is a cause of despair. Regular roof and guttering maintenance is not at the top of anyone’s to-do list, but it is critical to ensuring your home remains dry and effectively shields the rain.
With all the rain we had during October 2019 through to March 2020, roof replacements and repairs were the top reasons people were taking out a home improvement loan with us.
Whilst the upcoming Green Homes Grant Scheme announced by the Government is likely to cover loft insulation, it appears unlikely that the grant will cover roof repairs and so homeowners will still be required to fund these essential home repairs themselves.
In our experience, building insurers put roof deterioration down to wear and tear and so many people cannot claim for repairs this way either.
Replacement roofs are one of the most costly repairs, with re-thatching being particularly pricey. Contractors are also extremely busy in the winter months and so it is good practice to think about sourcing quotes and funding for repairs in the summer/autumn months.
For more information or an informal chat about our home improvement loan scheme and how this may work for you, please contact us today. An expert adviser can discuss your circumstances and how we may be able to help you spread the cost of your roof, or other home improvements and repairs.