A new report has revealed that around half of Britain’s 7 million homeowners admit that their properties are currently in need of repair, bringing a whole new meaning to the expression ‘Broken Britain’. The findings come from research by mortgages and secured loans broker OceanFinance.co.uk, which reveals a list of key repairs going unaddressed in properties throughout the nation. 

The main offenders

Among the many issues highlighted in the report, those occurring the most frequently concerned the exterior of properties – a case of out of sight, out of mind perhaps? An incredible 32% of respondents admitted the fences around their home were either completely broken or in need of maintenance. 

Meanwhile, almost a third of respondents to the survey said the walls of their houses required a fresh lick of paint. And just over a quarter had exterior windows in need of repair, whilst a similar number had problems with damp or mould - and these are just the most-reported of a long list of problems currently going unrepaired in British homes. 

Faulty homes – why are so many people not fixing them? 

The bleak reality for over half of the Ocean Finance survey’s respondents is that they simply don’t have enough money to fund repairs to their homes at the moment. With austerity biting, over half of those surveyed claimed they couldn’t afford the cost of property maintenance.

Over time, issues such as mould and structural damage only worsen, often compromising a property on a much more fundamental level after a period of years. The fact is that as many as 3.5 million British homeowners could be powerless to stop their properties falling into disrepair if they don’t take early preventative action. 

However, 40% of those surveyed revealed they simply hadn’t had time or ‘got around’ to fixing their home. In light of the great plight of those who cannot afford repairs and could be slipping towards a larger problem with their properties, it’s hard to defend this kind of inaction. If you’ve got the cash, we would urge you to fix any issues with your home before they get worse - a stitch in time saves nine!

Ian Williams of Ocean Finance commented: "It's easy to let small repair jobs mount up, and before you know it you have several different jobs that are going to cost a lot to fix. For that reason, it's usually worth taking care of problems as and when they come up.

"Keeping on top of maintenance around the home is vital to protect the value of your property."

Are you looking to buy property in UK ? London , Bristol , Blackpool , Leeds , Sheffield

Are you looking to rent property in UK ? London , Edinburgh , Glasgow , Fitzrovia , Chelsea

Residential Property for sale in London , Apartment for sale in London , Bungalow for sale in London , Detached House for sale in London , Maisonette for sale in London , House for sale in London , Terraced House for sale in London , Flat for sale in London , Land for sale in London , Commercial for sale in London , Retail for sale in London , Not specified for sale in London , End of terrace house for sale in London , Semi-detached house for sale in London , Studio flat for sale in London , Penthouse for sale in London , Town house for sale in London , Mews for sale in London , Reteirment property for sale in London , Ground floor flat for sale in London , Restaurant for sale in London , Commercial Property for sale in London , Block of Apartments for sale in London , Duplex for sale in London , Ground floor maisonette for sale in London , Retail Property (High Street) for sale in London


  1. avatar
    Carol McDonald