Annual household maintenance costs are forcing the majority of homeowners to use credit cards and loans to cover the bill, with the average costs ranging between £500-£1500 per year.
Research from homebuying platform, YesHomebuyers, has found that the majority of UK homeowners are failing to prepare for maintenance issues such as general DIY (38%), gas or boiler issues (20%), electrical problems (15%) and roof maintenance (15%), although problems posed by nature such as knotweed or woodworm were less prominent (8%).
Click on this link to read the full article.