Household Spending and Coronavirus

The 2020 pandemic and finances

The 2020 Coronoavirus pandemic has devastated economies across the world and left people extremely stressed about their finances, and household spending. There is no certainty about when things will resume as before, or if they ever will. 

The UK Lockdowns have been announced with little warning meaning the fall in income was quite unexpected for both businesses and people alike. It has resulted in some households living with only enough money to spend on what is absolutely essential.

The Homeowners Dilemma

Homeowners are now faced with a dilemma. The maintenance costs of their home are deemed essential but they can also be costly. Choosing to ignore home maintenance to save money in the present time is a risk. Neglecting things now means there is the possibility costs could be even higher in the future.

As Winter is approaching it is essential to survey around your home, to ensure it is in the best condition to withstand the cold weather. If you discover cracks in the walls or sinking floors, this could be subsidence and should be investigated.

Papering or plastering over the cracks may deal with the issue now, but if the cause is structural movement, the cracks will just reappear. If left unaddressed you are at high risk of causing more structural damage to your property. The cost to repair will continue to rise and this may also decrease the value of your home. 

My home has subsidence, what are my options?

Buying a subsidence solution is not something you want to do, but it is something you need to do to maintain your home. It makes economic sense, to do things now rather than later. A well-kept property is more likely to retain value, and you are limiting the need for more extensive repairs in the future. 

There are different solutions available to fix a subsidence issue. The Geobear solution uses geopolymer injection technology and can be completed much quicker and with much less disruption than traditional alternative methods such as underpinning or piling. We can have your home ready for the cold weather, and Christmas.

Our Residential works also come with a 10-year guarantee, so you can end your year with peace of mind, and start 2021 without worrying about subsidence.