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Landlord insurance policy holder have been warned about dodging building practices in the UK Cowboy builders have caused almost £7 billion of damage to UK homes, according to new research.
A study by Santander found that nearly one in five (18%) UK households has fallen victim to at an average cost of £1,592 per botched job. Santander estimates the total cost of sloppy workmanship on UK homes at £6.8 billion.
“Anyone can call themselves a builder, but the potential damage that could be caused by rogue tradesmen is staggering,” said Miguel Sard, CEO of Santander Insurance UK.
He added that homeowners looking to get building work done should check the credentials of the builders they employ.
Landlords need to ensure that any building work not only meets stringent regulations but that any work does not have a detrimental effect on the rent-ability of the property. Landlords who need building work should not only compare quotes but take up references from previous customers.
