Leaky buildings

Why fix a leaky home

If you think you have a leaky home it is important to have it repaired as soon as possible to prevent further damage occurring and minimise additional repair costs.

Selling the affected property instead of repairing it is rarely an option.

Disguising the problem from potential buyers is not only unethical but also illegal and can amount to fraud if uncovered.

If the problem is disclosed, it’s undoubtedly going to lower the property’s value and, in instances where an owner has only limited equity, the bank is more than likely to forbid a sale at a price that will fail to cover the cost of the mortgage.

Even if the property is mortgage-free, selling a leaky home at a discount is no easy matter.

It is very difficult to gauge the cost of repairs before starting the job and most buyers won’t take a gamble on quantifying the markdown in case they are left out of pocket once they have fixed it themselves.

Platinum Pacific Reclad are industry specialists in repairing and recladding leaky buildings.