Period home-owners ‘spend equivalent of small mortgage’ on property maintenance
8 months ago

Period home-owners ‘spend equivalent of small mortgage’ on property maintenance

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Period home-owners have spent an average of £19,213 maintaining and repairing their properties since 2022, a study has found. Period properties are characterful and high-quality, with plenty of elements which draw buyers in, but these require regular investment to keep them in working order Daniel Copley Key costs for period home-owners include include external elements such as roofing and brickwork, as well as interior issues such as upgrading insulation and electrics, Zoopla said. Just over a fifth – 22% – of period home-owners said they did not realise how much it would cost to maintain their home, and a quarter regretted buying a property for this reason. Daniel Copley, consumer expert at Zoopla, said: “There’s no denying that period properties are characterful and high-quality, with plenty of elements which draw buyers in, but these require regular investment to keep them in working order.

History of this topic

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