Newspaper article The Journal (Newcastle, England)

Pound Notes

Newspaper article The Journal (Newcastle, England)

Pound Notes

Article excerpt

COUNTING THE COST OF FAULTY BOILERS UNLUCKY householders spent PS787m on unexpected boiler repairs last year.

One in five homes had at least one boiler breakdown and shelled out an average of PS270 on repairs. But a quarter had to cough up more than PS1,250, according to research from the uSwitch.com comparison site.

To cover an unforeseen cost such as this about half of households say they would have to dip into their savings, while around one in 10 would have to use a credit card or take out a personal loan.

Emma Bush, uSwitch.com energy expert, said: "It's easy to take a working boiler for granted, but when things go wrong it can be expensive to fix - not to mention leaving you and your family shivering through a period with no central heating.

"With consumers already facing energy price rises in the coming months, the sudden shock of having to repair a broken boiler - possibly costing over PS1,000 - could deliver a tough blow to household finances. …

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