Published on April 12th, 2023

Owning a home is a dream for many people, but it comes with many responsibilities. In addition to the initial costs of buying a house in the UK, ongoing expenses are associated with maintaining your property. These costs can add up quickly, and it is essential to clearly understand what to expect when it comes to owning and maintaining a home.

Owning a home in the UK includes monthly expenses such as mortgage payments, utilities, insurance, and property taxes. However, there are also annual maintenance costs, ranging from basic repairs and cleaning tasks to more significant renovations and upgrades. These costs can vary depending on the size and condition of your property and the type of services required.

Monthly Costs of Owning a Home

When you own a home, you are responsible for various monthly expenses. These expenses include mortgage payments, utilities, insurance, and property taxes. According to recent studies, the average monthly mortgage payment in the UK is around £700-£800, depending on the location and size of the property. The average monthly utility cost is approximately £150-£200 per month, including electricity, gas, and water bills. Finally, property taxes are usually based on the property's value, and the average annual cost is around £1,200.

3 Examples of How Can Virtue PPM Helps You Reduce Costs

Here are examples of property maintenance services offered by Virtue PPM, along with an overview of how each service works and the associated costs.

Drainage Specialists

Drainage is an essential part of any property, and it is crucial to ensure that your drains are free-flowing and clear of any blockages. Virtue Plumbing and Property Maintenance LTD offers Drainage Specialists services to help you maintain your property's drainage system. Our team of experts uses the latest equipment and technology to diagnose drainage problems and provide effective solutions.

Our Drainage Specialist's services are competitively priced based on the job's complexity, and we offer a transparent pricing policy. Before starting any work, we provide a detailed quote so you know exactly what to expect. In addition, our team is available 24/7 to assist you with any drainage emergencies, and we use the latest equipment and technology to diagnose and resolve any problems.

2. Electrical Maintenance and Installation

Electrical systems are an essential part of any property, and ensuring that they are safe and in good working condition is crucial. At Virtue Plumbing and Property Maintenance LTD, we offer Electrical Maintenance and Installation services to help you maintain your electrical systems.

Virtue Plumbing and Property Maintenance LTD offers various property maintenance services, including Plumbing Heating, Carpentry and Sash Windows, and Building Services and Repairs. The cost of maintaining your home in the UK will vary depending on the size and condition of your property and the type of services required.

However, we pride ourselves on providing cost-effective and reliable solutions to our clients. Our team of electrical maintenance experts is committed to ensuring that your property is in top condition. In addition, we offer a transparent pricing policy to ensure you know exactly what to expect. Please do not hesitate to contact us if you need help with your property maintenance.

3. General Maintenance Repairs

General Maintenance Repairs are essential to ensure your property remains in good condition. At Virtue Plumbing and Property Maintenance LTD, we offer General Maintenance Repairs services to help you fix any minor repairs around your property, such as fixing leaky faucets or repairing broken doors.

Our services for General Maintenance Repairs will depend on the job's complexity. We offer a transparent pricing policy and provide you with a detailed report before starting any work. Our team of experts is available 24/7 to help you with any emergency repairs.

How Do You Calculate Repair and Maintenance Costs?

To calculate the cost of repairing and maintaining your property, you need to consider your property's age and condition, the maintenance frequency, and the type of service required. For instance, repairing a leaky faucet may cost less than fixing a broken pipe. Also, the cost may vary depending on what service provider you choose to work with.

At Virtue Plumbing and Property Maintenance LTD, we provide competitive pricing for our property maintenance services. Our team of experts will look at your property's condition and give you a transparent quote for the required repairs and maintenance. We believe in providing high-quality services at an affordable cost to our clients.

Conclusion

In conclusion, the cost of owning a home in the UK goes beyond the monthly mortgage payment and utilities. There are also annual maintenance costs that you need to consider. The average yearly maintenance cost of a house in the UK is around £1,200-£2,000, and it may vary depending on the property's size, age, and condition.

We understand the importance of maintaining your property. We believe in providing our clients with reliable and professional general maintenance services at an affordable cost.

To ensure that your property remains in good condition, it is essential to budget for maintenance costs and hires reliable property maintenance services. If you need any help with your property maintenance, please do not hesitate to contact us at [email protected] or call us at 4412 755 42670. We’re here t o help you!