You are here: Home - Household Bills - How to -

How homeowners can keep costs down this winter

0
Written by:
27/10/2015
Winter is on its way. Here are some things you can do to ensure your home is protected before it arrives.

Insurance

Cold winters always result in a surge in home insurance claims, which can cost property owners dearly. Not only do claims mean policy holders must pay an excess, but their premiums typically rise as a result.

A buildings and contents insurance policy is not necessarily enough to protect your home from any damages. Insurance firm Policy Expert warns that insurers can reject claims for weather damage if they feel a property isn’t suitably protected from the elements, as they can argue the damage would not have occurred if your property was properly maintained.

Having the right amount of cover is essential, the firm says. Some home insurance policies might not cover outbuildings, for example. Others won’t cover boilers and heating systems if they haven’t been checked by a registered plumber.

Draught exclusion

Draughty homes aren’t just cold, they waste energy and drive bills up. MoneySuperMarket.com estimates homeowners can save £55 a year on average if they fully draught-proof their properties.

The most common sources of draught are windows, doors (including keyholes and letterboxes), chimneys and fireplaces, loft hatches and skirting boards.

Most DIY stores stock a good range of draught proofing equipment. While it may require some upfront investment, you’ll quickly recoup the outgoings in savings. Less draught means you can also turn your thermostat down, translating into further bill savings.

Protect pipes

Water pipes are likely to burst during cold weather spells and periods of absence.

LV= says homeowners spending extended periods of the season away should programme their central heating to come on for a few hours each day to thaw pipes.

Homeowners should insulate their pipes and ask a friend or neighbour to drop by once a week to check on their home if they’re away.

Insulate

MoneySuperMarket.com says that insulating loft and cavity walls could save property owners up to £300 every year.

Modern properties built after 1990 are probably insulated already. If a home isn’t insulated, heat will escape through the roof, walls and floors – and will do so more quickly when the weather is colder.

While professional installation will likely cost around £250, it’ll more than pay for itself within its first year. It also may be possible to benefit from a free insulation deal currently offered by energy companies, which will pay for installation (whether in-part or outright).

Unclog pipes

For all its clear weather, the summer can cause blockages in pipes both inside and outside your home. Rightmove notes that leaves falling from trees will clog gutters and drainpipes during autumn, meaning water will start to build up.

Not only will this excess water eventually leak into the roof and down the walls of the house, it could damage your home if it freezes. Make sure you remove any loose foliage before temperatures drop.

Trapped air can also build up inside radiators during the summer, as they tend to be used infrequently if ever. This can stop heat from circulating properly, and as a result you’ll need to bleed the radiator. You can tell if it needs to be bled very simply: switch the radiator on, and see whether it’s colder at the top than the bottom.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Investors urged not to panic as UK economic growth slows

UK economic growth slowed in the third quarter due to weaker construction and manufacturing output but investors have been urged...

Close