How To Cover The Cost Of Emergency Repairs Post by Admin , Feb 14, 2018. Emergencies and Urgent Repairs How to cover the cost of Emergency Repairs Not all building work is planned. When something goes wrong with your property, it often requires urgent repair or replacement, but some Emergency Call Out fees can be eye-watering. As most things in life go, emergency house repairs tend to come at the worst possible time, whether your roof needs repair, your boiler is on the brink or you have a leaking pipe. All the above issues can be costly when you don’t have any savings. According to MoneySupermarket.com, the average cost to repair a gas boiler is £225; however replacing a boiler can set you back an average of between £7,600 and £2,400. A survey by the Money Advice Service has found that four in 10 adults in the UK do not have £500 or more in savings. Another by ING bank suggests 28% of UK adults have nothing at all in the bank. So what options do you have when you don’t have the money to cover your repair? We’ve listed a few below: HELOC HELOC is a loan which is backed by your home. It is really useful for home improvements, however you should ensure you really need it and can afford the repayments. Government assistance The discretionary Home Repair Assistance Grant is only available in exceptional circumstances. For example when there is a serious risk to the occupier as a consequence of the condition of the dwelling. Home Repair Assistance grants are intended to help people carry out moderate repairs, improvements and may also include basic security measures to their home. Friends & Family If you are running out of options, you may want to consider asking a friend or family member for a one-off loan or financial support. This is a good option as you may not have to pay interest, however, be sure to make a payment plan to avoid any problems arising. Payment Plan At Hyde Construction Ltd we understand that emergency repairs are not something all home owners plan for, that’s why we feel it’s essential to offer the option of a payment plan. Meaning you can pay off the repair costs in smaller chunks over a longer period of time. All our estimates provided are free of charge. If the work requires us to employ or consult a specialist, we will discuss any costs with you and ensure you are happy with the chosen expert and their service. If you have an immediate need for a repair call our Emergency Number and we will attend your property as quickly as possible, assess the problem and take immediate action if possible to prevent further damage occurring. We strive to assist you to the best of our ability, stopping at nothing until the job it done. Give us a call today on 0203 911 9719 or make an online enquiry here.