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London Handyman, falling property prices and the credit crunch

Blog: London Handyman Service
Posted by: Silver Saints Tuesday 30th December 2008, 10:09am

London Handyman Service discusses credit crunch and its possible effect on the handyman industry.

It seems that you can’t watch the news or open a paper these days without hearing about the ‘credit crunch’ and the related fall in property prices. But are households feeling the pinch just yet or is it only mortgage lenders and estate agents who are struggling, http://news.bbc.co.uk/1/hi/uk/7385195.stm?

There is no doubt that when property prices are on the rise, homeowners, landlords and developers are all too happy to pour money into their properties. Most companies that are in the property or property services industry have benefitted from a decade of rising property prices and a long period of economic growth. But now that the boom appears to be turning to gloom will London homeowners begin to tighten their belts? Will they still be willing to fork out the best part of £100 an hour for a London plumber or electrician?

Well the answer is that they don’t have to and haven’t had to for about the last seven years. What a lot of people are starting to realise is that they don’t need a specialist plumber to fix a dripping tap or replace a toilet flush, it doesn’t take a qualified electrician to replace a light switch or ceiling rose, why get a carpenter to plane a door? All these small jobs, the kind a good DIY-er would tackle themselves, can be done by a specialist handyman. There are a number of London handyman services, most charge about half the hourly rate of a specialist tradesman.

The only worry about getting a handyman to do the work that is typically associated with specialist trades is over quality of workmanship. There are a lot of handyman services out there, but very few can offer consistently good handymen. Silver Saints only employ handymen with a professional background with a minimum of three years experience within the handyman industry. This means that they can guarantee you will get a handyman that is polite, communicates well and has a wide range of experience and knowledge every time you book.

So as the upside of owning a property becomes less of a sure thing, I think a lot of people are going to start realising the value of handyman services over specialist tradesmen to get all those small plumbing, electrical and carpentry jobs done.

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