House Prices to Jump 50%....

mystic_trev

ukcarper wrote: »

Not quite as easy as that on a modern condensing boiler.

From what Plumbers have told me, they still last less than half the life of old combi boilers, and the fuel savings are exaggerated. Hardly helping the Environment.

Graham_Devon

ukcarper wrote: »

Yes I know that but a good gas safe registered plumber can should be able to clear £1000+ a week after expenses.

You are kidding me right?

You reckon gas registered plumbers are on approx 52k a year after expenses?

Half it, and you'll be closer. You'd need to be a self employed specialist (and that's not home boilers) plumber to get 50k a year. Though speak to conrad and all plumbers will be earning £686k a year

Starting salaries for newly qualified plumbers can be between £18,000 and £22,000 a year. Experienced plumbers can earn between £22,000 and £35,000 a year. Rates vary in different regions. The highest average salaries are in London and the south east.

chucknorris

Graham_Devon wrote: »

You are kidding me right?

You reckon gas registered plumbers are on approx 52k a year after expenses?

Half it, and you'll be closer.

In the South East, I would say that he is pretty close to the mark for an ambitious, hard working self employed gas safe tradesman.

ukcarper

mystic_trev wrote: »

From what Plumbers have told me, they still last less than half the life of old combi boilers, and the fuel savings are exaggerated. Hardly helping the Environment.

Had to replace old boiler over 30 years old and scaled up and had no choice but to get a condensing boiler. The fuel saving has been good but even so I doubt it will have paid for itself by the time it needs replacing.

ukcarper

Graham_Devon wrote: »

You are kidding me right?

You reckon gas registered plumbers are on approx 52k a year after expenses?

Half it, and you'll be closer. You'd need to be a self employed specialist (and that's not home boilers) plumber to get 50k a year. Though speak to conrad and all plumbers will be earning £686k a year

I am talking South East and yes they are probably more, they would get £25k working for someone else so why would they go self employed. My plumber is always busy does all services on same day if he does 8 that's £520 so if insurance, certificates, lease on van, petrol and sundry expenses come to half that he's still making £260 a day and I can't see his expenses coming to £60k a year.

Graham_Devon

ukcarper wrote: »

I am talking South East and yes they are probably more, they would get £25k working for someone else so why would they go self employed. My plumber is always busy does all services on same day if he does 8 that's £520 so if insurance, certificates, lease on van, petrol and sundry expenses come to half that he's still making £260 a day and I can't see his expenses coming to £60k a year.

Where to start?

Biggest point would be VAT.

Earning that much he'll be well over the VAT threshold, so you can wipe over £100 from his daily profit straight away as it's not going in his pocket.

To do 8 a day would be pretty good going too. Just half an hours travelling and packing up / unpacking time between each client? That's one plumber who seems to have everything sorted.

ukcarper

Graham_Devon wrote: »

Where to start?

Biggest point would be VAT.

Earning that much he'll be well over the VAT threshold, so you can wipe 20% from his price straight away as it's not going in his pocket as you appear to assume.

The price was £65+ VAT. You really are out of touch would you believe it if I told you domestic cleaners working for themselves in my area can earn £10+ an hour.

Let's say he earns £500 a day and he was paying his VAT would be £83 less any VAT he has paid. That's £415 a day or £95k for a 46 week year how much do you think his expenses are.

Graham_Devon

ukcarper wrote: »

The price was £65+ VAT. You really are out of touch would you believe it if I told you domestic cleaners working for themselves in my area can earn £10+ an hour.

Right - of course it was.

Do you always state the price of something pre-VAT then?

ukcarper

Graham_Devon wrote: »

Right - of course it was.

Do you always state the price of something pre-VAT then?

For a particular reason I did in this case. Read the edited post.

Graham_Devon

ukcarper wrote: »

Let's say he earns £500 a day and he was paying his VAT would be £83 less any VAT he has paid. That's £415 a day or £95k for a 46 week year how much do you think his expenses are.

I think you are over egging the amount he can do in one day.

To plan every day so that he can move from house to house at such a quick pace and have each and every customer duly awaiting his arrival without a hitch and to have each and every boiler service go swimmingly would be uncanny to say the least.

If boiler servicing is that lucrative no one would work for the likes of British Gas. That's not the case. If it was as lucrative as you make out, LOADS would be trying to get into it flooding the market - that's not the case.

My brother in law does this (amongst other stuff). So I do have an idea, and he's certainly no where near the level you are assuming people are at. And he certainly doesn't do that many boilers per day. Sometimes, he even gets stuck in a traffic jam so has to cancel a service, or finds the homeowner isn't there. Uncanny eh? Sometimes he finds a problem with a boiler and it doesn't go swimmingly so he loses out. He get's called out to boiler repairs, get's half way there and then cancelled. Theres no pay for that.

Theres a reason so many work for British Gas - they get paid regardless of if they are in a traffic jam, regardless of whether the service takes longer and regardless of whether the homeowner is in for the appointment.