Debt free (virtually), but now need a loan

[Deleted User]

grocerjack wrote: »

Hi, 27sq.m for rear dormer, 18 sq, m for front dormer and 30 sq.m for garage so 75 sq metres in all. I'm hopeless at DIY and this EPDM stuff has worked out cheaper thn the felt quote (which surprised me). I think it has to be done, and done professionally.

Thanks Jack

This is going back a few years but when we had 2 dormer roofs we had one replaced one year the other the next, for both we claimed on the insurance, although maybe today they don't pay out as easily?

Bumblebear

My personal view is to think of a new roof for your home as in investment. The longer you leave it, the more expensive the job will be when it does get done. At least now you have the joy of time to find a reputable roofer and do some research, shop for the best way to borrow. If you leave it you might find yourself doing these things when the roof has caved in, you're desperate, and have to go for the quickest option rather than best value for money.

I do feel for you having life thrown at you, a classic case about one step forward and two back. If I am honest, I got married last year for less than £500 and wouldn't have had it any other way. All the niff-naff around it was superfluous, the important thing was that I married Mr Bumblebear. Of course it's an individual choice, and sadly not entirely yours to make.

Good luck with whatever you do

grocerjack

zenshi wrote: »

I would bite the bullet and get it done professionally

I am in same sort of predicament but a loan for me is out of the question. I have known that my roof needs re-roofing for several years but it took a leak to spur me on to start saving for it

That one repair cost about 1/6 of the estimated total cost due to scaffold which obviously would be needed for each seperate repair

It's put my debt free date back around a year but it's important to not neglect your house

Thanks for this, you make a good point about rescheduling your debt free bdate and just seeing this as a blip rather than a disaster. Much appreciated

Thx Jack

grocerjack

venison wrote: »

This is going back a few years but when we had 2 dormer roofs we had one replaced one year the other the next, for both we claimed on the insurance, although maybe today they don't pay out as easily?

We had a severe leak in July 15 which caused over £14k of damage internally, but the one thing the insurance company wouldn't pay for was the roof. So we patched it then as we have done with various other (much smaller) leaks over time. I think in all honesty we're at the end of the 3 flat roofs workable life and therefore time to bite the bullet and start anew

Thx Jack

grocerjack

Bumblebear wrote: »

My personal view is to think of a new roof for your home as in investment. The longer you leave it, the more expensive the job will be when it does get done. At least now you have the joy of time to find a reputable roofer and do some research, shop for the best way to borrow. If you leave it you might find yourself doing these things when the roof has caved in, you're desperate, and have to go for the quickest option rather than best value for money.

I do feel for you having life thrown at you, a classic case about one step forward and two back. If I am honest, I got married last year for less than £500 and wouldn't have had it any other way. All the niff-naff around it was superfluous, the important thing was that I married Mr Bumblebear. Of course it's an individual choice, and sadly not entirely yours to make.

Good luck with whatever you do

Thank you, a truly honest and insightful answer. My worry is that something even worse could happen with any of the roofs as they are on the edge of their life epectancy, as I said we've been here 16 years and they were already there when we bought. In July 15 the roofer who repaired our major leak (causing £14k of damage) said 18 months max before replacement. So now we're there, 18 months on and another leak (missing my side of the bed by 2 inches!). It won't heal itself and the quote was for £1620 for that roof alone as there is no viable repair and the whole thing needs replacing. If I'm going to spend £1620 on one roof (this was for a felt roof, the rubber roof quote was £1600), then part of me thinks that £4.5k to have all 3 done including the much bigger garage/study roof is money well spent and could avert a bigger bill later on.

Thx Jack