What am I missing? Roof replacement cost

dil1976

Here you go another thread, not sure of area but as you London you are going to be more than likely in the top tier of pricing anyway. Showing just a small section of roof being quoted at a figure not far from what you are coming out at.

https://forums.moneysavingexpert.com/discussion/6443225/choosing-a-roofer#latest

Anthony147

dil1976 said:

If you neighbours have had the same size roof done why not ask them how much and who did it.

Also the chances are the company will be vat registered so you can add another 20% onto any figure you have got.

No company put 100% profit on jobs

I have, they came in at 8.5k BUT just stated an amount without a breakdown which worried me so I obtained other quotes (cheapest does not mean best by any margin),  As I could not understand the price discrepency or why they quoted 21k and 23k I researched pricing and then wondered if something was being missed so came here for clarification and other opinions.

I can now see why they appear to be reroofing the entire street and can surmise they are cutting labour margins, work faster and have good connections for ancillary items which are outside the terms or conditions responders on here would work within or have access too.

btw - The thread you’ve pointed to aligns closer with what I expected prices to be (6.2k for the higher quote for reroofing without ancillaries) and theirs, the guys doing the same street and my estimate include VAT so not a valid point.

Once again - Thanks all and peace out.

dil1976

If they are doing a whole street then the cost per house is going to be less than the cost for just one house as a stand alone project as bulk buying means you can negotiate larger discounts.

Labour they are probably on price due to the volume of houses being done so again incentive to get it cheaper as continuity of work is guaranteed.

The thread I linked too was just for a small section of roof not a full roof, so would show you the cost of works from others as a guide.

Anthony147

dil1976 said:

If they are doing a whole street then the cost per house is going to be less than the cost for just one house as a stand alone project as bulk buying means you can negotiate larger discounts.

Labour they are probably on price due to the volume of houses being done so again incentive to get it cheaper as continuity of work is guaranteed.

The thread I linked too was just for a small section of roof not a full roof, so would show you the cost of works from others as a guide.

Think you may have misread as the OP typed this - The two quotes I have are coming in at £4800 and £6200 incl. vat for reroofing with reclaimed tiles. The higher one also includes leadwork in a couple of places and fixing and clearing some gutters, eaves tray and felt support tray. They both include removing debris etc. I didn’t have much confidence in the roofer that gave the lower quote. They mention a section before this and later on as access and scaffold cost was their major line of enquiry. (Again I’ll point out - The extra 10k above costings cannot be explained with a labour miscalculations even by a factor of 4, which still means margin at over 6k for a singular roof).

Remember - skip, scaffold and material pricing is readily available - The labour and margin is the missing factor determining the total price so unless I missed something which has not been forthcoming - Labour and margin are the varying factors between quotes.

also worth noting - on the assumption EVERY COST listed was DOUBLED against researched pricing, that’s a 5k margin on the job.

Whilst they are not doing the whole street as it originally was just one house and others like myself have subsequently enquired - So each one has had separate deliveries from differing suppliers (Selco, TP, independent branded and unmarked), labour is their concern but each one has had a four man crew and taken a day for stripping, barrier and batten and day to recover.

Maybe they are simply going for volume, hence pricing what appears competitively especially compared to responses here but only time will see.

As I’ve decided for the 21k and 23k, it’s profit, margin driving their pricing no further input or responses are needed.

We pay our money and make our choices.

Thanks again.

Tucosalamanca

Anthony147 said:

Tucosalamanca said:

Anthony147 said:

Tucosalamanca said:

Your costs are way out, as are your expectations of how fast roofers will work.

For London, upwards of £20k would seem about right.

A straightforward 2 bed terrace is about the only roof costing less than £10k these days.

Just seen your edit including costs - So in reality I’m not missing anything, it’s simply how much is wanted to make on the job - around 100% margin on access, waste and materials against retail prices, Labour between you are your crew and £5k margin on top for the job itself.

Fair enough - It’s simply, in my opinion the 10k is just additional margin on top - not that I’ve missed anything.

You're way off I'm afraid. I wish I was earning those kind of margins

Whilst not wanting to antagonise, can only surmise your suppliers are gutting you as my prices are from the retail, internet or asking people doing the work (skips, scaffold).

Peace out all and thanks

My daily business includes several FTSE350 companies, a VERY large European retailer, handful of councils, housing associations, care home providers, charities, regional house builders, letting agencies as well as subcontracting for other trades and private clients.
I'm pricing day in day out and have a very good idea of what things cost, you've had two quotes reasonably close in price, I've confirmed that the figure is ballpark (without knowing specific details) but I guess that you know better...

dil1976

Anthony147 said:

dil1976 said:

If they are doing a whole street then the cost per house is going to be less than the cost for just one house as a stand alone project as bulk buying means you can negotiate larger discounts.

Labour they are probably on price due to the volume of houses being done so again incentive to get it cheaper as continuity of work is guaranteed.

The thread I linked too was just for a small section of roof not a full roof, so would show you the cost of works from others as a guide.

Think you may have misread as the OP typed this - The two quotes I have are coming in at £4800 and £6200 incl. vat for reroofing with reclaimed tiles. The higher one also includes leadwork in a couple of places and fixing and clearing some gutters, eaves tray and felt support tray. They both include removing debris etc. I didn’t have much confidence in the roofer that gave the lower quote. They mention a section before this and later on as access and scaffold cost was their major line of enquiry. (Again I’ll point out - The extra 10k above costings cannot be explained with a labour miscalculations even by a factor of 4, which still means margin at over 6k for a singular roof).

Remember - skip, scaffold and material pricing is readily available - The labour and margin is the missing factor determining the total price so unless I missed something which has not been forthcoming - Labour and margin are the varying factors between quotes.

also worth noting - on the assumption EVERY COST listed was DOUBLED against researched pricing, that’s a 5k margin on the job.

Whilst they are not doing the whole street as it originally was just one house and others like myself have subsequently enquired - So each one has had separate deliveries from differing suppliers (Selco, TP, independent branded and unmarked), labour is their concern but each one has had a four man crew and taken a day for stripping, barrier and batten and day to recover.

Maybe they are simply going for volume, hence pricing what appears competitively especially compared to responses here but only time will see.

As I’ve decided for the 21k and 23k, it’s profit, margin driving their pricing no further input or responses are needed.

We pay our money and make our choices.

Thanks again.

You really have no idea on how costs work if you think like that. Just because something is readily available then doesn't mean its one fixed price per unit no matter how many you buy. I am starting to think you just want to believe your theory on profit without knowing what you are are about.

Anthony147

Tucosalamanca said:

Anthony147 said:

Tucosalamanca said:

Anthony147 said:

Tucosalamanca said:

Your costs are way out, as are your expectations of how fast roofers will work.

For London, upwards of £20k would seem about right.

A straightforward 2 bed terrace is about the only roof costing less than £10k these days.

Just seen your edit including costs - So in reality I’m not missing anything, it’s simply how much is wanted to make on the job - around 100% margin on access, waste and materials against retail prices, Labour between you are your crew and £5k margin on top for the job itself.

Fair enough - It’s simply, in my opinion the 10k is just additional margin on top - not that I’ve missed anything.

You're way off I'm afraid. I wish I was earning those kind of margins

Whilst not wanting to antagonise, can only surmise your suppliers are gutting you as my prices are from the retail, internet or asking people doing the work (skips, scaffold).

Peace out all and thanks

My daily business includes several FTSE350 companies, a VERY large European retailer, handful of councils, housing associations, care home providers, charities, regional house builders, letting agencies as well as subcontracting for other trades and private clients.
I'm pricing day in day out and have a very good idea of what things cost, you've had two quotes reasonably close in price, I've confirmed that the figure is ballpark (without knowing specific details) but I guess that you know better...

Fair enough and good for you.

dil1976 said:

Anthony147 said:

dil1976 said:

If they are doing a whole street then the cost per house is going to be less than the cost for just one house as a stand alone project as bulk buying means you can negotiate larger discounts.

Labour they are probably on price due to the volume of houses being done so again incentive to get it cheaper as continuity of work is guaranteed.

The thread I linked too was just for a small section of roof not a full roof, so would show you the cost of works from others as a guide.

Think you may have misread as the OP typed this - The two quotes I have are coming in at £4800 and £6200 incl. vat for reroofing with reclaimed tiles. The higher one also includes leadwork in a couple of places and fixing and clearing some gutters, eaves tray and felt support tray. They both include removing debris etc. I didn’t have much confidence in the roofer that gave the lower quote. They mention a section before this and later on as access and scaffold cost was their major line of enquiry. (Again I’ll point out - The extra 10k above costings cannot be explained with a labour miscalculations even by a factor of 4, which still means margin at over 6k for a singular roof).

Remember - skip, scaffold and material pricing is readily available - The labour and margin is the missing factor determining the total price so unless I missed something which has not been forthcoming - Labour and margin are the varying factors between quotes.

also worth noting - on the assumption EVERY COST listed was DOUBLED against researched pricing, that’s a 5k margin on the job.

Whilst they are not doing the whole street as it originally was just one house and others like myself have subsequently enquired - So each one has had separate deliveries from differing suppliers (Selco, TP, independent branded and unmarked), labour is their concern but each one has had a four man crew and taken a day for stripping, barrier and batten and day to recover.

Maybe they are simply going for volume, hence pricing what appears competitively especially compared to responses here but only time will see.

As I’ve decided for the 21k and 23k, it’s profit, margin driving their pricing no further input or responses are needed.

We pay our money and make our choices.

Thanks again.

You really have no idea on how costs work if you think like that. Just because something is readily available then doesn't mean its one fixed price per unit no matter how many you buy. I am starting to think you just want to believe your theory on profit without knowing what you are are about

- Pretty sure the following formula is very sound and has been used for a fair while:
Cost charged - (Cost of materials + Cost of Labour + Operating costs + Margin) = Profit

btw - This thread with quotes might interest you as seems other can get the job done at or around my estimations so still perplexed as to what the extra would be for if not margin - but hey as you’ve said - I really have no idea on how costs work-  https://forums.moneysavingexpert.com/discussion/6432015/roof-quote

I’ve reached my conclusion, All the best to you and once more Peace out.

xewecan

Hello. I got some bids from some roofing companies. Some were close to each other one was like 25 percent of what the other companies would be charging to do the new roof. I was also talking to person down the street and they got the same type of price from the same company . You think the cheaper company was just going to make it up on extras or just a cheap product. Went with one that has been in business for 50 years they did a fine job. What do you think.

Anthony147

My reroofing job was finished a while ago and all in came at 8k with no issues.
Still firmly of the belief that the 20k+ quotes were outlandish and simply had a high margin built in (all were for specific materials so comparison was effectively like for like).

in reality will never know why the differential given the expert opinion offered was that the higher quotes were reasonable - but we pay our money, make our choice and time will tell.

anonymous12124

I had my roof done about 2 years ago now for £4600 in the West Midlands. I have a typical 3 bed semi common for the area. When I was asking online everyone told me to expect to pay £6-£7k, anyone charging less than that was not professional/cowboys. Well I had 6 quotes ranging from £4200 to £5600. My gut was telling me people online were wrong and/or deliberately exagerrating costs for some reason. In this case Anthony you were right to follow your gut.