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Could equity release help fund home maintenance?

20-02-2012 11:14

Equity release schemes may help pensioners to fund home improvements such as professional carpet cleaning, which one expert has claimed should be carried out once a year.

Marketing manager at The Woolsafe Organisation Steve Bakker explained how the best way to keep carpets in a good condition is to regularly give them a thorough clean.

He noted that paying experts to conduct a deep clean annually can actually save individuals money in the long run, by rejuvenating the pile of a carpet.

"A professional clean will rid you of any prolonged dirt and can extend the life of your carpet by up to 40 per cent," Mr Bakker remarked.

It was noted that professionals will use techniques and have equipment that will help to remove stains that people cannot shift on their own.

Elsewhere, Mr Bakker recently advised homeowners to opt for carpets with a heavy pile density in areas of high wear and tear, such as on stairs and in hallways.

Ashall Glover Financial Services are equity release specialists

Posted by Edward Simpson

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