Lloyds TSB reveals £6m bill from bogus builders

25 August 2005
Bogus builders and shoddy repairmen have cost British householders a collective £6 million, according to Lloyds TSB Insurance.

The insurer is warning Brits to check the credentials of the builders they use after research revealed that almost a quarter (25 per cent) of homeowners have spent an average of £538 on correcting the damage done to their homes by poor tradesmen.

Plumbers were the worst culprits for carrying out substandard work, the insurer found, accounting for 30 per cent of the bodged jobs – whilst general repairmen made up a quarter (24 per cent), and electricians created 12 per cent of the shoddy workmanship.

Phil Loney, managing director, Lloyds TSB Insurance, advised homeowners to let their home insurance company help them select a trustworthy builder.

Mr Loney stated: "When faced with a domestic emergency, such as a burst pipe, most of us would be forgiven for reaching for the phonebook and calling the first tradesman we find.

"However, it pays to do a bit of research to ensure that you don't end up with a bodged job and aren't left facing a second repair bill."

Older people were most likely to be duped by bogus builders, the research found – 35 per cent of those aged 55 and over were caught out by shoddy work.

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