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Tradespeople are expected to make nearly £145m annually by 2040

Subsidence repairs are set to become the most expensive heat-related repair, with average costs reaching £15,000 per property

Climate change could drive £144 million worth of annual repair work for tradespeople, claims a report from Protrade.

The analysis of Met Office data and average repair costs estimates that London could face a repair bill of over £120 million a year by 2040.

The capital has the highest percentage of properties at risk from flooding and heat-related damage. Birmingham is also at risk with a forecasted repair bill of nearly £6 million a year.

Des Duddy, joint MD with Protrade said that as extreme temperatures and rainfall became more frequent “demand for structural and surface-level repair work is likely to surge”.

Key findings:

  • Climate damage repair costs top £144 million annually in the UK’s 20 largest cities.
  • London faces a £123m annual housing repair bill from flooding and heatwaves, with over one million at-risk properties.
  • Birmingham (£5.9m), Bristol (£1.6m), Cardiff (£1.3m), and Coventry (£1.2m) are the five UK cities with the highest annual costs for climate-related housing repairs.
  • London leads UK flood risk with 464,348 properties at risk, followed by Birmingham (45,203 homes) and Manchester (18,465 homes).
  • Heatwave damage risk is highest in London (541,739 properties) and Birmingham (47,979 homes), with the Midlands’ cities also at risk.
  • Construction expert on the steps the UK must take to ensure the trades sector is equipped to tackle surging demand for property maintenance.

The report also states subsidence repairs are set to become the most expensive heat-related repair, with average costs reaching £15,000 per property.

 

 

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