One simple question

[Diddums 4,346]

Here it is. Assume you're a home owner. 

 

Would you pay a tenner a month for a home maintenance and inspection service which would give you one free callout a year, whether it be plumbing or electrical, and also two inspection visits a year where you plumbing and electrical services are lightly inspected for early signs of failure? 

 

Cheers ❤️ 

[GazzaGarratt 11,049]

Only if I saved something in return. However, my attitude to risk is far different to others. I dont have many insurances, etc because my attitude is I look after stuff and eventually when things run out I've saved the money that would pay for the replacement or new parts.

 

What would be good to know is if the 'early signs' would give the customer a discount or free fixing to said issues that have been spotted?

 

Also, a lot of people these days use mates rates with gas and electrics. Not so much water though.

 

Would most here know what to do if there was an issue on their boiler? Or water mains? I suppose your question leads me to other questions which always means it's a good one.

[techno 3,510]

8 minutes ago, Diddums said:

Here it is. Assume you're a home owner. 

 

Would you pay a tenner a month for a home maintenance and inspection service which would give you one free callout a year, whether it be plumbing or electrical, and also two inspection visits a year where you plumbing and electrical services are lightly inspected for early signs of failure? 

 

Cheers ❤️ 

Yes 

I have one for electrical, plumbing and water. Some can be covered by house insurance but I have always got value out of these otherwise I wouldn't have done it. It's a small outlay we don't miss each month but has saved me significant amounts (especially water) that im basically Infront.

[Diddums 4,346]

Just now, techno said:

Yes 

I have one for electrical, plumbing and water. Some can be covered by house insurance but I have always got value out of these otherwise I wouldn't have done it. It's a small outlay we don't miss each month but has saved me significant amounts (especially water) that im basically Infront.

 

What service is this Gary? 

[Middle Class Caveman 980]

My wife says that’s a lot of money, £120 a year, as a call out service is usually only £60.

 

 

[GazzaGarratt 11,049]

Just now, Middle Class Caveman said:

My wife says that’s a lot of money, £120 a year, as a call out service is usually only £60.

 

 

That's a good point, some people think annually and a 3 figure sum is a bitter pill a lot of the time to people across the country (Not the London folk though I imagine).

[Diddums 4,346]

Just now, Middle Class Caveman said:

My wife says that’s a lot of money, £120 a year, as a call out service is usually only £60.

 

 

 

There's a lot more to the whole plan than that, which I can't divulge for obvious reasons. Callouts also depend on what it is, and is rarely just a case of pop out and fix it. Most will include a revisit with spares which is where their money is made.

[techno 3,510]

Just now, Diddums said:

 

What service is this Gary? 

We have a local electrician that runs his own scheme and I have homeserve York's water.

 

Also maybe alot depends on the age of the property and people's own personal DIY skills. I have none I pay professionals 👍

 

 

[techno 3,510]

3 minutes ago, Middle Class Caveman said:

My wife says that’s a lot of money, £120 a year, as a call out service is usually only £60.

 

 

Is £120 alot of money when you break it down? 

[Diddums 4,346]

Just now, techno said:

We have a local electrician that runs his own scheme and I have homeserve York's water.

 

Also maybe alot depends on the age of the property and people's own personal DIY skills. I have none I pay professionals 👍

 

 

 

Gotcha, cheers.

 

The aim here is peace of mind and to save money. For example you have a tank in your house which stores water. This is never checked and when it goes wrong, it basically floods your house from the top down, fucking everything up in the process. You have to replace stuff, get decorators in, dehumidify, etc. You'll be lucky if you can stay in the place during these repair works. This is obviously quite a bad scenario and fairly unlikely to happen, but it does happen. For £10 a month you can have that inspected at no extra charge twice annually which although won't prevent sudden failure, will very significantly reduce the chances of it going wrong. 

[GazzaGarratt 11,049]

1 minute ago, techno said:

Is £120 alot of money when you break it down? 

For some yes. Its semantics though as a tenner a month isnt for the same people. I think Elliott highlighted how some people think which is good to know when you market a service because if it doesn't hit the mark for some reason, it may be down to how the price has been explained.

[techno 3,510]

10 minutes ago, GazzaGarratt said:

For some yes. Its semantics though as a tenner a month isnt for the same people. I think Elliott highlighted how some people think which is good to know when you market a service because if it doesn't hit the mark for some reason, it may be down to how the price has been explained.

I agree "for some" usually the lowest paid who funnily enough will probably be the ones that suffer most for not having such a service. However we smoke, drink , drive , have nice things etc can you see where you'd really miss a couple of quid a week? 

We can go around in circles with this, we had a 9k fix spread between 3 houses a few years back which at the time would have screwed me, I like the peace of mind.

[Diddums 4,346]

11 minutes ago, GazzaGarratt said:

For some yes. Its semantics though as a tenner a month isnt for the same people. I think Elliott highlighted how some people think which is good to know when you market a service because if it doesn't hit the mark for some reason, it may be down to how the price has been explained.

 

 

I can confidently say (without divulging too much, and keep what you know to yourself pls) without a shadow of a doubt that the service I'm developing will be worth a tenner a month many, many times over. I may even charge more for it. It'll likely work in tiers however, like Copper / Bronze / Gold / Platinum kind of thing. I'll also likely take property size and portfolio worth in to consideration. 

[Middle Class Caveman 980]

29 minutes ago, Diddums said:

 

There's a lot more to the whole plan than that, which I can't divulge for obvious reasons. Callouts also depend on what it is, and is rarely just a case of pop out and fix it. Most will include a revisit with spares which is where their money is made.

If you gave us a breakdown of the ‘offer’ then we could likely give you a more detailed answer

[GazzaGarratt 11,049]

8 minutes ago, techno said:

However we smoke, drink , drive , have nice things etc can you see where you'd really miss a couple of quid a week?

I agree with you but as we know, this point is extremely hard for millions and trillions of people to work out.

 

All boils down to Priorities. Money will always revolve around that.

[Diddums 4,346]

Just now, Middle Class Caveman said:

If you gave us a breakdown of the ‘offer’ then we could likely give you a more detailed answer

 

A lot of patenting and copyrighting needs doing first. 

[Diddums 4,346]

Just now, GazzaGarratt said:

I agree with you but as we know, this point is extremely hard for millions and trillions of people to work out.

 

All boils down to Priorities. Money will always revolve around that.

 

I need to be careful what I say here, but my target demographic won't be the lowest earners in society, rather the Elliotts and Garys, those who understand the value of things like this.  I understand your viewpoint, but you've never had something catastrophic go wrong. Imagine a short circuit causing a fire in your house, you'll have to move elsewhere for a month at least whilst the repairs are carried out, you'll lose tons of stuff (at this point many go "but insurance lols" - could you imagine if your grandad's mug got ruined in a fire? That's irreplaceable stuff.  

[J4MES OX4D 10,033]

If you're a homeowner then definitely so - £120 is a bargain for some peace of mind. I've worked in the property domain for a few years now and one thing that has stunned me is how so many are neglectful of what is their most priceless asset. If you don't stay on top of maintaining your home then it can lead to ongoing problems and far greater bills down the line for things that were so preventable. The more you look after it the more it'll be worth and there's nothing better than a homeowner who has taken the utmost care of their property.  Some of the shitty homes and buildings I have been into which have been outright neglected by their owners is truly astonishing and what's worse is their sheer ignorance and blaming external factors. I have even seen someone who had a minor leak which would have cost £200 for an hours work and 16 months down the line they were looking at £8,000 wall, ceiling, floor and electrical damage.  That's one example I wont forget. 

 

People can spend £150+ on a night out but then have a major inquiry about spending less on important things like this. I know people don't like spending without getting something immediate and tangible in return but just think of this as a branch of insurance. Just make sure any services are reliable and fully legitimate. 

[GazzaGarratt 11,049]

1 minute ago, Diddums said:

 

I need to be careful what I say here, but my target demographic won't be the lowest earners in society, rather the Elliotts and Garys, those who understand the value of things like this.  I understand your viewpoint, but you've never had something catastrophic go wrong. Imagine a short circuit causing a fire in your house, you'll have to move elsewhere for a month at least whilst the repairs are carried out, you'll lose tons of stuff (at this point many go "but insurance lols" - could you imagine if your grandad's mug got ruined in a fire? That's irreplaceable stuff.  

No we have. A boiler fried and we also lost power to everything at the mains.

 

I'm lucky as I have family who do electrics and a family friend who does Gas. It doesn't always work out this lucky though, so I'm trying to more show you theres people that see different views...and if you can get into them you could spread your product much wider. 👍

[Plumbers Crack 4,062]

Coming from a similar professional background, I think I know where you're going with this but here's my £0.02......

 

Electrics - All you can do really is a visual of the consumer unit and possibly check the earth bonding, generally speaking anything else is buried in or under building fabric. Don't forget you need a Part P ticket for anything more than changing a socket/switch plate

 

Water - Using your water tank scenario, if you still have a water tank, check overflow for blockages and ballvalve float valve shuts off properly. Check tasp for proper operation and signs of leakage. Unvented cylinders need their safety valves, etc checked annually - you need an unvented ticket for this 

 

Soil/Waste - make sure everything drains properly, there's not much more to it than that

 

Heating - Annual boiler service and check controls are functioning correctly. If it's gas you need a ticket (Gas Safe), if it's oil you don't need a ticket IIRC but good luck with that if you haven't had any training. ASHP and electric boilers you would probably need the Part P ticket to cover touching the electrical side

 

Gas - aside from the boiler, you would probably only encounter hobs and cookers and I wouldn't touch 'em with yours let alone mine

 

External water and Drainage - WALK AWAY NOW, THERE'S NOTHING TO SEE HERE APART FROM TRAGEDY AND COST...leave to the specialists

 

With the exception of the last item, all the above could be done by a competent plumbing and heating engineer with the necessary electrical ticket to cover controls wiring.

 

Finally, aiming at the non-DIY but have the necessary cash is why this man is worth circa £70 million.....

 

 

Pimlico | London's Leading Service & Maintenance Company | 1 Hour Response | 24/7/365 | Pimlico Plumbers

WWW.PIMLICOPLUMBERS.COM

---

Pimlico. Emergency Plumbers London. 24 Hours a Day, 7 Days a Week, 365 Days a Year. Plumbers, Heating Engineers, Electricians, Roofers, Carpenters, and Builders all over London.

 

 

Yeah, I know, it's London and you wouldn't be aiming that high but it was worth a laugh

 

I spent a few years running a maintenance division with a £1.5 million turnover in the1980's so you don't need me to tell you that 99% of all phone calls are people's problems and the remaining 1% is Kayla ringing to say she loves you and can you pick up some milk on the way home!

 

[Misneach_ 299]

I pay 7 a month to cover my plumbing because I know it’s extremely old and will need replacing. Eventually, I will need new sewage lines to the street and it will be worth it.( I’ll only have to pay a 50$ deductible for something that I already got a quote for being over 6k to replace.

[Diddums 4,346]

50 minutes ago, Plumbers Crack said:

Yeah, I know, it's London and you wouldn't be aiming that high but it was worth a laugh

 

That's exactly what I'm aiming for. In fact I'll probably add another £30m on top of that. Yes, I am that confident in this idea! 

[Baabcat 1,646]

3 hours ago, Diddums said:

Here it is. Assume you're a home owner. 

 

Would you pay a tenner a month for a home maintenance and inspection service which would give you one free callout a year, whether it be plumbing or electrical, and also two inspection visits a year where you plumbing and electrical services are lightly inspected for early signs of failure? 

 

Cheers ❤️ 

I kinda already do this, except for more money, with British Gas homecare , which has been well worth it for me. More expensive, but call outs are all free (think one has an excess) but it’s a piece of mind thing. And they replace my pinholing radiators free of charge , so have been pretty good, although lately set or has gone downhill a bit. 
But I guess the question to Dids is how would you compete against a big corporate like that, cheaper yes but I’m paying for the responsiveness of a big corporate and therefore piece of mind 

[Teenwolf25 327]

I’m an electrician by trade so don’t have to worry about it.
If I wasn’t tho I’d rather pay a tenner a month to local well respected company rather than the idiots at British Gas. I’ve followed some of their engineers work and some of them are terrible. One of our customers tried taking them to court over stuff they’d done.


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