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Leaky Homes assistance from BarterZone

Tuesday 9 February 2010, 12:37PM

By Charity Matters

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BarterZone NZ offering assistance to homeowners as the number of leaky-home victims continues to balloon.

A PricewaterhouseCoopers report released in December showed that between 22,000 and 89,000 houses leak, however the consensus view was that 42,000 houses leak; now with more claims being received by the Weathertight Homes Resolution Service, and talk that the estimated cost to fix homes is in the region of $11 - $22 billion, BarterZone CEO Patrick Howard is feeling for homeowners affected.

BarterZone, which launched in October last year, is offering an interest free credit line to help homeowners with repair costs to help repair their homes.

Howard said “We’ve seen so many people hurting when they discover the enormity of having a home that is affected by leaky building syndrome. We’re in a unique position to be able to help these people through our network of builders and related trades people.

“Approved homeowners will be able to join BarterZone and tap into this network and through an interest free credit line to have their home repaired. Meaning that at least some of the stress they are facing can be reduced and they can then set about having their home restored to its former glory.”

With some many homeowners affected, BarterZone is hoping it can in some small way help alleviate some of the stress these homeowners are facing.