Roofs and Assurance

A quarter of a century ago, Catherine and I were persuaded (coerced?) to take out a savings and life assurance policy, with 'the Pru', naturally. The monthly fee was GBP10 per month, which at the time was a quite substantial amount. For comparison, as a student my weekly budget, after paying the rent, was GBP20 per week. Nowadays, of course, you would be lucky to get half a dozen 99 flakes from the ice cream van for GBP10.

After paying for years and years, the policy finally matured, and the money allowed Elk's Street to replace the old roof on our house. Below a couple of photos.

The builders arrive - only a few weeks late.

A builder hard at work. (Photo courtesy of neighbour Kaisu.)

For the inquisitive among you, the total cost was EUR 16,170 (incl. 22% VAT). We do qualify for a tax deduction for homeowners of EUR 3,200 but the moral still remains; don't buy old houses!