Window Prices Going Up! What Does This Mean For You?
- By Creative Glazing
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- 28 Sep, 2018
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As one of the leading double glazing companies in the country, Creative Glazing are keen to help our customers and keep them updated on changes in the industry. Over the past few years, window companies have been feeling the pinch as margins get tighter and prices seem to keep rising. It seems that suppliers have been subject to a number of rising costs as sourcing raw materials gets more expensive and various factors impact every part of the industry. We understand that homeowners want up-to-date, impartial advice and that’s why we have examined a number of factors to keep you informed. When it comes to window replacement it’s important to have the facts at your fingertips and we are happy to provide them.
Windows and Doors Cheaper Than Other Home Improvements
The price of windows and doors hasn’t risen in the same way that other home improvements have such as the price of a bathroom suite or a new kitchen, however one of the reasons for this is that double glazing has actually been underpriced in this country for the past few decades. So, if you are planning a home improvement of any kind, it’s probably a good idea to get your new windows or doors installed now, rather than waiting til a later date. After the vote for Brexit in 2016, we saw a jump in prices and that seems set to continue into 2019 and beyond.
The price of aluminium
US sanctions on Russia have led to an increase in the price of aluminium. Many Russian companies are involved in the production and export of aluminium and these have been hit heavily by the sanctions. This in turn affects companies which they supply. The costs of importing aluminium into this country has actually gone down a little recently but it hasn’t returned to previous levels and given the current unrest, it’s unlikely that it will return to normal. Rather than risk more increases, it would be better to call the windows installer now and save yourself money in the long run!
The cost of oil
Oil is a constant cause of consternation for the construction materials industry. The cost of oil has recently hit a four-year high as various Middle Eastern countries have sanctions and control the cost of the price of a barrel as the resources dwindle. As the industry needs oil to transport materials required for windows around the world, it means that this has a great impact on costs. As the oil runs out, this is going to mean that prices will continue to be affected. Oil is also used in the materials that make windows, so this is another way prices rise.
Prices increases set to continue
If you’re wondering what other factors may affect the price of windows, then there are external factors that are going to further increase window prices too. Currency has been in constant fluctuation over the past few months, and sterling hasn’t really regained stability since the announcement of Brexit. In order to protect their profits, double glazing companies have had to build in a margin to ensure they don’t get stung if there are any further drops.
If you’re considering uPVC windows and doors in any home renovation projects then it would be better to make this investment now as it’s likely that prices will continue to rise.
Creative Glazing are leading windows installers based in Glasgow and serving central Scotland. Enquire now on 01418820204 or fill out the form on our contact page and we’ll be happy to help.