How to prepare for a recession

With a recession forecast and looming on the horizon, it’s more important than ever to ensure that your home is as secure as possible. According to The Guardian, during the 2008 recession, personal thefts rose by a whopping 25%, and burglaries by 4%. Ensuring your home and personal and sentimental items are well-protected will mean one less thing to worry about as the winter months approach. Take a look at our top tips below for how to prepare for a recession:

Change faulty locks

Ensure your locks on both windows and doors are completely up to date, so you can have complete peace of mind in your home. We would advise updating fittings now before winter hits and precious pennies might not go as far, as well as ensuring the locks are bedded in properly before a cold snap. Statistics released from the Office of National Statistics showed that a huge “76% of adults reported their cost of living had increased over the last month”.

Updating locks can also help you save money in the long run; ensuring doors and windows are shut and locked tightly can reduce drafts and help to keep down energy costs.

Install a home security system

It’s impossible to put a price on feeling safe and secure in your own home, especially with winter approaching and the urge to slow down and cosy up becomes stronger. As statistics show that burglaries increase during a recession, it’s more important than ever to ensure you do everything you can to deter intruders and protect your possessions. Fitting a home security system that runs 24/7 not only gives peace of mind but can also help save money in the long run. The more secure your home, the lower your home insurance premiums should be (Ideal Home), as you are less likely to make a burglary claim.

We know that the prospect of a recession on the horizon can be the source of a great deal of worry for many. Knowing your house is safe and secure allows you to fully relax when at home. This will automatically increase feelings of well-being and promote positive mental health. The positive effects of feeling completely safe and secure inside your home cannot be overstated, so it’s worth safeguarding your home as best you can.


About LockRite

LockRite are a nationwide network of trusted local locksmiths, available 24/7. Our locksmith services include lock-outs, non-destructive emergency entry, lock changes, repairs & upgrades, burglary repairs, smart lock installs, maintenance and more. Need a locksmith near you? Visit our website here. Rated 4.9 on Reviews.io and Trustpilot.