Martin Lewis issues urgent warning to anyone with double glazing

Martin Lewis has given out advice after Everest went into administration
Martin Lewis has given out advice after Everest went into administration -Credit:ITV

Finance expert Martin Lewis issued an urgent warning to homeowners in the UK who have double glazing, in light of leading double-glazing company, Everest 2020 entering administration.

Following the announcement he shared via his X communication channel, previously known as Twitter, this simple message: "Double glazing firm Everest 2020 falls into administration, your rights.."

He elaborated by saying: "Everest, also referred to as 'Everest 2020', entered administration this Wednesday 24 April 2024. Business advisory organisation ReSolve is managing the process. Unfortunately, ReSolve was not able to find a buyer for the whole business, leading to most of Everest's employees being laid off. Nevertheless, a few assets are set to be sold to competitor Anglian Home Improvement."

Responding to the news, one follower mentioned: "By the way - if you are worried about this possibility when a company offers 'X year guarantee' ask them if the guarantee is insured. We recently had our roof redone on a guarantee and it includes 3rd party insurance, in case they go under. Hindsight is 20/20.."

Another disgruntled patron shared their past experience with the company showcasing bias by tweeting: "No surprise. We once called for a quote for a composite door. He googled our address and told us "they're very expensive, you know. I've googled your address, and I just want to check, reports the Manchester Evening News.

"Are you sure you can afford it?" he said.

"He had basically judged us on our address... (1/),", a second customer voiced.

"You'd hope you'd be insulated from any issues here ....," one patron commented. "I'm assuming they were part of FENSHA so customers old and new should be covered," another speculated.

"And back again in a month but no liability for the customers and suppliers they've stiffed. Everest used to be a trusted name and now its lower than the dogs doodahs," a third customer vented their frustration.

Everest has ceased accepting new orders, leaving over 1,500 customers with unfulfilled orders, as disclosed by ReSolve, the appointed administrators.

However, an arrangement has been made with Anglian to subcontract and ensure the completion of existing orders.

Anglian will be contacting customers in "the coming days and weeks" to confirm order details and arrange the completion of the work.