Do you have a regular maintenance schedule?
Embracing a regular maintenance schedule isn't just a choice, it's your shield against costly repairs and tenant dissatisfaction
In our recent landlord quiz, the overwhelming majority of landlords we asked (80%), said they deal with property maintenance proactively to prevent issues.
Only 14.3% said ‘if it isn’t broken, I won’t fix it’ and a small minority of 5.6% responded that they ‘fix issues as cheaply as possible’.
Maintaining your property so that it is safe and habitable for your tenants is part and parcel of being a good landlord.
So, if you’re going to need the support of a professional tradesperson it’s a good idea to get them booked in early, as invariably they will be busy at this time of year.
It can be difficult to find tradespeople to carry out maintenance and repairs, so it’s worth making the time to find qualified, reliable tradespeople.
Make sure you treat them well so that they are more likely to respond when you need them.
Unless you know how to fix something properly yourself, get a qualified contractor in – it’s generally better to fix something properly first time around.
If you fall into the 'if it isn't broken, I won't fix it' camp, or if you think fixing problems cheaply will save you money in the long run, you run the risk of not only devaluing your property and reducing your rental yields, but even breaking the law.
Regular maintenance is vital if you want to rent out a safe property while prolonging its value and attracting and retaining the best tenants.