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Are you Renting a Property?
Good Property Managers and landlords know the importance of keeping their rental properties well maintained, not only are tenants entitled by law to have a safe and habitable living environment, it is also in a landlord’s financial interests to ensure the property is kept in good condition. After all, without rent coming in regularly each month, a property is worthless. Prospective tenants viewing a neglected property are also less likely to want to rent it. Meanwhile, tenants residing in a property that is suffering from neglect are more likely to treat the property poorly and not pay their rent on time.
If a property does not receive ongoing general maintenance, and if repairs are not acted upon straight away, in the long run the work is only going to cost more and take longer when maintenance or repairs are finally undertaken. Furthermore, the value of a property in disrepair is significantly lowered, decreasing both its investment and rental income potential. Many landlords insurance providers expect homeowners to maintain their property to the standards of the relevant Tenancies Act, and failure to do so could result in claims being denied.
The landlord may like to arrange routine maintenance on an annual basis such as checking drains and gutters, checking for signs of mould or damp, having air-conditioners serviced, mending any broken or leaking fixtures and generally inspecting and repairing any aspects of the property that could present problems. Examining fences and garden walls to ensure they remain in sound condition together with inspecting the roof and any chimneys for signs of damage are vital.
Other things that can affect the quality of tenant applying for a property is the cosmetic maintenance too, when necessary is essential. Touching up the paint job on interior walls when the property is between tenants is a simple enough task, and reasonably inexpensive. If landlords keep their rental properties in good condition, ultimately they will keep their properties at the highest value & attract the most quality tenants everytime.