5 Tips for rental property maintenance | Advice

When it comes to rental property maintenance, a stitch in time really does save nine.

A well-maintained rental home not only attracts the best tenants and secure the highest possible rent, it also goes a long way in preserving the capital value of your asset and ensuring it appreciates over time, yet many landlords are reluctant to do so – often to their detriment.

A well-maintained rental home not only attracts the best tenants and secure the highest possible rent, it also goes a long way in preserving the capital value of your asset and ensuring it appreciates over time, yet many landlords are reluctant to do so – often to their detriment.

Lack of upkeep and regular maintenance is not only costly down the line when avoidable major repairs are required, it can also be downright dangerous.

At the very least, tenants should have the right to request an electrical compliance certificate, especially if they have small kids where earth leakage is vital.

Five top tips for remaining on top of their maintenance and reducing the risk of major repairs:

  • Schedule regular property inspections and maintenance to keep the property in the best possible condition. This way, even if your tenants haven’t reported a problem, you will still find it before it’s become a big, expensive issue;

  • Ensure the contractors you use are qualified to carry out the work and are registered with the relevant association for their trade. Where possible, obtain guarantees for work done and if it’s a large project, withhold 10% of their final invoice until you’re satisfied the work has been completed to your satisfaction;

  • Forward plan when you renovate to minimise the cost and time of repairs. For example, when renovating a bathroom, make sure working facets are easily accessible for repairs by not installing cisterns concealed behind walls and shower tiles;

  • Check the property is watertight ahead of winter by checking for any loose or missing roof tiles, gaps in the brickwork, window and door frames – anywhere water could penetrate. Have the gutters and drains cleared and make sure all the guttering and downpipes are in good condition.

  • She adds that landlords should also bear in mind that if they show they care for their property by providing good quality finishes and fittings and maintain the property well, tenants will generally take better care of it and treat it more as their own.

Courtesy of Private Property & Lew Geffen Jill Lloyd