Regular property inspections might often get overlooked, but they are an important part of every property owner’s job.
Although they might seem like admin chores and you may struggle to fit them into your busy schedule, property inspections can help you identify any issues that you might have missed otherwise. This also means that you can ensure that your property is in top condition, which can attract potential tenants. It’s crucial not to wait until it’s too late to conduct a property inspection.
Today we will take you through four key reasons why you should take the time to arrange regular property inspections.
Protecting Your Property Investment
Investing in property management means that you should ensure that your properties are maintained at a high level. A regular property inspection might reveal potential problems that need to be fixed. If you have tenants living in your properties, you may be worried about not being intrusive.
However, letting them know in advance about routine inspections that are due to take place means that they will be more likely to respect your wishes and handle them with care. Over time, your rental properties are bound to experience a certain amount of wear and tear, so regular inspections can help you avoid dealing with costly repairs.
Ensuring Your Property Is Safe
Ensuring safety is crucial, especially regarding the electrical installations on your property. They should be inspected and tested by a qualified engineer, who can help you conduct a risk assessment.
Trade Facilities Services can provide you with an Electrical Safety Certificate, allowing you to become fully aware of the status of your property. An Electrical Safety Certificate will also outline any recommendations, should there be a need for any improvements.
Their competent and qualified electricians will help you ensure that your property complies with the latest regulations and legislation.
Maintaining Property Value
It’s important to preserve your property’s worth over time, especially if this is a secondary source of income for you. This means that you should stay on top of things like roof inspections and boiler maintenance to maintain the structural integrity of your property.
Frequent inspections can help you identify any high-priority items that need to be dealt with, such as broken fixtures and fittings like taps or showers. Also, if you identify any instances of mould, this should be fixed straight away. All of these factors can have an impact on the value of your property.
Building Good Relationships
Developing good relationships with your tenants is another crucial factor to consider. Routine inspections will help you ensure that the property is well looked after, which means that there will be fewer issues to resolve at the end of the tenancy.
You can also check that your tenants are abiding by the property rules. Moreover, if there are any illegal activities going on, you will find out sooner rather than later. When conducting regular property inspections, you should always communicate this openly with your tenants, which will help you build trust.