How often do you check up on your properties when you have long-term tenants in residence? A lot of landlords don’t think about doing checks once they have a tenant in and the rent is paid up on time. But, unfortunately, making the assumption that everything is fine could cost you dearly further down the line and if you fail to keep a close eye on your properties, you could end up having to deal with a dispute.
Why should properties be inspected regularly?
Just because a tenant pays their rent on time, it does not automatically mean that they are looking after your property. A lot of tenants don’t bother telling their landlords when things need repairing and it is not unusual for tenants to have had a flood and not reported the subsequent damage. Condensation and mildew are another common problem caused by a lack of ventilation in the property—over the course of a year, the damage can be immense, but if spotted early enough, mildew and damp can be successfully treated before it destroys carpets and soft furnishings.
Sub-letting problems
Another good reason to keep a close eye on your properties is to check that your tenants are not sub-letting to other people. If you let your property to a respectable young professional couple, the last thing you need is to find out that subsequently they sub-let the property to a family of six illegal immigrants who have caused irreparable damage.
How often should I check up on my tenants?
Mid tenancy checks are essential because they will help you become aware of any problems. And if you do find problems, make sure you document them in order to protect yourself in the event if a dispute further down the line.
