I have lots of conversations with Landlords every week and one of the questions that we talk about A LOT is “What if my property gets trashed?”
“Trashed” is a word that I’ve heard a lot in the Lettings Industry when Landlords talk about check out
If there’s regular visits to the property, then you would know on your first visit whether the tenants are looking after the property. You’d certainly pick up on any damages, right? If you have a detailed professionally prepared Inventory, signed by the Tenant on check in, supported with photographs, you have your evidence, right?
But what about if you never went to visit? How would you KNOW whether your property is being looked after? How would you KNOW whether your tenants have adopted some pets or even whether the people in the property match the people on the tenancy? So I’m talking about sub-letting here – it can and does happen
I was talking to a Landlord yesterday with a portfolio of properties who hadn’t been to one of his flats for 18 months. He’s been a Landlord for 20 years and happy to manage his properties himself. With 20 years experience he knows what he’s doing
What could possibly go wrong?
Well, in the beginning, there was no problem at all. The rent came in like clockwork, the tenants never bothered him with repairs – no news is good news, right?
Or so he thought …..
When he tried to contact the tenants to let them know he wanted to sell the property, he couldn’t get a response. The tenants refused to answer calls, emails, letters and he was at a loss as to what to do next
His only option was to serve a Section 21 Notice for Possession
So he went through the whole eviction process and finally got his property back last week
Guess what he found?
Several beds in a two bedroom flat, a kitchen damaged beyond repair, carpets ruined, broken furniture, the list is endless
So, my question to you is this ……
Do you think he could have seen this coming if he’d have made time for his 3 monthly visits? Do you think he could have saved himself a few grand on repairs?
If you don’t have the time or desire to visit your property, just let us know – we’ll do it for you and provide you with a full report and photographs, giving you peace of mind that your property isn’t going to be trashed when you get it back!