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Landlord and Tenant News: Scrimping on home maintenance could cost more in the long run

By: Paramount-Magazine  Published Date: 22 Feb 2012 11:41
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A large number of people are putting their property's value at risk by not keeping on top of routine maintenance jobs.

Research from the AA found that 39 per cent of Brits are letting their homes fall into disrepair through either forgetfulness or as a way of saving money.

For landlords the problem could be even worse as it may lead to them to having to cover a hefty bill in the future.

Tom Stringer, head of AA Home Emergency Response, said: "Many homeowners seem to be mirroring the government's drive for austerity but this can be a false economy as problems tend to get worse in the home if you leave them unresolved."

The Landlord Syndicate recently advised property investors to do all they can to ensure that their properties are in tip top condition through these colder months.

It said that landlords should arrange a suitable time to visit tenants and make checks both to the inside and outside of the property as leaving things to chance could have dire consequences.

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