• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Task Lab

the task lab

  • Home
  • About
  • Lifestyle
  • Technology
  • Business
  • Traveling
  • Health
  • Contact

What Services Is Worth Undertaking as a Rental Owner?

November 2, 2020 Laura

Facebook0Tweet0Pin0LinkedIn0

It is useful at the start of your journey as a landlord, and periodically throughout, to accept services for the property which are beyond your capabilities. These services can cover a variety of areas that work to protect your interests, avoid extra risk to new tenants, and prevent costly oversights.

Here are a handful of the types of services that a new rental owner or landlord may want to consider.

Fire Risk Assessments for Older Properties

While newer properties are often built using materials that are flame resistant and pose far less risk, it’s not the same with older properties.

While providing fire extinguishers of the right type and fire blankets along with CO2 alarms and gas detectors is very necessary, that only goes so far. With a fire assessment, it’s all about looking for places of vulnerability to prevent or significantly lower the risk of a bad outcome. Recommendations are often made, and fixes can be applied to reduce any future fire risk considerably.

Asbestos Management Surveying

Asbestos is no longer used in newer structures, but it was sometimes utilized in properties built in the 1950s to 1970s. As such, with an older block of flats, it is somewhat common to find a little bit of asbestos used here and there.

The areas of a building where asbestos is most likely to be discovered are in the flooring, textured coatings, the lagging, the ceiling, or within the cement.

For older properties, getting an Asbestos Management Survey performed can confirm whether the block has any longstanding issues in this regard. Given that exposure can cause serious respiratory diseases or worse, this is well worth doing for older buildings where its presence is a possibility.

Block of Flat or Landlord Insurance

Specific insurance for owners of a block of flats, or as a landlord of one or more properties made available for rental, is very necessary. Other types of insurance might not provide cover for rental properties, so it’s worth looking at the small print to be sure.

While the cover will often address areas of concern both inside and outside the property, some policies may also include personal liability coverage to protect you from potential lawsuits. A company like Deacon (deacon.co.uk) has access to multiple insurers and can help you seek a competitive quote as a building owner renting to tenants.

Maintenance Services

While the tenants may choose to remedy minor cosmetic issues themselves if they’re handy with a wrench or a paintbrush, most tenants will leave all maintenance matters up to the landlord or managing agent.

It’s important to have regular maintenance performed where it’s required. For a block of flats, this might include work on the roof, or clearing the guttering in the autumn to prevent overflowing water falling to the ground creating a safety hazard. A large central boiler that provides hot water to the radiators in several flats in a block may require yearly servicing and parts replacement to keep it operational too.

By hiring in the services required, a block of flats or individual rental can be set up correctly and be well-managed annually from thereon.

 

0 Shares
Facebook0Tweet0Pin0LinkedIn0

Business

Primary Sidebar

About The Task Lab

Hi! I’m Laura and here at The Task Lab we are all about organization, productivity, technology and budgeting. We want to provide you with tools to enhance your daily life, with as little effort as possible. A lot of this has to do with building new habits, which we will talk about a lot.

Follow Us Online

  • Facebook
  • Google+
  • Instagram
  • Twitter

Archives

  • February 2021 (18)
  • January 2021 (15)
  • December 2020 (20)
  • November 2020 (23)
  • October 2020 (10)
  • September 2020 (13)
  • August 2020 (20)
  • July 2020 (17)
  • June 2020 (20)
  • May 2020 (11)
  • April 2020 (18)
  • March 2020 (29)
  • February 2020 (17)
  • January 2020 (16)
  • December 2019 (35)
  • November 2019 (21)
  • October 2019 (17)
  • September 2019 (12)
  • August 2019 (19)
  • July 2019 (10)
  • June 2019 (15)
  • May 2019 (17)
  • April 2019 (12)
  • March 2019 (20)
  • February 2019 (1)
  • January 2019 (4)
  • December 2018 (2)
  • November 2018 (3)
  • October 2018 (1)
  • September 2018 (6)
  • August 2018 (6)
  • July 2018 (5)
  • June 2018 (8)
  • May 2018 (8)
  • April 2018 (5)
  • March 2018 (35)
  • February 2018 (9)
  • January 2018 (24)

Recent Posts

  • Useful Expat Tips on How to Manage Your Finances When Living Abroad
  • How to Ensure Your Workplace is Safe for Employees
  • Senior Wellness: 5 Tips You Need to Know
  • The New Pet Checklist
  • What Does a Web Order Management System Deliver For Small Business?
  • Stainless Steel Brad Nails – Why You Should Get The Right Tools For The Job
  • Little Indications That It Is Time To See An Eye Doctor
  • Why You Will Still See Office Printers For Sale
  • Portable Yoga Studio – What You Will Need
  • 6 Smart Ways Stock Market Companies Can Avoid Fraudulent Activities

Facebook

The Task Lab

Footer

About US

Hi! I’m Laura and here at The Task Lab we are all about organization, productivity, technology and budgeting. We want to provide you with tools to enhance your daily life, with as little effort as possible. A lot of this has to do with building new habits, which we will talk about a lot. Read More…

Recent Post

  • Useful Expat Tips on How to Manage Your Finances When Living Abroad February 25, 2021
  • How to Ensure Your Workplace is Safe for Employees February 24, 2021
  • Senior Wellness: 5 Tips You Need to Know February 24, 2021

Facebook

The Task Lab

Copyright © 2021 · Daily Dish Pro on Genesis Framework · WordPress · Log in

COPYRIGHT 2018 ·The Task Lab