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Landlords Risk management - When you decide to purchase property for buy to let purposes, there are many pitfalls you will face as a Landlord. Adopting a risk management approach to your lettings will help to minimize your problems.
Here are some to help you on your way.
· Have a record of electrical inspections carried out not more than 5 years ago
· Make sure you have a current Corgi Gas certificate
· Make sure that any furniture without safety labels is removed from the insured property
· Always provide user manuals to the tenant
· Make sure the Gas certificate is given to the tenant
· Make sure your tenants have a valid Tenancy Agreement Ensure that any Fire Doors fitted have a minimum of 30 mins fire resistance
· Provide a Fire Extinguisher & blanket for the kitchen
· Remove any portable gas or paraffin heaters from the property
· Check for any multi pin adapters in the property to guard against overload
· Check that any waste bins are stored at a safe distance from the property
· Check that any Flat roofing has been recently inspected
· Check that water tanks and any exposed piping have been lagged correctly
· Make sure there are no minor leaks in the bathroom or kitchen
· Make sure that all external walkways are free from trip hazards
· Inspect Buildings for loose tiles or fittings fit good quality locks to doors and windows
· If possible install exterior security lighting
Ref:
http://www.let-a-property.info