An inventory software firm claims periodic visits by agents or landlords could lead to a reduction in damage to rental properties.
The suggestion, by Infuma Let, comes hot on the heels of a demand by one local authority that agents or landlords visit properties as frequently as every month, to comply with the provisions of local licensing.
Infuma Let claims damage at the end of a tenancy can easily run into hundreds of pounds with the most common problems being burns on carpets, baths and UPVC window sills and frames, heat damage to polished wooden furniture, and stiletto heel imprints on wooden floors and vinyl.
Claiming for damage on insurance policies may prove to be tricky as Landlord Insurance Premium Tax will be increased in November from 6.0 per cent to 9.5 per cent “making this an unattractive solution for a lot of landlords who claim for damage on their policies” claims the software firm.
It recommends at least mid-term inspections are conducted by agents to assess the condition of the property and discuss any damage with the tenant.
Visits can also reduce the risk of sub-letting, and may allow more targetted replacement of items that are damaged or worn out - an increasingly critical issue for landlords, the firm says, as a result of recent Budget changes in the application of the wear and tear allowance.