1. Keep full details of tenant’s arrivals and departures. Ensure that all tenants have proper tenancy agreements and they are stored correctly..
2. Keep logs and records of all inspection visits to the property i.e. when property inspection took place, what was discovered, what discussions with tenants took place etc.
3. Have a full record of all faults found and repair work done, together with receipts and invoices to prove this (should it ever be in question)
4. Keep copies of all letters to and from tenants so you can prove that you did not ignore the issues or concerns raised in regards to the property. If a letter is not required then create a file note of relevant discussions and/or phone calls. Tenants tend to have a different recollection to yours so a note of what actually happened can be very useful.
5.Safely store all certificates for safety equipment and tests including for the five year electrical test along with evidence of your risk and fire safety assessments. If there is no record, you will not be able to prove it if challenged by the tenants or Local Authority.
We hope you found this list helpful.
We Help Property Owners By;
Solving Financial Difficulties
Resolving Legal Issues
Maximising Value Via Property Development
MORTGAGE ARREARS: If you have an urgent financial situation which may lead to the sale or repossession of your property, we will work with you to solve or contain the problem, as this buys you time to consider your options. Our primary goal is to keep you and your family at home. READ MORE.
MAXIMISE YOUR PROPERTY VALUE: If you have a property which is in need of renovation or you want to develop your land or property to maximise profit for sale or refinance, we can help. We have a number of packages available to property owners who would like assistance in obtaining planning permission and/or developing their property. READ MORE.
Which Solution Works For You?
If you have an urgent financial crisis – we provide immediate debt solutions in regards to your property.
If you want to maximise the value of your property or land – we can provide funds for development.
Have you received an eviction order? Are you facing the repossession of your home? We can help.
Meeting Your Financial Commitments
Expired Bridging Loan; If your bridging loan term is about to end or it has already expired, we work on your behalf to liaise with receivers, trustees or administrators to agree terms to prevent a forced sale of your property at auction or via estate agents.
