What will it cost me?
From the outset, it is important to understand that there are 3 types of inspection: Initial, Routine, and Final.
The Initial: Ideally this should be done before tenants move in. It involves recording all surfaces, down to the insides of cupboards and wardrobes, with a written and photographic record. This usually is the most time intensive inspection but the information provides a good benchmark for all future inspections.
Routine inspections: These are the monitoring of the property during the tenancy. Again, this is both written and visual but is usually a much shorter exercise and is primarily checking on such things as damage, maintenance, and possible health concerns. In some cases it may be necessary to issue a 14 day letter for the tenant to remedy issues noted.
Final inspections: These are similar to initials in terms of close checking for problems that may have been hidden when the property was occupied. With instances where there are damage or cleanliness issues evident, these written and photographic reports can be valuable evidence at tenancy Tribunal hearings.
There are a number of variables that will affect the cost of a rental property inspection. To begin with, you need to decide which type of the above inspections you require. Is the property occupied or unoccupied? How many bedrooms and are there other rooms Such as a separate dining room, extra bathrooms or conservatories? Is there a separate garage, Or, is it intergrated into the house? And does the property have grounds that need to be included?
All of these contribute to the specific costs of inspecting your property. What I can say is that the cost will be significantly less than having weekly deductions from your rental payments.
I would be more than happy to provide a free quote on inspecting your asset either as a one off inspection or on a regular basis to give you the peace of mind that comes with knowing what is happening to your property.
Contact me anytime, I am here to help.