The annual home maintenance checklist that could save you thousands
Original Article Summary
Kevin Shaw, national sales managing director, Romans (an LRG company) When it comes to property maintenance, prevention is the best cure. So, whether you’re a homeowner or landlord, you should have an inspection and maintenance schedule to ensure your property remains in good condition and you don’t end up with a sudden huge repair bill. Making […] The post The annual home maintenance checklist that could save you thousands appeared first on PropertyWire.
PropMatch Curated Analysis
Property investors should budget 1% of property value annually for maintenance and follow a seasonal inspection schedule to prevent costly repairs and ensure regulatory compliance, particularly important with upcoming Decent Homes Standard requirements.
Investor Relevance
Essential for cost management and regulatory compliance. Provides concrete budgeting framework (1% rule) and systematic approach to preventive maintenance that protects asset values, reduces emergency repair costs, ensures insurance validity, and prepares for new Decent Homes Standard obligations.
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