Most landlords out of pocket after tenants’ property damage
Over two thirds of landlords find themselves out of pocket as a result of property damage caused by vacating tenants.
A survey of landlords have revealed that the biggest problem is stained carpets – 76 per cent of landlords say they need to remedy this in voice periods. Filthy ovens were a problem for 67 per cent of landlords while 58 per cent had to redecorate to cover marked walls.
Around 47 per cent of landlords with outside space had to pay for gardens to be cleared when a tenant departs, while 22 per cent had to replace damaged worktops.
More than one in three landlords claim that the damage inflicted on their rental property appeared to have been caused by pets – scratched floors, torn carpets and marked woodwork – with 24 per cent saying that this had happened despite the tenancy agreement stating that pets were not permitted.
As well as tackling obvious cosmetic property problems, 54 per cent of landlords surveyed said that they had unexpectedly had to repair broken facilities and utilities, such as cookers, gas boilers and showers, which the existing tenants had failed to inform them of. This could often lead to costs up to the value of one month’s rent.
The survey was conducted by services company Fantastic Services.
Central Housing Group’s ‘Guaranteed Rent’ Scheme provides professional assistance to landlords in addressing the various types of tenant-related issues highlighted in this article. Our friendly, professional and comprehensive management service offers regular property inspections (including the regular use of digital photography for monitoring purposes) and, in accordance with the terms of our contract, (in the absence of holding tenant deposits), also provides landlords with our assurance that we will rectify any and all wilful tenant damage.
Our ‘Guaranteed Rent’ Scheme and management service also provides landlords with the peace of mind that they do not have to deal directly with tenants when they break the rules and can instead rely on our experienced and professional team of staff to effectively deal with all tenant management issues.