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General Maintenance a 'good idea' for the proactive landlord

General Maintenance a 'good idea' for the proactive landlord

Investors in buy-to-let properties have a wide range of factors to take into account as they go about building a portfolio, and safeguarding the profitability of their assets is vital to their success in the sector.

Indeed, while there are currently impressive profits to be made in the lettings game, there is always the threat that unexpected costs can arise and threaten a landlord's budget, so taking steps to guard against such risks could be vital to guaranteeing continued yields.

One way to protect against having to cover expensive repair bills that might result from accidental damage is by securing a landlord insurance policy, and one expert believes that carrying out general maintenance work on a regular basis is also a good way to keep an eye on the condition of properties.

"General regular maintenance is your safeguard against the property falling into disrepair that will inevitably lead to expensive repair bills," said Lee Grandin, director at Landlord Mortgages.