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LettingFocus

Unbiased buy to let, property investment and letting coaching, mentoring, advice and seminars for landlords from top selling property author and media commentator.

Tips for Getting Good Tradesmen and Repairing Appliances at Christmas by LettingFocus.com

Following my appearance on BBC2’s “Working Lunch” programme, here are our tips for a hassle free Christmas.

If you need something repairing, whether it is a white good like a washing machine or a semi-fixed installation like a boiler, first check if it is covered by the warranty or guarantee period first - and also what the extent of cover is.
For example, is the machine only covered for parts or is it covered for both parts and labour. Is it covered under any extended warranty you have taken out?
Check if you have a service contract with British Gas or another provider such as your home insurer? Some of these contracts offer a service line that is open on Christmas Day – though you may have to wait a little longer than usual for someone to actually come out to you during the festive period.
As I said on the programme, I would always advise people to have white goods fixed by a tradeseman supplied by the manufacturer of the machine. They will know what they are doing, be familiar with the machine and if they don't fix it right you can always go back to the manufacturer and complain to their Service Help Desk. You cannot do that with a man you plucked frrom the Yellow Pages or the Internet.

Preventative Steps

But even before you get to Christmas get things checked out well in advance because if you are not covered by a guarantee or warranty it will probably cost more to get stuff fixed at Christmas (and even if you have a warranty it will take longer too.)
So, if the boiler is making a wheezing noise or the washing machine is clanking, have it checked out now.
Check gutters to ensure they are clear of leaves and other debris and have your roof checked for missing slates.
Make sure you know where the water stop valve is (and that you can turn it off) – this is useful in the event of a flood.
Make sure you know where the fuse box is and that you know how to turn off the gas.
Keep a note of the number 0800 111 999 – you should call this if you smell a gas escape.
Ask friends for names and phone numbers of good plumbers, heating engineers and other tradespeople.
Have some portable electric fan heaters you can use to keep warm if the heating conks out and no one can come out and fix it promptly.

Getting the Work Done

Only use properly qualified tradesmen who are member of a national body of association. Check what membership of the body gives you and check they really are members by asking for ID
For example, all gas engineers should be listed on http://www.gassaferegister.co.uk/ (the new name for Corgi)
Decent plumbers and some heating engineers should be in http://www.ciphe.org.uk/ (which also has a list of plumber and heating engineers who are available over the Christmas period) or the Association of Plumbing and Heating Engineers.
Some white good suppliers are closed for only one day at Christmas.

Agree Fees

Assuming you are not covered under a warranty, agree a call out fee. Check if it includes VAT or not. Never agree to “payment by the hour.”
The call out fee is your payment to the contractor to diagnose the fault. As it is Christmas, you may have to agree to pay a higher call out fee than at other times of year. Don’t be surprised about this – after all how would you feel if your boss insisted you come into the office.
Once the problem is diagnosed, decide if it is worth getting it fixed anyway.
You need to decide if it may be better just getting a new machine in - (make sure you have checked out prices of new models in advance from local suppliers as well as the Internet) - this is especially true if the machine is old anyway.

Fixed Price Quotes
Get fixed-price quotes in writing (not an estimate) showing how long the job will take to complete.
If a contractor says you need to replace an expensive machine like a boiler, get a second opinion first, if you can. We have heard of lots of big firm service engineers saying boilers cannot be repaired when they can be. Often it is just a question of someone having the right part!
If you are getting something fixed, only pay when the job is complete and materials and debris cleared away.
If it is a big job ask for references from others or from sites like RatedPeople.com.
Always check installer ID and finally pay on time, so they come quickly next time and you are front of the queue when the next big freeze comes or your white goods break down.

ABOUT US

At LettingFocus.com we are experts on landlord issues.
Hello, I’m David Lawrenson.
I have been a landlord and property investor myself for over 25 years and am author of “Successful Property Letting” – which has been the UK’s top selling property and buy to let book for the last 3 years.

We help landlords and property investors make money in property by coaching them in ways that work, which are ethical and which involve minimal risk to the investor.

At LettingFocus we pride ourselves on giving independent unbiased buy to let advice for property buyers and landlords both on a one to one mentoring and coaching basis as well as through occasional group seminars.

Property syndicates and property advice in the UK is still largely unregulated and what counts as “advice” is too often more about making the promoter money than giving useful information to the investor.

With no link to property firms, developers or bridging loan providers, at LettingFocus, we can advise you on where and what type of property to buy for investment, when to buy and how to buy property at a low price. We also show you how to manage tenants properly and in ways that take up as little of your time as possible.

We also do consultancy and write for companies such as banks, local authorities, property websites and social housing providers – helping them with their landlord facing or buy to let product strategies.

AT OUR WEBSITE LETTINGFOCUS.COM:


THE HOME PAGE OF OUR MAIN SITE click here: LettingFocus Home Page
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For general info on our SEMINARS AND CONSULTING click here: Property Seminars, Networking Evenings and Consulting

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Copyright of Blog: David Lawrenson 2009. This blog is updated roughly once a week usually on a Monday or Tuesday.

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Insurance for Landlords and Finding Good Builders – by LettingFocus.com

Fed up with lousy unprofessional builders, plumbers and the like?
You know the sort!
They are the ones who do that funny noise where they breathe in through their teeth just before telling you that fixing this or that is going to cost you thousands.
They don’t “do” written quotes, they slag off other tradesmen, they are not members of trade associations, they don’t have public liability insurance cover, they don’t provide references, they don’t complete the job on time, they want to be paid in cash (to cheat the taxman), they start late, bugger off for weeks on end and when at last they do finish, they leave your house a mess because they have never heard of dust sheets and they don’t seem to own a vacuum cleaner.
You’ve seen the TV programme “Rogue Traders” so I’m sure you get the picture.
Well, these days, the internet has meant there are lots of great sites out there where members of the public can write recommendations or alternatively post bad reviews.
One decent site I have used recently is RatedPeople.com.
With this lot, what you do is post the job you want doing on line at the site and the site then selects 3 local builders / plumbers/ heating engineers (or whatever it is you want done).
They contact you and you then get the ones you like round to quote for the job.
Then, once the job is done you can go back and write about how they did.
You can also read reviews that other people have written and use that to decide for yourself about which contractor to use.
With RatedPeople the tradesman pays a listing fee of about £50 a quarter and another fee for each lead he chases up.
Now, of course, it is not impossible to cheat the site.
Most obviously, a builder could get some mates to write specs for non existent jobs and then write up about how fantastically well he did - which is why you should always check and go and see reference sites yourself.
But I think sites like these are a good idea and hopefully will make it hard for duff builders and tradesmen to continue in business.
Other similar sites are Problemsolved.co.uk, Mybuilder.com, Trustmark.org.uk and FindaBuilder.co.uk. Check them out and see how they work too.
For more on finding a good builder, read our article: Choosing Builders and Tradesmen

LANDLORDS INSURANCE / INSURANCE FOR LET PROPERTY
There seem to be ever more and better features under landlords insurance these days.
Many companies under their property letting insurance cover now include malicious damage by tenants as a standard feature, for example.
I’m also getting bomarded by landlords insurance companies wanting to advertise at our site – a sure sign that competition is really coming to town for insurance for let properties.
It is nearly always cheaper going to a broker than sticking with your mortgage lender for landlords insurance.
For more on getting cover for let property, read our article: Landlords Insurance.
Right now, we have a great arrangement with UKInsurance.net for landlords' insurance products covering such insurances as rent guarantee cover and property insurance.
Just click on Insurance for Let Property and don't forget to quote our reference code, LFOC to get the best rates from them.
ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON
I’m David Lawrenson of LettingFocus.com - the property letting experts. Read Property Articles.
I’m the author of “Successful Property Letting” which for the last 3 years has been the UK’s top selling property book - buy Property Investing Book.
The new edition is for accidental and experienced landlords and is fully up to date with all the recent changes to tenancy deposit schemes, HMOs, licensing and capital gains taxes.
I’m an expert property writer and property speaker - and I run the well known property letting blog that you are reading now.
I contribute to newspapers and a host of property websites, write a number of columns in the press and I provide general advice on property letting and consulting to anyone looking to buy property for themselves or to let out. I can help private individuals with any aspect of buying property or buy to let.
What’s unique about lettingfocus.com is that we offer independent unbiased property investment advice because unlike most people in the buy to let and property “advice” business we are not linked to a property company, developer, agent or bridging loan financier and do not receive commissions from these sources.
On the contrary, we are often asked to evaluate other property investments.
Find out about some great deals we have arranged at our Landlords Links page.
Copyright: David Lawrenson 2009. This blog is updated roughly once a week.
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