Well, from experience, there’s a lot that can happen on the run up to and over Christmas with rental properties. Where shall I start? I had a tenant call on 20th December one year to say the oven had stopped working and they had 6 people coming for Christmas dinner. Cue me pressing the Curry’s speed dial button on my phone and paying an extra £50 for delivery on Christmas eve. Ouch!
As with any time of year, with any property or tenant, things can be unpredictable. What is important is that we are prepared for it (or as prepared as we can be). Pick up the phone, have a chat with your plumber / electrician / maintenance person to make sure they’re going to be around over the festive holidays and ask if you can call on them if you need to. Find out what the additional call out fees are on a bank holiday just to make sure you’re informed.
Also, give your tenant a call and make sure there’s no maintenance issues that they’re aware of. Better still, go and do an inspection to see for yourself. This will enable you to be in control of any issue and nip it in the bud before that small problem becomes a big problem over Christmas.
If you’re with an Agent, give them a call or email and check in with them before they break up for the Holidays.
If you’re not with an Agent but would like to be, then give us a call! We’re always free to chat & offer investment and property management advice.