Healthy Investment Property Tips

Healthy Investment Property Tips

Planning for the future should always be an important consideration. It is always good to take stock of your property or property portfolio and plan ahead. We have compiled some tips to help.

1 – Reviewing Your Portfolio

If you invest in property, ideally they should perform as expected and bring in the required income. But are they up to date and conforming to the latest rules and regulations especially for tenant safety?

What condition is the property? No one wants to see their assets crumbling away and degrading. If you are worried about this we can survey the condition of your stock.

2 – Have a Property Survey Carried Out

We are an independent team of property surveyors based in Belfast and Coleraine. Our team cover the whole of Northern Ireland and can offer professional comprehensive surveys that will meet your needs.

Call Us on 07702 332 333 today!

3 – New Mortgage Deal

When was the last time you checked your mortgage rate? Covid-19 has reduced the number of mortgages available but there are still great deals to be had. Shop around and save some money on interest.

4 – Insurance, Insurance, Insurance

It goes without saying, insurance is a MUST. Insurance protects your property against damage from fire, flooding and other issues such as subsidence. Disasters such as these could wipe out your investment in the blink of an eye. It is best to shop around and compare cover that suits your needs and review this annually.

5 – What About Networking

Build up a network of reliable contacts. Electricians, plumbers, gas installers and financial contacts. These are the people who will help you respond and take care of any issues that arise.

6 – What About Security

If you have apartments or a complex within your property portfolio you might wish to install security. CCTV and fire alarm systems are all key to enabling you to keep an eye on your property and protect the residents.

We’re Here to Help

If your property is showing signs of damp, movement or any other concerning issue then we can conduct a thorough survey and provide you with a written report. Please feel free to contact us today and ask for Philip.

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