The Benefits of Mid-Term Inspections

For landlords, property inspections are an essential part of their business. But, they often shy away from mid-term inspections, believing that the costs and time involved outweigh the benefits. But, legally speaking, under the Homes Act of 2018, landlords are obligated to ensure that the property condition remains safe and habitable for tenants during their tenure.

However, tenants also must inform landlords of issues. It can be more convenient for this burden of care to fall on the tenant to avoid unnecessary inspections, which cost time and money if there is nothing to report on.

Though it’s advisable to do an inspection every 3-6 months, and most landlords perform this - there is a distinct cluster of private property owners who fall short of this mark. Government analysis has found that just 30% of landlords demonstrated good practices regarding renting compliance.

And while good legal compliance is undoubtedly an important reason to do a regular inspection, it’s not the only one.

Here, we will discuss some of the other benefits of mid-term inspections.

Top Benefits of Mid-Term Inspections

A mid-term inspection is an excellent way for landlords to ensure that their property is up to standard. It is a chance for them to see if any issues need to be fixed. It also allows them to improve their property before renting it out. This is great for increasing the desirability of your property. It’s likely as students return to HMOs, they’ll be a spike in interest in these types of properties. So, it is also a great way to show the property to future tenants.

Another benefit is that it allows you to update the property before the next quarter. Mainly, you want to consider the home's energy efficiency, as this is a crucial concern for many renters. Other renter issues include housing quality and fire risk - both of which mid-term inspections can be instrumental toward early detection and resolution.

Conducting Mid-Term Inspections

A mid-term inspection may be daunting, but it can be good. There are paid and free mid-term inspection tools that make the task more manageable.

These tools can help you to identify potential problems that may be developing in the property. This can save lots of money in the long run. In addition, you can get a good idea of what you must do to prepare for the final check-out and help identify any problems missed during the first inspection.

Dan, 13 January 2023

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