It is vital that buildings insurance is taken out or continued by the
landlord and contents insurance if applicable. Many insurance companies
may restrict the cover on the contents when the property is to be let.
Covehome Property Management have made arrangements with a major insurance
company which ensures that the contents are covered whilst the property
is tenanted, or indeed when vacant between lets. In most cases we are
able to give immediate cover upon receipt of a satisfactory proposal
form and payment of the premium. In the event of a claim arising during
the period of management Covehome will handle the claim.
It is vital that clear instructions are given where burglar alarms are
installed. A 24 hour maintenance contract for the system should be arranged
with a reputable company who should be informed of the key holders of
the property.
Protection Scheme Covehome Property Management is able to offer Legal
Protection for landlords. This is a unique plan offering financial security
and peace of mind to landlords who have their properties looked after
by us. This policy covers the cost of legal expenses should it be necessary
(in very serious circumstances) to issue proceedings against a tenant
who fails to observe the terms and conditions of the tenancy agreement
and there is also a facility for a warranty against loss of rent should
a tenant fail to meet his obligation or vacate the property before the
end of the tenancy term. If you would like more information regarding
this please ask.
As an extension of our property management service Covehome Property
Management offer a caretaking service for properties either awaiting
to be tenanted, between tenancies, or pending the landlords return after
a tenancy has expired. Our caretaking service provides for a weekly
visit to the property to inspect the exterior and interior against such
problems as burglars, storm damage or burst pipes, clearing free newspapers
etc. Many insurance companies insist that vacant property is inspected
on a regular basis. – Please check your policy
Covehome Property Management, under the regulations of the Association
of Residential Letting Agents, keep all landlord and tenant monies in
a separate client account. These monies are fidelity bonded by ARLA
– a very important feature when you are entrusting your money to
others.
We will always contact you before any major (over £100) repairs
or maintenance is carried out. Covehome’s property maintenance
division will look after all general maintenance of your property, and
where necessary, arrange specialist care or repair. If you have equipment
or work under guarantee please advise us of the details.
In an emergency, Covehome Property Management will take appropriate
action and advise you as soon as possible.
