For landlords in the South West, buying a new build property is an attractive investment.
They offer high energy efficiency, appeal to modern tenants, and usually come with a 10-year warranty. However, many landlords make the mistake of assuming “new” means “perfect.”
Protecting Your Yield
Every day a property sits empty while waiting for repairs is a day of lost rental income.
A professional snagging survey ensures that defects are identified and fixed before your tenants move in. If a tenant discovers a leak or a heating failure a month into their lease, it results in emergency repair costs and a frustrated tenant.
Landlord Compliance and Safety
As a landlord, you have strict legal responsibilities. A snagging survey isn’t just about aesthetics; it’s about safety. We check:
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Fire Safety: Ensuring fire doors close correctly and smoke alarms are functional.
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Electrical Safety: Looking for visible faults in sockets and consumer units.
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Glazing: Ensuring safety glass is installed where required by building regulations.
The “End of Tenancy” Connection
Starting with a perfect property makes it much easier to manage the end-of-tenancy process. If you have a professional report proving the condition of the home at the start, you are in a much stronger position regarding deposit disputes and wear-and-tear claims.
Professional snagging is a tax-deductible business expense that protects your investment. Don’t let a developer’s oversight impact your ROI. Get a quote and book your snagging survey today.