Simply Business homepage
  • Business insurance

    • Business Insurance FAQs

    Business insurance covers

  • Support
  • Claims
  • Sign In
Call Us0333 0146 683
Our opening hours
Knowledge Centre

Protect your property by planning for these maintenance costs

1-minute read

Mollie Millman

1 June 2021

Share on FacebookShare on TwitterShare on LinkedIn

A maintenance schedule can help landlords budget for any expenses and protect their property investment.

This means planning what money needs to be used from the rental income to keep your buy-to-let maintained, and setting that aside in advance to cover ongoing costs.

Create a financial schedule for your buy-to-let

A property is an investment, so you’ll want to protect it. And keeping your buy-to-let properly maintained makes sure it's safe, while attracting good tenants.

There are several pieces of maintenance that need to be done as a matter of legislation.

This includes a boiler service, checking for Legionella bacteria in water systems, and electrical safety tests.

A boiler check needs to be carried out annually and will cost around £75 a year depending on the services available in the local area. The less well-known Legionella risk assessment can cost around £95.

When it comes to electrical safety, you’ll need to test your property every five years. The cost varies depending on the size of your property and how many appliances you have.

If your property is managed by a letting agent, they may be able to arrange these safety checks for you as part of the managing contract.

Updating and maintaining fixtures and fittings

You should update fittings such as fans in the bathroom and fix leaking taps. This may involve hiring a plumber or electrician, which is a cost that landlords are likely to be liable for.

Consumable items such as light bulbs tend to be a tenant's responsibility, while fixtures tend to be down to landlords – but always check the exact wording of the tenancy agreement.

Fire alarms need to be checked annually and there are strict rules about where they need to be placed – such as one on each floor – or a landlord can face a fine. This article explains more about smoke alarm requirements.

Interior decoration

Replacing carpets can be a big expenditure, but these tend to be replaced between tenancies to minimise any disruption. New carpets can be maintained with professional cleaning.

Waiting for a tenancy handover also tends to be an ideal time to carry out a full redecoration of your property. Along with replacing carpets, this can be a much larger expense that can run into thousands of pounds depending on the size of a property.

Unless you have plastic windows, it’s worth considering – and planning for – how often wooden windows will need to be painted.

Outside grounds maintenance

It’s important that you don't neglect the outside area, as there’s maintenance to consider there too – for example, replacing old fences or looking after the lawn.

By being aware of these ongoing maintenance costs, and when they’re required, you’ll be able to plan your finances and protect your property investment.

Do you have a maintenance schedule for your property? Let us know in the comments below.

Get set with tailored landlord cover

Over 200,000 UK landlord policies, a 9/10 customer rating and claims handled by an award-winning team. Looking to switch or start a new policy? Run a quick landlord insurance quote today.

Start your quote

We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Read our full disclaimer

Find this article useful? Spread the word.

Share on Facebook
Share on Twitter
Share on LinkedIn

Keep up to date with Simply Business. Subscribe to our monthly newsletter and follow us on social media.

Subscribe to our newsletter


Popular articlesBusiness resources from FarillioGeneral businessGuestInsuranceLandlordLandlord resources from FarillioLegal and financeMarketingNewsOpinionProperty maintenanceTradesmanCovid-19 business support hub


Public liability insuranceBusiness insuranceProfessional indemnity insuranceEmployers liability insuranceLandlord insuranceTradesman insuranceCharity insuranceRestaurant insuranceCommercial van insuranceInsurers


About usOur teamAwardsPress releasesPartners & affiliatesOur charitable workModern Slavery ActSocial mediaSite map

Customer support

Contact & supportPolicy renewalMake a claimProof of policyComplaintsAccessibility


6th Floor99 Gresham StreetLondonEC2V 7NG

Sol House29 St Katherine's StreetNorthamptonNN1 2QZ


Careers at Simply BusinessTech careersCurrent opportunities


BenefitsRefer a friendFinance


Terms & conditionsPrivacy policyCookie policyVuln Disclosure policy


Knowledge centreOpinionsMicrosites

© Copyright 2022 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.