Try YourRepair Landlord Boiler Cover free for two months and worry about one less thing
Mark Mcauley of NRLA partner Your Repair explains how NRLA members can benefit from Your Repair's home emergency cover.
According to reporting from HMRC, the UK is currently home to 2.7 million landlords, but that could be about to change dramatically.
Research by Aldermore Bank revealed that 42% of the 500 landlords they surveyed were considering downsizing their portfolios or selling up entirely. With additional regulation, increasing interest rates and the cost of living crisis increasing the risk of tenant defaults, many landlords are becoming uneasy.
Another factor causing anxiety is adapting to the existing EPC regulation and becoming ready for any future changes.
According to the same Aldermore research, six out of 10 landlords feel an urgent need to address energy sustainability to meet the evolving criteria and better mitigate long-term energy costs.
Better building insulation, the installation of double glazing and boiler maintenance for optimum energy efficiency are new costs that have to be factored into balance sheets.
While the first two actions can have major cost implications the third doesn’t have to. While some form of boiler cover might be included in a landlord insurance policy, it likely won’t offer routine maintenance or prompt action in the event of a breakdown.
YourRepair Landlord Boiler Cover ensures that landlords benefit from essential annual gas safety checks, maintenance for optimal energy consumption and expert repairs in the event of a breakdown.
With YourRepair Landlord Boiler Cover, landlords have access to a nationwide team of skilled engineers who are equipped to handle and resolve almost all boiler-related issues. In the event the boiler is beyond economic repair, YourRepair can recommend a new energy-efficient model and install it quickly, securing the comfort and safety of your tenants.
With five different plans to choose from, landlords can select cover for just their gas boiler and controls or add central heating, home electrics, pest control and even more. With prices ranging from just £12 a month with variable call-out fees from £0, landlords can get a little peace of mind or a lot; it’s entirely up to them.
Exclusively for NRLA members, Your Repair is currently offering two months of free cover so landlords can experience the benefits and added peace of mind for themselves. To find out more and see which maintenance package best suits their needs, landlords can visit yourrepair.co.uk.
While the economic outlook for landlords may be challenging, heading off unforeseen and unwanted costs, while managing energy efficiency is a step in the right direction. Your Repair exists to help landlords protect their investments and enjoy the peace of mind that comes from knowing their boiler is covered by a trusted and reputable provider.