9:46 AM, 24th August 2015, About 6 years ago 8
Just has a thought about the removal of the 10% Wear & Tear allowance as of 2016. Up to now we have just got the best deal going, but I have come across a strategy that may well alleviate at least some of this.
We did take the decision to only let unfurnished from then on, but include fridge, washer etc, but my thoughts are that as the insurance premium is fully deductible, now and after the changes, why not tag on breakdown cover which will be included in the premium so deductible, and if there is a problem this will cover it so avoiding a separate bill to be claimed.
Let tenants put their own furniture and beds in, the washer and fridge rarely go wrong, and if it does just put a new one in and claim it with receipt.
What are others thinking of doing to alleviate this problem?
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