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Property Development To Legionella Testing!

A Double-Whammy of Q&A’s, Just in Time for the Weekend!

I trust you are enjoying this series of vlog posts and are gaining some insightful information and useful tips on how to grow and work with your property portfolio.  Today, I answer 2 very good questions.  I decided to film them separately so that you could ‘dip into’ whichever one is most relevant/important to you right now…

Funding Development Projects

My first question was from John, who wanted to know about different ways to fund a property development project.  This applies if you are looking to ramp up your property endeavours and branch into the world of land/commercial/residential developments.  Click on the video below to find out more…

Landlord Legionella Testing

My second question was from Anita, who was curious to know more about the impact of Legionella Testing in Wales and the rest of the UK.  You will find a comprehensive and informative answer just below…

I hope you gleaned something from here which you didn’t already know.  In case you have any further questions or comments to make, feel free pop them in the box below.  I look forward to hearing from you. 🙂

Have a great weekend!

Hazel

6 thoughts on “Property Development To Legionella Testing!”

  1. whyproperty says:

    Hi Ian – many thanks for your contribution. It’s great to have an opinion from a fellow landlord as well as professional agent. 🙂 I totally understand your perspective and feel that people have been left a little ‘in the dark’ as to exactly the right way to go about this! In essence, it really is a matter of doing what sits right for you and making sure that you are protecting your tenants and your own business interests as best you can. Whilst I believe that it is highly unlikely for landlords to be ‘policed’ in this matter, unfortunately, these laws generally only come to light in the public domain when ‘something goes wrong’ and in the meantime most are unaware that they must even take account of them. Only landlords who are willing to keep ‘on top of the game’ will know that this type of duty of care is expected.

    £66 is a very reasonable charge for covering this type of assessment in my experience (we have been charged similar, but know there are people being charged much higher amounts), and asking for a ‘landlord waiver’ is also a good idea. May I ask whether many of the assessments which are carried out come back with extra work which needs to be carried out as a result? Would be good to know from an agent perspective so that fewer people are scared by potential extra costs…thanks!

  2. whyproperty says:

    Hi Suresh – many thanks! I will send this over to you by email… Thanks for your suggestion. To be honest, I am a little wary of setting up that type of platform, as there are inherent risks when undertaking a project on a JV basis, not to mention the ‘right way’ of going about it (as per Article 13/3 of the FCA regulation which came out on 1st Jan 2014). I prefer to keep things ‘educational’ here at WPW; there are plenty of forums and networking meetings where people can meet up face-to-face, get to know each other and potentially do business together. Hope you can understand this point of view. All the best!

  3. whyproperty says:

    Hi Donna – good question, I have heard that an assessment should be undertaken every couple of years or whenever the ‘risk’ changes. Perhaps works to the heating/plumbing system such as boiler repairs, removal/addition of water tanks, pipework, etc. I’m sure there is more info to be found on the subject, but hope this helps in the meantime. 🙂

  4. This is interesting. As an agent and a private landlord. I had a look at doing certificates myself, but i wasn’t confident in the law that if anything occurred that i would have done enough to prevent legionella risks. So i encourage my landlords to have a Legionella Risk Assessment undertaken by my plumber/gas engineer who is qualified to undertake these assessments. I do charge for this process, but only £66 including VAT which i think is very reasonable. I have had these same certificates done in all my own properties that i let out as well. I’d rather be safe than sorry. I also ask landlords who are not keen to pay anything to sign a waiver that effectively states that i have informed them they have a duty of care to their tenant and should ensure the safety of their tenants from Legionella Risk assessment. I own a franchise and our head office state this is best practice. Of course my landlords are not obligated to use our service either and are free to use whoever they want to.

  5. Suresh Parikh says:

    Dear Hazel
    You are doing a great job – keep it up!
    May I have the contact details of your commercial broker, please?
    It may be an idea to set up some kind of community whereby joint projects can be undertaken.
    For example, your “John” had only 20%. There may be other investors who can put in funds to make his project viable.
    They may also have “knowledge” – such as legal or accountancy.

    Kind regards

  6. Donna Mackenzie says:

    Hi Hazel,
    On the legionella risk assessment you have not covered how often this has to be carried out as there is a bit of a grey area regarding this?

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