Flats flooded twice in a week
20th February 2012
Life as a Landlord is hard enough at the best of times.
Lots of time and resources need to be devoted to securing property which is just right for your specific needs and then a fool-proof business plan needs to be drawn up to ensure that returns make the acquisition worthwhile.
Once people are living in a property it is vital to keep them happy, fixing any problems that occur as soon as they arise.
This is where comprehensive financial protection such as block of flats insurance really comes into its own.
A wide variety of incidents such as fire, accidents and subsidence are all covered by the scheme, meaning that cash will be available to a landlord straight away should they need to repair their property.
As rare as these incident are, they do happen and lightening can strike twice in the same place.
Last week, the Borehamwood Times reported that more than 15 tenants in the Hertfordshire town had to be evacuated for more than a week as not one, but two burst pipes caused widespread destruction.
Bernadette Lucas, a 32-year-old who had lived in the same ground-floor flat for eight years, told the publication that it was like "Niagara Falls".
She explained that the first flood had soaked everything in her home and she had needed to stay in a hotel for a week while the flat was cleaned.
But as she was thinking about moving back in, a second pipe burst and water once again rushed through her property.
She said: "It's all been really stressful and I just don't know where I'm going to be staying next week, because the flat isn't liveable and it won’t be for some time.”
A statement from the property owner said it was waiting for a report from its surveyor, who had inspected the flooded flats.
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