The Hidden Cost of a Cheap Contractor
- Posted by Luscombe & Co in blog, Tips & Advice
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When something needs repairing at a rental property, it’s understandable that landlords want to keep costs under control. After all, every expense impacts the return on investment.
However, one of the most expensive mistakes a landlord can make is choosing a contractor solely because they submitted the cheapest quote.
At first glance, saving £100 or £200 on a repair may seem like a sensible financial decision. In reality, the cheapest option can often lead to repeat visits, frustrated contract holders, additional damage and ultimately a much larger bill.
The Repair That Ends Up Being Done Twice
Most landlords have experienced it at some point.
A leak is patched, only to reappear a few weeks later. A faulty fitting is replaced, but the underlying issue remains unresolved. A cosmetic repair hides a problem rather than fixing it.
What initially looked like a saving soon becomes two call-out charges, two sets of materials and twice the disruption.
The original “cheap” repair can quickly become the most expensive option.
The Impact on Contract Holders
Whilst landlords understandably focus on repair costs, contract holders tend to focus on something else entirely: confidence.
When maintenance issues keep recurring, it creates the impression that the property is not being properly looked after.
Even relatively minor issues can become a source of frustration if they require multiple visits to resolve. Over time, this can affect satisfaction, renewal decisions and the overall relationship between landlord and contract holder.
Most residents understand that problems occur. What they value is seeing those problems resolved properly the first time.
Small Problems Can Become Bigger Ones
Property maintenance is often a case of “a stitch in time saves nine.”
A small roof issue left unresolved can develop into water ingress. A leaking pipe can damage flooring, decoration and neighbouring properties. A faulty extractor fan can contribute to condensation and mould.
The difference between a quality repair and a temporary fix can sometimes be measured in thousands of pounds.
Why Experience Matters
A good contractor does more than carry out the work requested.
Experienced tradespeople often identify underlying causes, spot developing issues and recommend preventative action before a problem escalates.
They understand rental properties, appreciate the importance of communication and know how to minimise disruption to residents.
That expertise has value.
Looking Beyond the Quote
When comparing contractors, landlords should consider more than just price.
Questions worth asking include:
- Are they properly insured?
- Do they provide guarantees?
- Do they have experience with rental properties?
- Can they provide references?
- Do they have a track record of completing jobs correctly the first time?
A slightly higher quote from a reliable contractor can often represent far better value than the lowest price available.
The Value of Trusted Contractors
At Luscombe & Co, we work with a network of trusted local contractors who have proven themselves over many years.
We know they will attend when required, communicate effectively and, most importantly, carry out work to a professional standard.
Whilst no repair can ever be guaranteed to be problem-free, choosing quality workmanship significantly reduces the risk of repeat issues, unhappy contract holders and unnecessary costs.
Property investment is a long-term venture. The decisions that save the most money are not always the ones with the lowest upfront cost.
When it comes to maintenance, quality workmanship, reliability and experience often provide far better value than the cheapest quote on the table.
Sometimes, spending a little more today can save a great deal tomorrow.