New client with one let property. Unfurnished. First letting. I wasn't around on purchase.
Property was purchased in a reasonable state, requiring very little repair work pre-letting. Except for two items......
£638 paid to move the electricity meter from kitchen cupboard to outside locker. The only reason was to facilitate meter readings without banging head on work surface.
£1995 paid for new fencing in back garden. Old fencing was broken in part and could have been repaired like for like, but this is a complete re-fencing all round the garden and of a totally different type from the old.
Client would love to hear these are repairs, and so would I- but I fear the meter is for convenience and negates repair. Also as the new fencing is vastly different from the old, again I fear "improvement" and therefore capital applies to both items?
Any comments greatly appreciated.
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50/50
You can justify the meter movement on Health & Safety grounds. (or Security)
If you're letting to a family, the same could apply to the fencing. If the old style of fence was unsuitable for containing small children/pets or animals, an upgrade could be justified.
Thanks for update
Thanks WallyGandy for info. That's why I like this forum always learning something new.
My initial reaction is that the re-siting of the meter is revenue, but capital for the fence if a significant improvement. How much "extra" for the improvement?