Last winter, with winds reaching upwards of 90 mph and hundreds of flood alerts, an increased number of properties (and their tenants) were at real risk from the elements.
This was reflected in the number of calls taken by Propertyserve's maintenance helpdesk, who between 1 December 2013 and 28 February 2014 received a whopping 21,753 calls - a 42 per cent increase on last year - all as a result of the weather.
Thank goodness we didn't have any really cold weather, the floods were enough to manage.
For those affected - whether businesses or householders - the flooding made a hefty dent in everyone's pockets. Accountancy firm, PwC, changed its forecast for the cost of December and January flooding to £630m, which included a £500m bill for the insurance industry.
The weather took its toll on property managers nationwide, who faced with overwhelming weather associated property damage, desperately tried to get hold of contractors and tenants in an effort to make safe their properties. In fact, for many of them it became mission critical and levels of panic set in.
This lack of planning would have meant risks being taken when it came to adhering to standard health and safety procedures. Due to the nature of the works, especially in emergency situations, it is often difficult for companies to ensure that all health and safety regulations and guidelines are followed, and it becomes even more difficult to control costs. Equally, a number of property managers would have resorted to using contractors not previously approved, because they had no choice.
So, if there is one thing that the erratic weather of the past few months (and years) should teach us, it is that we all need to plan, plan and plan again for any eventuality.
Risk must be assessed, handled, and avoided wherever possible, so make sure the following areas are covered:
Management of contractors is arguably the largest risk and the most difficult to control. This is due to the fact that even if all of the documents are collated and verified, contractors may work outside their insurance cover. An example of this would be a contractor accredited to landscaping, being asked to carry out fabric repair works while on site. This would not be picked up by the procurement team, but would signify a genuine risk to the client should the tradesman or member of the public suffer injury.
Protect your property - preparation tips for next winter
About the author
Chris MacDonald is managing director of Propertyserve UK
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