In this episode, Nick shares valuable insights on how to find a reliable electrical contractor for renovation projects, including full rewires and light refurbishments. He emphasises the importance of defining your project scope, prioritizing essential work, and seeking recommendations from trusted sources such as friends, family, and local property investors. Nick discusses the significance of obtaining multiple quotes, checking credentials, and ensuring that electricians are registered with government-approved schemes. He also highlights the need for good communication, problem-solving skills, and the importance of a detailed written contract.
Contact Aspect Electrical Services here: https://www.aspectelectricalservices.co.uk/
KEY TAKEAWAYS
Before seeking an electrical contractor, clearly outline the scope of your project, including essential and desirable work. Be open to advice from the electrician regarding necessary changes.
Look for recommendations from friends, family, local property investors, and letting agents. Experienced electricians familiar with renovation projects are preferable over those who only handle small jobs.
Ensure the electrician is registered with a government-approved scheme (e.g., NICEIC, NAPIT) and has the necessary qualifications, such as a City & Guilds Level 3 diploma and 18th edition wiring regulations. Verify that they have public liability insurance.
Always obtain multiple quotes to compare prices and services. Consider asking for different tiers of service (e.g., bronze, silver, gold) to understand the value of various options.
Assess the contractor's communication skills, reliability, and problem-solving abilities. Ensure they respond promptly and professionally to inquiries and can handle unexpected issues effectively.
BEST MOMENTS
"Before you even seek the contractor, create a clear plan of the electrical work you think is needed, remembering that the electrician might come and advise you differently."
"You want someone that does this regularly; it makes sense, doesn’t it really?"
"You need to check they’ve got public liability insurance; that’s really important if something goes wrong."
"If you have a rental property, you need a valid EICR. It has to be valid for you to be able to rent out that property."
"Quality sometimes costs you a little bit more, but it shouldn't cost you loads more."
The UK’s #1 Property Investing Event – MSOPI Training
https://bit.ly/3FqcL4l
The UK’s #1 Property Investing Event – MSOPI Training London
https://bit.ly/4isD2xs
HOST BIO
Nick is an award winning property investor, voted Fastest Newcomer 2022 by Premier Property, and is an accredited Retrofit EPC Assessor. He sources and renovates properties for himself as well as other investors. While doing this he has developed his own systems for efficient investment, such as developing his own methods to save time when viewing properties and estimating market values and potential returns, costing out renovations.
He spends three months of the year abroad and while there continues his business with use of modern technology and his proven systems.
Location freedom has always been his "Why" for being a Property Investment and has now reached his ideal of the colder months spent in Thailand and the rest of the time in the UK, all while continuing to run his business
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/