What are you still paying for that you no longer use?
Improve the performance of the property you own.
Best for: Owners who haven't audited their statements in over a year
Alarm monitoring, insurance riders, or service subscriptions tied to a property sometimes outlive their usefulness, continuing to bill long after the original reason for them has gone.
Why this matters
These are small individually, but they compound quietly over a long hold period, and nobody proactively reviews them because no single one is large enough to notice on its own.
What to check
- Alarm or security monitoring still active but not actually used or needed
- Old insurance riders or add-ons carried over from a previous tenant or ownership arrangement
- Any recurring service charges (pest control contracts, garden maintenance) still running by default rather than by current need
Who can help
Property manager
An itemised list of every recurring charge billing against the property.
Insurance broker
Any riders or add-ons still on the policy.
Service providers
Whether each recurring service is still genuinely needed.
TAKE ACTION · CHECKLIST
View checklist
Request the full list and check each charge still earns its place.
USE AI TO HELP
Use AI to hunt through your statements for costs that no longer earn their place.
Best prompt for this issue
Review the recurring property costs I list and identify anything that looks redundant, duplicated, oversized or no longer used. For each item, tell me what to check before cancelling and what questions to ask my property manager or provider.
Quick modes
WHAT TO PROVIDE
- 12 months of property manager statements
- bank statements for property-related direct debits
- list of services you think are active
ASK AI TO GIVE YOU
- a short summary of the situation
- the main issue
- missing information
- risks to investigate
- questions to ask
- the next three actions
Privacy: do not paste passwords, tax file numbers, bank account details or other sensitive personal information into an AI tool. If a document contains personal details it doesn't need, redact them before uploading.
What happens next
Cancel or adjust anything that's no longer serving a purpose. Individually small, collectively this can add up to a meaningful annual saving.
Important considerations
- This is general information, not personal financial or legal advice. Confirm specifics with your own adviser before acting.
THE HOLD QUESTION
Is everything currently billing this property still earning its place?
NOT SURE WHAT TO ASK AI?
Ask a Better Property Question
Most people don't need more AI — they need to ask AI better questions. Type your question (or skip it) and copy a prompt that makes any AI tool ask you the right things first.
I am trying to understand this property issue. Before answering, identify any important information that is missing. Ask me only the questions that materially affect the answer. Once I respond, explain the issue in plain English, separate facts from assumptions, identify the main risks and give me the next three actions. Flag anything that should be confirmed with a qualified professional.
Privacy: do not paste passwords, tax file numbers, bank account details or other sensitive personal information into an AI tool. If a document contains personal details it doesn't need, redact them before uploading. This is a way to prepare — not financial, tax or legal advice.
Not sure what else to review?
Run the Annual HOLD CheckRelated HOLD Tips
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