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"How to choose the right tenant"
Picking the right tenants can seem like a straightforward process, but getting it wrong can be very costly. From what questions to ask on the phone to what to look out for during the viewing, this guide will make sure you make the right choice.
- What questions to ask tenants over the phone before viewings.
- What tenants will ask when you're showing them around your property.
- How to arrange viewings.
- Choosing which tenants are right for your property.
NEWS FROM UPAD
If there is a single event that vexes landlords most it’s when a property is deliberately or carelessly damaged by tenants during a tenancy. This ranges from broken furniture to cracked windows both of which a post-tenancy inventory inspection will flag up and the relevant deduction will be made from the deposit. But there are a host of other types of damage that are in a much greyer area.... - MORE
The three approved deposit protection schemes are well established but most landlords don’t want to go through the pain of arbitration if damage to a property is contested after a tenancy ends. So how to best win arguments about this before the legal paperwork starts flying? The functionality argument They say: Tenants may argue that a damaged kitchen top, for example, still... - MORE
- What is a Premium Listing on RightMove? Rightmove Premium Listings mean that a property is highlighted to feature more prominently to attract interest. In practice this means when a tenant sees their search results the premium listing will be highlighted with a red rosette and a different coloured background. Most importantly, 3 photos of the property are visible rather than the usual... - MORE
The Government’s ‘Help to Buy Scheme', which brought forward plans to add to purchaser’s deposits from January 2014 to October 2013, was met with much interest. Eager first-time buyers, who felt that they might be able to get on the housing ladder, were quick to enquire. You can find out if you are eligible for Help to Buy here. One major mortgage lender reported that, since the... - MORE
With the rental market’s recent acceleration showing no signs of letting up and the slew of new landlords still on the rise, owning an HMO has never seemed more attractive. As properties that cater for a higher number of tenants, landlords of HMO’s – a ‘House in Multiple Occupation’ – tend to see far higher profit margins than other types of residential lettings. But while the... - MORE
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