Advice For Landlords

Regardless of situation, everyone has the right to have a place to call home.

There can be a lot of scare-mongering going round relating to tenants that rely on the Governmental Benefit System to sustain a normal lifestyle, however that only relates to a small minority of claimants.

As a landlord, when you put a new tenant into the property you want them to return it in a fair condition. But how do you prove that the property was or wasn't returned in a fair condition? That is where an inventory report is INVALUABLE!

Tenants trying to find a property they can call home is a difficult feat at the best of times, if they've got a little furry friend in tow, that difficultly level becomes even harder.

Price your property well, advertise on a popular platform, and you can quickly become buried in a mountain of calls, messages, and applications of interest!

For years, tenants had been unfairly charged extortionate fees by landlords, and even by some estate agents. Hence the introduction of the Tenants Fee Act (2019), introduced on 1^st June 2019 for new tenancies, and then went on to cover all existing tenancies from 1^st June 2020. 

Referencing a potential tenant is an important process when considering who'll live in your valuable asset. It's the point of first impression that helps build the person's character, lifestyle, and overall perception both on paper and in your head. It helps build an idea of how they'd be to deal with in future, and how they would potentially look after the property.

Recent research has found approximately 10% of landlords will experience rent arrears when renting out their property. Is this a risk you have to take? What options are there to negate this potentially frustrating situation.