The rental market has been consistently busy over the last few months. As properties for sale move, the rental market gains a wider range of tenants. Whilst this allows landlords to find the right tenant for their property, it does mean that tenants must move fast and show themselves off as being a good tenant.
More and more regulations for landlords are becoming legal requirements meaning tenants are potentially being protected more than a homeowner.
Landlords now have a number of certificates and reports to provide a tenant when they start a tenancy. Whilst this can be annoying for landlords we believe it can actually benefit them by ensuring the property is as safe as required while a tenancy is in place.
If a tenant feels safe and secure they tend to keep a longer tenancy, providing a regular income for the landlord each month. Tenants must remember rental properties may cost more than an average mortgage but a rental payment covers the maintenance, upkeep, safety and security of the property compared to a mortgage, which is purely for a property.
Applying for a tenancy is also now more detailed than ever before but helps provide a landlord with reassurance. This is to benefit both landlord and tenant. If we feel the tenant cannot afford a property on the information provided, we can avoid the stress of late or unpaid rent by stopping a tenancy from starting. A few extra checks can massively benefit in the long run.
We always encourage landlords to make improvements where necessary to ensure a good relationship is kept between the tenant and landlord but at the same time keep both landlord and tenant informed of their position in a tenancy.
Armitstead Barnett has a very detailed application process to ensure we are providing the best service possible. A good tenant is extremely important to a landlord so we have a simple approach by asking ourselves “would I like this tenant to live in my house?” We do not work on a first come first served basis, we work to make sure we can find a tenant suitable to the individual property.
If you are looking for a rental property or have a property that you are considering renting out, contact our Rentals Co-ordinator Leeann Stott on 01995 603 180 firstname.lastname@example.org