What makes the perfect tenant?
Having a positive relationship with your tenant is important when renting out a property. But what are the best qualities to look for when choosing a tenant?
Ideally, your tenant should respond quickly to calls or messages, as this makes it easier to get any problems resolved, however, it's not always the case and that's where relying on a letting agent can be beneficial.
Your investment is your financial security. So, having a tenant that is respectful of your property is essential.
Rent should be paid on time every month. Whilst sometimes defaults can’t be avoided, a good tenant should pay in full whenever the rent is due.
If there comes a point when your tenants can’t pay, they should keep communication with you so it can be resolved.
Four tips for vetting your tenants:
- Choose a tenant with good credit – ensure your tenant is financially responsible by getting a credit check. If your tenant is responsible when paying bills, chances are they will pay their rent on time.
As well as offering fully-managed services, we can help you locate the best tenants that meet your requirements as a landlord.
- Get a tenant reference – a reference check gives you a good idea of whether an applicant will be a suitable tenant.
This will provide key information on a renter's employment history and ability to pay rent, as well as any previous dealings with landlords.
- Meet potential tenants – it’s important you have a good relationship with your tenants so meeting them is essential. Furthermore, it’s a great opportunity to ask any important questions face-to-face.
- Listen to your letting agent – your agent will only find you suitable applicants for your property. They will also be able to provide you with advice on choosing a tenant based on their experience working in your local area in the past.
Take a look at our property management services or contact us today for more information.