Are You Putting off Good Tenants with High Upfront Costs?

deterring tenants from applying to your property with high cost move in moneys

A great way to put tenants off your property is to demand a big lump-sum payment before they can move in. This lump-sum is usually the amalgamation of:

  • Holding deposit
  • Security deposit (six week’s rent)
  • First month’s rent upfront
  • Agency fees
  • Referencing, inventory, etc.

It isn’t uncommon for these fees to add up to well over £2,000 per tenant. Continue reading “Are You Putting off Good Tenants with High Upfront Costs?”

Right to Rent: Why You Should Check Before the Tenancy Agreement Is Signed

UK right to rent for tenants and landlords explained

Since February 2016, landlords have a new job.  As well as being a landlord, you are also an immigration officer for the government!

The Immigration Act 2014 imposes on all landlords in England (including lodger landlords) the obligation to find out whether the proposed occupants have a ‘right to rent’ property in the UK.

Continue reading “Right to Rent: Why You Should Check Before the Tenancy Agreement Is Signed”

How to Get More People to See Your Property Advert

How to advertise your rental property on the internet

In the UK, advertising your rental property online is now the normal way to find tenants. There’s a lot more to it, however, then sticking your property on Gumtree and then waiting for the phone to ring!

Here we use our experience as the UK’s largest letting agent to share our top tips on advertising your property online, helping you find great tenants faster and for less money! Continue reading “How to Get More People to See Your Property Advert”

Accepting DSS Tenants, Couples, Pets & Students

How to accept DSS,, families, students and tenants with pets, without increasing risk

Some landlords limit their tenant-pool by not advertising to certain groups. This is a leading reason why online property adverts sometimes fail to create enquiries and viewings. Put simply, the fewer people you advertise to, the fewer enquiries you will get.

Only around 20% of all households in England are private sector renters (although this is growing). That’s roughly 4.5m households. This means your market for tenants is not huge – especially outside of major cities.

Continue reading “Accepting DSS Tenants, Couples, Pets & Students”