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Finding and keeping a quality tenant for your rental property is a major factor in the successful operation of your property. If you have a courteous tenant, who pays their rent on time and cares for your rental property, you will find your role as a landlord easier.
At Thomas Morris, we care about the Biggleswade housing market, and we know there are many things which shape the market. It is also fair to say the property and rental market are linked, with changes in one market impacting the other.
It is vital landlords are aware of the challenges tenants face, and if possible, landlords should take steps to alleviate some of the issues and concerns tenants face.
Something which landlords need to consider is how long tenants remain in a rental property for. If you are fortunate, you can find a good tenant who is happy to settle down, and this often makes life easier for landlords and tenants.
Thomas Morris offers virtual property tours which include 3D floorplans. Our tours make virtual viewings an easy, convenient and safe way to view a property for homebuyers, sellers, tenants and landlords.
In a new study carried out by an online claims management company, Veriwise, 30% of the most serious tenant complaints relate to the misuse of a deposit.
Given the changes and volatility we have all experienced in recent years, there is a lot to be said for a level of consistency. This is particularly true when it comes to the property and rental market.
There have been many fluctuations in the property and rental market in recent years, with good reason, but for now, there is an increase in demand for rental property.
While no landlord should settle for the average rental fee, when you are setting benchmarks that move your business forward, these figures are important.