The owner of property in the UK. Guide to the landlord

What should be the lessee in the opinion of the owner? Perhaps every property owner dreams about the tenant who never complains and asks for nothing, he cares for the estate in which he lives, gets along with neighbors and regularly pays the rent within the deadlines. Unfortunately, in reality, rarely lucky enough to meet a perfect tenant.

Therefore, we offer you a quick guide how to increase your chances of finding a decent tenant.

First. Do your own research of the rental market in the area where you intend to rent property to rent – let’s see what and at what price offered by other property owners. Please note, the condition of wear of the property, which is offered in your area. The condition your property must be no worse than if you intend to charge a rental fee the same order.

Next, you need to decide whether you’re going to do the renting yourself or contact the property the rental agents.

The use of the rental agents.

If you are very busy and do not want to deal with finding suitable tenants, the rental Agency may be the remedy for you.

In the rental agents will photograph your property and will advertise it on the Internet, on their own website and on major real estate sites such as Zoopla and Rightmove.

· Agents can organise viewings and meet potential tenants for your property, show them the property itself and the area around.

· Agents can also act as intermediaries in the negotiations, discussing the agreement on the cost of rent and the lease term.

· Good rental agent will tell you that, for example, he does not consider the potential tenant appropriate, but the majority of agents are focused on getting their Commission, so it would be wise if you meet your prospective tenants before you sign the contract.

Looking for tenants themselves.

If you don’t want to pay Commission to agents, you can find tenants yourself.

There are many online resources where you can post your ad about real estate rent. For this, you will need to provide information about the object and quality photos. You can use the services of the Internet agent. Some online agencies include in their list of services even a credit check of the tenant and signing of the rental agreement.

Despite the fact that quite a large number of tenants looking for properties via the Internet, you need to place ads in local Newspapers and on Bulletin boards in local stores. You can ask friends and acquaintances if they know of someone looking for a place to place an ad in a social network.

When it comes to future viewings of the property, many potential tenants try to do this in the period beyond the working day. Depends on you how much you will be able to be flexible when discussing the time of viewing.

While watching you should be prepared for questions that may ask a potential tenant. In your best interest to know everything about your property – starting from who the neighbors are and what days garbage day, ending where there is tax office and where the nearest shop, school, bus stop. You have to understand that not only do you choose the tenants, but they choose their best shelter and you have to convince them that you – the best that they can come.

Ask the right questions.

Find out the key details of your potential tenants, such as: name, age, employment status and position. Take the time to talk with people applying for your property. Of course, it’s hard to tell immediately, whether the tenant is reliable, but try to listen to your instincts. For each potential tenant is advised to check his credit rating, speak to one of the previous landlords and employer. These simple steps can give you an idea of what the solvency of your future tenant and whether it is time to pay the rent.

Do not rush!!!

Despite the fact that in the period of downtime your property you have a loss, do not rush with the choice, because if you fail to choose a tenant, it can be even more expensive: you may encounter those who do not pay rent and does not relieve the premises.

Take the time to check everything there and you will be able to find a tenant, which you only dreamed of!!!

® Alice Morgan 14.08.2013 G.