X
X
Where did you hear about us?
The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

What to look for when choosing tenants

Demand for rented property has increased by 7% during Q3 2012 on the previous quarter indicating that it is very easy for landlords to pick and choose from potential tenants as demand is exceeding supply, according to BDRC Continental.

Mark Long, Director at BDRC Continental, said: "In todays market there is a lot of competition for rented property, yet despite that our research shows that landlords do go out of their way to keep their tenants happy by accommodating their requests where they can. Nowhere is this more obvious than with pets."

BRDC’s landlord panel have released some important factors that should be considered by landlords when deciding who to let out their properties to, these include:

Openness when answering questions
Smart appearance
Enthusiasm about the property
Proof of income
References from previous landlords
Employment history

The survey also included a variety of reasons landlords are put off potential tenants, including:

Having bad or no references (28%)
Low or irregular income - or none at all (24%)
A failed credit check (21%)

If you want to read more news subscribe

subscribe