It's no secret that letting agents go to great lengths to check out the background of tenants before they rent a property to them. After all, it's only fair that property professionals and landlords know that the people staying in the property are respectful, honest and able to pay the rent.
But how many tenants actually do the reverse and check out the credentials and reliability of their landlord? The figure is shockingly low, with a meagre 8% of London renters actually bothering to check out the background of potential landlords.
Here at London Residential we only work with trusted and loyal landlords who provide fantastic accommodation in fair circumstances. We do know, however, that not every landlord is as scrupulous and those not renting through a professional letting agent like us are the most vulnerable.
If Mayor Sadiq Khan fulfils his election promise, a new property task force at City Hall will be naming and shaming bad landlords with a published register that tenants will freely be able to check. There's also building sentiment for London-wide landlord licensing schemes. In the meantime, tenants are advised to rent property through reputable agents who specialise in lettings and have a respected industry history.
The vast majority of people who rent a home in London don’t bother to check the landlord’s credentials leaving them open to dodgy landlords, new research suggests.