Finding the right tenant can cause anxieties for landlords, especially if they set about selecting a person all by themselves.
This article by crime writer Dreda Say Mitchell explores just some of the issues faced by those deciding to rent out a room or even a whole property. After all, landlords are not only trusting a tenant to pay their rent on time every month, they are also trusting them to be custodians of a property - hoping they'll take the TLC and not the trashing approach.
As the demand for rental property increases and our population swells, it's never been more important to match a property with the best tenants. This is where a professional letting agent is worth their weight in gold.
Landlords should see an agent as their first line of defence when it comes to finding a reliable tenant. The referencing process conducted by a letting agent, such as London Residential, is ultimately more thorough than the checks a landlord would carry out under their own initiative.
As well as following up with past landlords and employers, making Right to Rent checks and researching a tenant's financial track record, letting agents have the experience and professional intuition to judge characters and identify the tenants that may cause trouble.
Letting agents and property managers are also on hand to support landlords who do run into trouble with tenants, giving them legal and industry-specific advice as part of their service.
Letting out a property you own can be a rewarding experience but for the ultimate peace-of-mind, seek the support and specialist services of your local letting agent.
I’m still in two minds about a new career as a landlady. I’m aware that you’re allowed to specify “non-smoker preferred” in ads for rooms. But are you also allowed to insist that prospective tenants must undergo a full-body search for guns, drugs and anything that might be used to dismember a corpse? You know, just to be on the safe side.