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Keeping Your Tenants Happy

Article Posted - 28th February 2019

 

Developing a good relationship with tenants can only be beneficial for landlords. Getting on well with your renters can lead to higher occupancy rates, receiving rent on time, and the likelihood that your tenants will keep the property in good condition.  

Online letting agent and NLA Recognised Supplier Upad conducted a survey of experienced landlords who vetted prospective tenants themselves. 12 per cent of the participants regretted not taking the time to evaluate tenants face-to-face. Meeting tenants personally can establish a good relationship from the off and can give you a better understanding of their character. 

So how can you get the best return on your investment? 

Top tips on keeping your tenant happy 

1. Give clarity on all points of the tenancy

2. Make your rental feel homely

3. Provide clear communication  

4. Consider the use of gifts 

5. Consider a renewal incentive 

6. Consider offering a longer tenancy if you find the right tenants 

7. Make sure you and your tenant are covered! 

Ultimately, clear communication, honesty, and clarity should warrant a good landlord tenant relationship. Whether you have a single property or a large landlord portfolio, keeping your tenants happy is the key to a trouble-free tenancy for both landlord and tenant. 

 

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