The start of a tenancy is the vital because this will be the foundation of a new chapter in your tenants life as they are deciding where they will call home for the next few months or years.
For anyone moving home; this can be a pretty exciting and mildly stressful at the same time. To help you get your tenants settled in to there new home, offer clear direction right from the start. Set your expectations and explain to the tenants their rights and obligations as well as your own rights and obligations as the landlord.
All landlords want a “long term tenant”; where there are no or very limited issues/ challenges to allow a smooth property journey. You can only truly call a property an asset if it can essentially manage itself. The BEST way to do this is to control the asset as best you can by monitoring and guiding the occupiers of your property.
Make sure you give your tenant a TENANT HANDBOOK. A handbook can detail some of the most common questions and answers to any potential questions your tenant may have or how to resolve any potential issues which may occur.
A tenant handbook will provide your tenant with all of the information that they will need to be able to enjoy living in your property and makes sure that it is handed back in the original or more improved condition.
Why do you need to have a TENANT HANDBOOK? Do you or your tenants know the answers to these questions if asked?
- What do your tenants do if they lock themselves out-who is responsible for the cost?
- Can your tenants have an 8 foot trampoline in your back garden?
- Can your tenants repair vehicles outside of your property?
- Can your tenants have a caravan on the drive?
- How do your tenants find out who supplies the gas and electricity?
- What improvements can your tenants make to your property?
- Are your tenants responsible for damage caused by condensation issues if it is not reported?
- How many pets can your tenants have at your property?
- Can your tenants rent to buy your property?
- How do your tenants avoid burst pipes in a cold freeze?
- How do you keep your home free from damp, condensation and mould?
- Who should your tenants call if they need to report any complaints or disturbances near the property?
- Does your tenant know where their deposit is held?
- What do you do if you or your tenant goes on holiday and who should your tenant call if there is an issue while you are away?
If the answer is???
You need to give your tenants a TENANT HANDBOOK. Detail is king-DOWNLOAD A FREE COPY:
If a tenant is unsure of the answer to some of these frequently asked questions, this may cause an upset in the tenancy if they are faced with any of these challenges and lead them to look for another property.
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Or call: 0191 491 0333 and ask for Mike Bell
Investment property that will run itself letting you do the things that you enjoy