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What makes the perfect tenant?

At Cauldwell Property Services, our lettings and property management team are totally committed to working on your behalf – our team will manage and maintain your investment property to the highest possible standard, giving you the confidence to know that your investment is in safe hands.

 

Choosing the right tenant for your property in Milton Keynes is not an easy task. Your property might be the most important financial asset you will ever have, so it’s vital you have a good tenant that will help maintain the value of your investment.

 

What are the best qualities to look for when choosing a tenant?

Ideally your tenant should respond quickly to calls or messages, as this makes it easier to get any problems resolved, however, it's not always the case and that's where relying on a letting agent can be beneficial.

Rent should be paid on time every month. Whilst sometimes defaults can’t be avoided, a good tenant should pay in full whenever the rent is due.

Your investment is your financial security. So, having a tenant that is respectful of your property is essential.

If there comes a point when your tenants can’t pay, they should keep communication with you so it can be resolved.

Tips for vetting your tenants:

- Choose a tenant with good credit – ensure your tenant is financially responsible by getting a credit check. If your tenant is responsible when paying bills, chances are they will pay their rent on time.

As well as offering fully-managed services, we can help you locate the best tenants that meet your requirements as a landlord.

- Get a tenant reference – a reference check gives you a good idea of whether an applicant will be a suitable tenant.

This will provide key information on a renter's employment history and ability to pay rent, as well as any previous dealings with landlords.

- Listen to your letting agent – your agent will only find you suitable applicants for your property. They will also be able to provide you with advice on choosing a tenant based on their experience working in your local area in the past.

- Live In the property long term – The main advantage of a long-term tenancy is that you have guaranteed income for a year or more and are more likely to take car of the place and treat is as their own.

 

Your rental property will be in safe hands with Cauldwell Property Services. From finding a suitable tenant, arranging routine maintenance, to rent collection, property inspections and day to day management, we take care of everything.

 

If you have a property to let contact us on 01908 304480 or visit www.cauldwellproperty.co.uk 

20.10.21
Written by Cauldwell Property Category: News
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