What do landlords and tenants have in common?

What do landlords and tenants have in common?

 

Landlord-tenant relationship in the UK is often portrayed as strained and potentially one-sided in the media. However, the reality is that there are many great landlords letting beautiful properties to great tenants and having them managed by reputable agents.

  

Both landlords and tenants need and want stability  

Stability is key to a good tenant-landlord relationship. As a tenant, you want to feel secure in the place you live, and as a landlord, you want to ensure you have a responsible tenant in your property. Having a good tenancy agreement in place is vital to securing each other's interests and sets a platform to build trust.

 

Property maintenance is central to building a good relationship  

Tenants want to live in a well-maintained property, and landlords want their home to be taken care of so informing your landlord or the letting agent of any issues is in both the tenant's and the landlord's interests.

It stops minor fixes from becoming expensive repairs. A managed property can benefit from an on-call property maintenance team that can sort out any niggles.

  

The legal landscape is changing for both tenants and landlords  

Legislation is constantly evolving and is there to protect both landlords and tenants. The Renters Reform Bill has been on the horizon for quite some time and is slowly going through parliament and so it's important to stay up-to-date and compliant.

 

Landlords and tenants benefit from good communication 

This is vital to a successful and long-standing rental relationship. From general maintenance to preventing misunderstandings, having the property managed by an agent ensures there is someone there to efficiently act on both the landlord's and tenant’s behalf.

 

Landlords and tenants benefit from fully managed properties  

There is a lot to think about and even more to do when letting your property. Tenants also have a time-consuming process to follow, from getting references and gaining a clear understanding of their tenancy agreement to finding a good property in the first place. Whilst new legislation and the challenges and opportunities in the rental market make it more important than ever to know your stuff as a landlord. A fully managed letting service can manage every aspect of the property and process for tenants and landlords. This includes property maintenance, rent collection, compliance, matching good tenants with equally good properties, and more.

  

Landlords and tenants benefit hugely from a managed letting service. 

 Contact us for more details.



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