The importance of tenant vetting cannot be overstated. As a landlord, it is your responsibility to ensure that the people who are renting your property are doing so legally and that they will take good care of your investment. There are a number of ways to vet tenants, and the process should be as smooth as possible for all parties involved.
You must vet tenants
What landlords should check for when vetting tenants:
· References from previous landlords
· Employment status
· Income
· Credit score
· Criminal background check
We know many landlords aren’t interested in collecting this information, or enquiring into the personal life of prospective tenants. This is perfectly understandable, but it is also a barrier to letting your rental property in a successful manner.
This is why it makes sense to call on a skilful lettings agent to do this work for you, and this is something we are more than happy to provide for you at David Harris & Co. Our property management services ensure landlords care for their rental property in the best way, bringing in the best possible tenants.
When you have good tenants in your rental property, the process of letting property is a lot easier.
Make the process easier
The following steps are vital in making the process as smooth as possible:
· Create a standard application that all prospective tenants must fill out
· Check references thoroughly
· Run a credit check and criminal background check
Again, paperwork is something many people hate, even though it is essential in letting property. At David Harris & Co, we know the importance of vetting tenants, and the most effective ways of doing so. If you are looking for guidance or support in this matter, we are more than happy to help you anyway we can.
You benefit from vetted tenants
The benefits of vetted tenant include:
· Well-vetted tenants are more likely to take care of your property
· They are less likely to cause problems or need to be evicted
· They will generally be more stable tenants, meaning they are less likely to move frequently and disrupt the cash flow from your rental property.
These are outcomes which make being a landlord easier, and much more rewarding. If you want to achieve these benefits, without the work, we are here for you, and we look forward to assisting you as best we can. When you are ready to improve your quality of tenants, contact David Harris & Co.
Contact David Harris & Co to let in Finchley
We have assisted many Finchley landlords connect with tenants, and we know where these groups are looking for rental property. You can take the stress out of connecting with your ideal tenant by turning to a local letting specialist in Finchley.
If you want to make an informed decision in and around Finchley’s letting market, we are here for you. If you have any questions about the local market, or you need assistance, please contact David Harris & Co today. Call us on 0208 346 9122.
