{"id":1439,"date":"2012-05-24T09:00:42","date_gmt":"2012-05-24T09:00:42","guid":{"rendered":"http:\/\/blog.legal4landlords.com\/?p=1439"},"modified":"2012-05-24T09:00:42","modified_gmt":"2012-05-24T09:00:42","slug":"key-tips-for-landlords-when-starting-a-new-tenancy","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/lforl\/key-tips-for-landlords-when-starting-a-new-tenancy\/","title":{"rendered":"Key Tips For Landlords When Starting A New Tenancy"},"content":{"rendered":"
\"Key<\/a>

Key Tips For Landlords On Tenant Referencing<\/p><\/div>\n

Showing tenants around the rental property personally is a chance for the landlord to gain a little insight into the people who may soon be living in the rental property, providing that all parties like each other.<\/p>\n

It is also a good opportunity for landlords to engage with the prospective tenants and listen to their own gut instincts and it\u2019s easier to build a robust long-term relationship with people who are able to have an open and constructive dialogue with each other.<\/p>\n

Reference Tenants<\/a>: Fully comprehensive Tenant Referencing <\/a>offered by Legal 4 Landlords<\/a> will indicate if the tenant can afford the rent, indicate if the tenant has any criminal convictions or anti social behaviour orders against them and that they don\u2019t have a dubious credit or rental history.<\/p>\n

Monthly rental income can be assured by making use of Rent Guarantee insurance <\/a>that will protect the rent for the period of the tenancy.<\/p>\n

If landlords without Rent Guarantee insurance<\/a> remain unsure that their tenants will always be able to pay the rent every month, ask them to provide a relative who is UK-based, working, home owner to act as a guarantor, who will then be liable to pay the rent if they default.<\/p>\n

Guarantors are especially common for LHA and student tenants.<\/p>\n

Ensure the tenant sets up their monthly rental payments through a standing order or direct debit at their bank. It means tenants won\u2019t forget to pay and landlords shouldn\u2019t have to chase.<\/p>\n

Good communication on a regular basis with tenants will make them less likely to default on rental payments.<\/p>\n

\u2022 Ensure the landlord meets the tenants personally before considering letting a rental property to them.
\n\u2022 Tenant referencing by professional referencing specialists is essential.
\n\u2022 Can Rent Guarantee<\/a> Insurance be utilised?
\n\u2022 Secure a working home owner as a guarantor for the tenant.<\/p>\n","protected":false},"excerpt":{"rendered":"

Showing tenants around the rental property personally is a chance for the landlord to gain a little insight into the people who may soon be living in the rental property, providing that all parties like each other. 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