It is vital that your property is well presented when showing it to potential new tenants, first impressions are everything and it important that you make the right one. You want to have tenants that will take care of the property and treat it as if it were their own, if they see a neat tidy and well looked after home then it is more likely they will strive to keep it in this state, a scruffy, shabby property isn’t likely to be looked after in the same way. Small things have the potential to discourage renters from choosing you property nonetheless some quick adjustments can influence them into renting your property.
Front of house is very significant, people can make a decision in a few short seconds before even entering the property. Make sure it is well presented. Clean the windows, sweep and weed the paths and make sure the grass is cut. These little things that can be done in no time at all can make all the difference.
Make sure when the tenants walk through the door they are presented with a fresh, clean home. Clean the property from top to bottom, open the windows and open all the blinds. A bright clean property will be very welcoming and appealing, dirt and musty stale smells will put anyone off. When you clean concentrate on the bathrooms and kitchen in particular, if either of these are grubby it would likely put anyone off.
It’s easier for both yourself and the tenant if the property comes unfurnished. It means you aren’t worrying about any furniture getting damaged, meaning when the time comes that they are vacating the property, there is less to check. Also as the majority of the time with normal rentals people are unable to decorate, bringing their own furniture gives the tenant the opportunity to put their own personal touch upon the property making it feel like their home.
You will need to make sure any electrical items supplied are checked early by a qualified professional, this is also true of the boiler. It is your responsibility to supply a safe property.
Last but not least it is vital to be organised. Put aside time to sit down with the tenant and discuss everything including the terms of their rental payments and dates. Ensuring you are paid on time is essential as this is what is paying for the mortgage on this property. Be clear about when you need to receive the rent by in order to evade any late payment charges and likely harm to your credit rating.
Purchasing a property is a big step. It is vital to make analyses in order to to govern what offers are available to you in for your buy to let mortgage possibilities. Several dealers will counsel you for free there are also many comparison websites accessible for you to enter your data and find out the top decision for you.
Ceri Harris is an underwriter at Willows Finance a secured loans company based in Wales.