As a landlord, one of the most important things is having long term, reliable tenants. Once you've found trustworthy tenants, you'll want to make sure they're happy and that they stick around. Sandfords reveals how to keep tenants happy always.
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Keeping Tenants Happy
1. Specialists in Sales, Lettings and acquisition
of prime residential property in Central and
North West London
sandfords
Keeping Tenants Happy
And
How to retain them
2. Found tenants? Good. Now keep them
Photo Credit:www.commbank.com.au
If you’re a landlord with a Swiss Cottage property to
let, or if you have rentals in Hampstead and Belsize
Park with tenants in situ, you’ll know that finding
people to fill the rooms isn’t a problem. While
demand for North West London property to rent is
at an all-time high, the emphasis for landlords is
now on keeping good tenants.
Why it’s important to keep good
tenants
Landlords with North West London property
portfolios need good tenants to protect their
assets. Tenants are guardians - if they look after a
property they will maintain its value, not devalue it.
Well behaved tenants will also cause less trouble
and keep landlords out of civil proceedings. With
the average tenancy nearly three years in
duration*, landlords need peace of mind that
tenants are respectful and are abiding by the
tenancy agreement.
3. The competition
Keeping good tenants will also become more
important as the months pass as there’s set to be
a rise in buy-to-let stock. The Government-backed
Build to Rent programme promises to deliver
thousands of brand new, purpose build properties
to rent in Central London - potentially flooding the
market. Tenants will have more choice and will be
able to shop around, so keeping them on side will
become vital to avoid void periods.
How to keep tenants happy
As North West London lettings agents, Sandfords
has managed hundreds of properties on behalf of
landlords, working closely with tenants and
listening to their grumbles. We’ve collated the top
three reasons why tenants become unhappy and
look to leave a property.
Photo Credit www.northlondonmanwithvan.co.uk
4. Top tenant grumbles
1. Lack of contact from the letting agent or
landlord
2. Unexpected rent increases
3. Slow response to maintenance issues
All three reasons point to a breakdown in
communications - emails not being answered,
messages not returned and people not picking
up the phone in the first place. Here at
Sandfords we keep an open dialogue with our
tenants and landlords to ensure problems are
addressed quickly and professionally.
Help from the professionals
As we enter a new phase of the private rental
market, with increased laws like Right to Rent,
landlords might struggle to find the time to nurture
tenant relationships. Using a professional property
manager is a great way to build and maintain buy-
to-let portfolios that are full of happy tenants. If
you’d like to know what’s involved in a full property
management service, contact North West London
letting agents Sandfords for advice.
*Allsop in partnership with BDRC
5. Properties for Sale in Central London
4 bedroom House for sale in Gloucester Place,
London, NW1
2 bedroom Flat for sale in
London, NW8
For an updated and complete list of properties for sale in Central London , please visit www.sandfords.com
6. Contact Us
If you would like details of properties for sale in Central London with modern kitchens and the latest appliances, please
contact Central London estate agents Sandfords today.
Sandfords Property Management
6 Nottingham Place,
London W1U 5NA
T: +44 (0)20 7099 1133
F: +44 (0)20 7487 3393
pm@sandfords.com
www.sandfords.com