How to Choose the Perfect Tenant When Renting in London

How to Choose the Perfect Tenant When Renting in London

Choosing the perfect tenant while renting a property in London is something that is a critical decision on your part to ensure you are successful as a landlord. 

If you happen to get a troublesome tenant, things can quickly go south and you may be left picking up the pieces of a bad event, causing you ample stress and headache.  

Luckily, there are a plethora of methods would-be landlords can apply to ensure that they are able to pick the perfect tenant for their proper, and this in turn will make the whole ordeal of renting out a property so much easier.  

In this article, we will be discussing a few essential things you need to know in order to pick the right tenant for you, as well as a few tips about how to spot tenants that may cause you distress in the future.  

Setting Your Boundaries & Sticking to Them is Vital for Choosing a Great Tenant While Renting in London  

One of the best ways to drastically reduce the number of options you may have while choosing a tenant as well as ridding yourself of a lot of undesirable choices is to simply set clear and concrete boundaries of which you are not willing to budge upon.  

For example, stating that drugs and alcohol are not allowed in the property in any way shape or form will cut a substantial number of would-be tenants out. Although, those that will remain will be much more likely to be better candidates. 

This same philosophy applies to any other preferences you may have. Don’t like smoking and you wouldn’t like to have a tenant who smokes and could potentially cause damages to your property? Well, then make no smoking a requirement for the would-be tenants. Not a huge fan of pets or animals or just don’t want to take the risk of them messing up your property? Well, make no animals one of your policies and stick to it.  

No matter how seemingly small you think an issue that a potential tenant could have is, don’t be afraid to let your boundaries be known.

 
This also applies to the cost of rent as well as the length of the tenancy too. It can be super frustrating dealing with a six-month tenancy as that brings more paperwork and more headache, and if it's not something you're willing to deal with, then make that known. 

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Doing Thorough Background Checks Is Essential for Finding the Perfect London Tenant  

Of course, perhaps the best way of ensuring a tenant would be a good pick is to perform thorough background checks as well as conducting personal interviews. 

If you don’t trust yourself to make a good judgement, there are a plethora of companies out there who specialise in doing exactly that, and they will conduct in-depth background checks on tenants and let you know if they are suitable.  

This process is something that everyone knows is important, but few people actually put enough importance on this when the time actually comes. 

In real life, you may want to just get a tenant as quickly as possible and do a sub-par job of doing background checks. However, you will regret this in the long run. 

Conclusion  

In reality, once one has the correct information, choosing the perfect tenant really isn't that hard of a feat. Sure, it may take a while for you to find a tenant that ticks all the boxes, but waiting an extended period of time is much better than the alternative of choosing a bad tenant and regretting your decision. 

By applying the tips, we have told you throughout this article, choosing the right tenant for you will be easy, and you will hopefully never have to go through the dreadful experience of dealing with a troublesome tenant. 

If you have a keen interest in becoming a landlord or you are someone who is looking for the perfect place to rent, feel free to take a browse through our website. We, at TRPE- The Real Property Experts, have access to all of the most recent listings throughout the whole of the UK and our expert staff members can help you along every step of the way. 

Good luck.  

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