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Posts Tagged ‘lettings norwich’

When attempting property lettings Norwich or anywhere else yourself you will want to be sure of a few things.

Making sure you have a property that is in good condition is a must and if it needs a splash of paint here and there see to it that it is done before letting. Some landlords are under the impression that tenants will trash a house anyway so why should they bother keeping the house in good condition, in my opinion this is the wrong way to look at it and the opposite is true if tenants can see a house has been looked after they are more likely to look after it themselves. If you treat your house as a crap hole so will your tenants!!

It is true though that some tenants will trash a property anyway but don’t listen to the horror stories this is the exception rather than the rule and people will generally look after the place if it is in good condition.

One of the most important points when letting a property is finding the right tenants in the begining. A lot of time and money can be wasted by choosing the wrong tenants if later on you have to get them out. You must meet all of your tenants before letting to them (this may sound obvious but I know people that have let without meeting the tenants) this way you can assess the kind of people they are, are they well presented? Do they seem keen to rent the property, what is their body language saying about them? All of this should help you pick the right tenants. As well as giving them the once over you will want to get reference’s from their current landlord as well as a previous one ( the current one is likely to say the sun shines out of their backside if he wants rid of them) also an employment reference with an indication of salary is essential with a landline phone number (and call it to make sure it’s not their mate from down the pub).

Ask the potential tenants for bank statements for the last 3 months, from this information you will be able to look for regualar payments and money going through the account.

One of the last things you want to do before handing over the keys when you are letting Norwich property is run a check through one of the credit referencing agencies. Credit checking the tenants will give you valuable informaiton on their credit history and any ccj’s etc they may have. A credit check willalso give you tenants address history and whether they have been on the electoral role in their previous adress’s. Tenants will most likely not have a perfect credit history, this can be for all sorts of reasons. This alone is not a reason to refuse them point blank more of a tool to put the full picture together on the tenants so you can choose the best ones to put in to your lettings norwich property.