Are you moving rental properties? If so, you’ve got competition! Demand from tenants reached a five-year high during the last quarter of 2020 – sitting at their highest levels since early 2016 and rising 29% when compared to the third quarter of last year.
Performing your own tenant ‘health check’ before you start looking for a new property to rent, will help you secure the rental – allowing you to present yourself as an irresistible prospect and fending off any competition. As well as a refresher of what tenant referencing entails, these 8 tips will help you get in the best tenant shape possible:-
What is tenant referencing?
Tenant referencing – carried out either by a letting agent or landlord – is an assessment exercise that happens before a tenancy agreement is signed. Research is conducted on matters such as financial health, employment status, eligibility to reside in the UK and past tenant behaviour. The results will help the landlord and letting agent decide whether the tenant is suitable for the let.
Give yourself the best chance of rental success
If you’re a first-time tenant or would like help finding your next rental property, please contact us for guidance and a list of available properties.
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