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Getting-the-best-tenant-for-your-rental-property in Bow E3-6-tips-for-landlords

So, you’ve got a property to rent in Bow, E3. You’ve invested your savings, or you have perhaps inherited a house, and now you want to rent it out.
Of course, you want to attract and choose the right tenants – those who will look after it, pay the rent, and cause you little to worry about.
But how do you find the right tenants? Are there steps you could be taking to ensure that the tenancy is as easy as possible, leaving you to get on with your life?
Who are the Best Tenants?
If you want to attract the best tenants, you have to first define what you mean by ‘best tenants’.
  • Do you want to ensure they look after the property to a high standard?
  • Is the rent being paid on time a top priority?
  • Do you want them to be able to get on with any little DIY tasks?
  • Is the best tenant for you a young professional?
  • A family?
  • Retirees?
  • Will a young professional be able to pay the rent easily?
  • Will a more mature tenant look after your house better?
On the other hand, all this speculation may be absolute nonsense!
So, you must define who your best tenant might be, and follow our six tips to attract the best for your property.
1. Choose a Suitable Letting Agent
You must make sure you choose the right lettings agent. Whether you want your agent to find you a tenant, or if you task them with managing the property as well, it’s super important that your agent knows what sort of tenant you are looking for.
Do your homework. Talk to several lettings agents including us to find the right one for you. Ask around and consider recommendations.
2. Let your Agent Handle Viewings
Unless you are experienced, use your lettings agent to handle viewings. In our case, we have been in the industry for a long time and will get a gut feeling for the people who walk through the door. This, along with your brief always ensures we are ready to ‘vet’ prospective tenants.
Trust your agent. If they’re like us at Stephen James, they’ll know the type of tenant you want and will make sure any viewing requests fit with your brief.
3. Be a Property Matchmaker
If you’re looking for someone to live in your property who is as tidy and clean as you are, it makes sense to make sure your property is photographed in its neat and tidy state—even minimalist. You’re more likely to get the perfect tenant who will want to live that way, and they’ll know the standards you set right from the start. Make sure your rooms are dressed or staged appropriately when the photos are taken.
4. Develop a Shortlist
Weeding out prospective tenants you don’t want is made easier if you and your lettings agent ask a list of questions you’ve already prepared. Whether it is you asking or your agent, the answers will help you choose. Take time to think about the responses you need to hear and shape your questions accordingly.
5. What's Best’ Anyway?
If you have struggled for a while to find the right tenants, are you being too picky? After all, background checks and references must be conducted to ensure your tenant will be able to afford the rent. They will also sign a contract! You have rights as a landlord should things go awry. Talk to us about being a landlord and what it entails. We’ll help you define what makes a good tenant.
6. Don’t Skip the Background Checks
Viewings have been completed; you’ve got some potentials in mind as the right tenants. Bingo. But wait. Now is the time to get those all-important checks done. It’s so important to get this part right, even if you’re letting to a friend.
This is where a letting agent can really assist you. A good letting agent will carry out all the necessary checks for you and put forward the people they consider right for your property.
If you want some advice on letting your property, please get in touch. We’ll happily help you market your property, find a tenant, and complete all the necessary checks. We can manage your property going forward too. We want you to get it right, and that’s why we always do it right.
Call Stephen James on 02088212888 or email e3@stephenjamesestates.com for more information.
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Electrical Safety News

When you are a landlord, you should remember that people actually live in your property! It’s more than just bricks and mortar and an investment. It’s ultimately someone’s home.
There lies within property ownership a responsibility to tenants to make sure that they are safe. Indeed, it’s an obligation, and it’s a legal responsibility too.
For years, landlords have had to carry out regular gas safety checks, but new rules now mean that landlords must carry out electrical safety checks too.
Here, we set out what they’re all about.
What’s Changed?
The Government, which says it acknowledges many landlords are responsible owners, said it wants to make sure people are safe when they live in rented accommodation.
So, new guidelines were drafted, and those new rules came into force in June 2020 as the Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020.
At the time, the Government said: “This is a major step towards levelling up the private rented sector, making sure it will offer high-quality, safe and secure housing.”
This is good thinking, and a welcome move, particularly when you consider that gas safety checks have been carried out for years now.
What do the new Rules Mean?
Landlords must now comply with the new regulations. They must have “the electrical installations in their properties inspected and tested by a person who is qualified and competent, at least every five years”.
A copy of the electrical safety report must be provided to tenants, and also to a local authority (like the council) if requested.
Basically, electrical testing has got to be done by professionals with the correct knowledge and skill.
Does this Apply to all of a Landlord’s Properties?
The new regulations must be adhered to, but there are two dates to be mindful of. The rules apply to new tenancies from July 1, 2020. This means for new tenancies that commenced after July 1, a safety report should already have been carried out. However, landlords have until April 1, 2021, for existing tenancies.
Can Anyone do an Inspection?
No. As the guidelines say, the inspection must be carried out by a competent person who is registered to do so. You can find a list of professionals here www.electricalcompetentperson.co.uk
What do the Inspections Cover?
Inspections are not about fridges of kettles or other small appliances or white goods. What they about are the fixed electrical things like plug sockets and lights, and also showers if they are electric and permanently fixed.
Tests will see if everything is safe or if there is a risk of fire or an electric shock. It’s pretty easy to see why an inspection needs to be done – and that is to protect life and property. Depending on what an inspection finds, action may or may not be required. Landlords must then carry out the work within a specified time, and there must be written evidence of this.
What Happens if Electrics Remain Unsafe?
Responsible landlords will want to get any electrical issues fixed and will take action to make good anything highlighted in the inspection report immediately. In the guidelines, if work is not carried out, local councils have the authority to serve a remedial notice on a landlord who must then get the job done. If they don’t, and the council is confident that landlord duties have been breached, it can inform the landlord that it intends to impose a fixed penalty – and this could be up to £30,000.
It makes good business sense to ensure properties are inspected, and it’s a legal duty now too, so we recommend that landlords get started and make sure their properties have been inspected.
Chances are, you’ll have been working with people you trust, but you must ensure they are competent. If you are unsure, use the website www.electricalcompetentperson.co.uk to check if a tradesperson you know is registered.
If you are a landlord in Bow and have any queries at all, it’s better to be safe than sorry. Get in touch with us here at Stephen James or call 02088212888 and we’ll run through the details with you.
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