property uk real estate agents investments websites sell news features information map company services
 PROPERTY   DIRECTORY   AGENTS   INVESTMENT   SELL   SERVICES   NEWS   GUIDES   HOTSPOTS   FEATURES   MAP   COMPANY
Image 3 of England Image 4 of Wales Image 5 of Northern Ireland Image 6 of Northern Ireland Image 7 of London Image 1 of London Image 2 of Northern Ireland UK Flag property uk real estate agents investments websites sell news features information map company services
 REGISTER
Username:
 Password:  LOG IN
 Search:  GO
     
 

 Problem tenancies are the exception

 

Thursday, May 05, 2005


Overflowing bathtubs, persistent complaints from the neighbours about noise and damage to the fixtures & fittings of the property may make being a landlord seem like one big headache after another.

However, new figures from the National Landlords Association show that problem tenancies are very much the exception rather than the rule.

The problems are few and far between according to NLA’s chairman, David Salusbury who reckons that out of around just over 2 million private tenancies in the country as a whole less than 5% encounter a major problem.

"Even so," said David Salusbury, "with such a large number of private rentals in this country, this still accounts for a significant number of problem tenancies in absolute terms. But don’t forget that, despite some tenancies that go seriously wrong, around 2 million go swimmingly."

David Salusbury is keen not to under-play the problems that can arise. "Over a third of our landlords report that they have had to resort to the courts to evict a tenant, but thankfully it’s not an everyday occurrence. It’s once in a blue moon that things go as badly wrong as that," he said.

Communication and respect is key

The success of most private rentals may be attributed to the responsive and responsible attitude of the majority of landlords and tenants. It’s in the best interests of both landlord and tenant to make things work. Mutual respect, good communication and attention to detail go a long way towards setting the relationship on a good footing.

The NLA believes that landlords can do a lot to set the right tone and make the tenant feel valued as a customer, providing them with a list of ‘Ten Top Tips’ for success as a landlord.

"A lot of it comes down to working effectively with tenants, to understand their concerns and take steps to address them," said Mr Salusbury. "Our member landlords report that by being proactive in addressing and resolving problems and issues, tenants are more likely to look after the property, pay their rent on time, and stay for longer. In fact, there is plenty of evidence that by maintaining the premises to a higher standard, tenants are more scrupulous in terms of how they treat the property. Scrimping and saving on maintenance is detrimental to the fabric of the property, and detrimental to good relations with the people who are living there."

Indeed, the latest English House Condition Survey indicates that the quality of rented homes in this country is higher than ever before, with 52.5% officially categorised as ‘decent’.

The NLA’s ten top tips on how to be a successful landlord:

1.

Treat tenants as clients, ask them what they think and stay in touch with them

2.

Deal promptly and sympathetically with tenants' concerns

3.

Make yourself aware of relevant regulation, law and taxation

4.

Keep detailed records

5.

Devise a maintenance programme and stick to it

6.

Keep a pair of rubber gloves handy

7.

Whenever possible, take and check references

8.

Do a little often rather a lot infrequently

9.

Ask for a little below market rent rather than a little above

10.

Join a landlord association!

Don’t forget the rubber gloves

The Ten Tips highlight the fact that being a successful landlord is a really hands-on job. "For most of our members, being a landlord is their only or main occupation, while most of the others devote a considerable amount of time to the business," explained David Salusbury. "If something goes wrong in the property, tenants expect to be able to contact the owner or his agent to get it fixed."

A broken-down boiler when the temperature is sub-zero, a blocked drain, or water running through the ceiling may lead to a panic phone call at an anti-social hour. Landlords need to be willing and able to respond to problems of that nature, and keep that pair of rubber gloves handy to deal with those not-so-pleasant jobs.

When it comes to rent, David Salusbury believes that landlords should beware of appearing greedy. "A little below the market rate rather than a little above it means the tenant feels he or she is getting a fair deal, so they are likely to stay for longer and look after the property better. Getting a few percent less is better in the long run if the tenants stay for longer, renew the tenancy and you minimise the risk of voids."

For all the scare stories, landlords’ experience is that the majority of tenants are responsible and look after the homes they rent. However, there is much the government could do to create the really healthy private rented sector it says it wants.

For instance, if landlord and tenant aren’t able to sort out their differences satisfactorily through discussion, as things stand recourse to the courts for possession can be cumbersome and expensive. "We’d like to see something much quicker, fairer to both parties and more straightforward. We also need much less regulation of the sector and it needs to be applied with a light reign," said Mr Salusbury.

 
 
     
     
 

 Get this news on your website !

If you have a website, whether it is a personal homepage or a fully fledged estate agent service, you can get our news headlines included on your site. Both these newsfeed services give you the option of having the full news content from TheMoveChannel.com - not just the articles that appear on country subdomains such as this one:

Premium service

For just £50 / month, you can now have your own customised news service on your website. With the XML-based service, articles actually appear on a page on your site, making this a sticky feature that won't result in your traffic leaving. You have control over the display format to show your choice of headlines, dates and short article introductions and can apply your own style sheet or control the display format with XSL sheets. Finally, you can also set your subject preferences so that your feed only displays articles which are relevant to your site audience.

 
     
     
 

 Top News Stories:

Brits abroad have 'no regrets’
6/19/2008 - Expats who’ve escaped to sunnier climes seemingly have no regrets about leaving the UK…


Canny FTBs remain ‘undeterred’
6/19/2008 - A new survey has revealed that FTBs are increasingly entering the new homes market with confidence...


Londoners love ‘laid-back’ Italy
6/18/2008 - A survey has revealed that Londoners see Italy as the most desirable place to buy property...


 
     
     
 

 Sponsored listings:

 
     
     
 

 Free E-zines:

Subscribe to our free regular email newsletters on the following subjects:

First name:

Surname:

E-mail:


Please select:

Daily headlines
Investment
Leaseback
Overseas
Weekly review
Other stuff


Click here for descriptions


 
     
 VISITORS   INVESTORS   OWNERS   DEVELOPERS   AGENTS   AFFILIATES   ADVERTISERS   PARTNERS   PRESS
worldwide
Worldwide
england
England
northern-ireland
Northern Ireland
scotland
Scotland
wales
Wales
london
London
spain
Spain
france
France
italy
Italy
usa
USA
Investment
Investment
Privacy policy   Terms of use   Support   Bookmark now!   uk index
TheMoveChannel.com is a protected Trademark.
Copyright © 2000 - 2008 On The Move Ltd. All rights reserved.