The referencing process is a critical step before tenancy begins. However, a bad reference can have severe repercussions for both letting agents and landlords, including wasted time, financial losses, and damage to reputation.
Ladybird Living – Your London Estate Agent
Category: Finding Tenants and Marketing
Property advertising: new guidance 2023
New guidance for property listing terms has been introduced by the National Tradings Standards Estate & Letting Agency in August 2023.
Issues with tenant vetting procedures
Activists have raised concerns about some tenant vetting procedures as they feel that tenants are being asked for extra, unnecessary information. While it is common for property owners to ask prospective tenants for evidence of their employment status and income, asking tenants for their CV, application photo or LinkedIn profile may be taking things too far.
4 tips to impress potential homebuyers
1. Think about who your potential buyers would be
You should have a general idea of who is most likely to be your potential buyer and design the property in a way that would appeal to them.
Steps for Screening Tenants
Back [greeting] Steps for Screening Tenants Step 1: Affordability test The first step to screening prospective tenants is to conduct an affordability test. This test will help you to determine the amount someone needs to earn to be able to afford the property. You should consider the following in the affordability test: the rent, utility… Continue reading Steps for Screening Tenants