Some tenants are a dream for landlords – others are a nightmare!

Here are the top 7 horrors for landlords this Halloween, and how a property management team could help you avoid them:

  1. Tenants who never pay on time.

How can you meet your mortgage payments if your tenants don’t pay on time?

Some tenants have every excuse in the book – from family problems and car breakdowns to waiting for payments for work or benefits.

A property manager who knows your tenants well and knows their circumstances, can help you differentiate between genuine problems and excuses. The best managers, like Louvain Properties, can guarantee you get your rent on time.

  1. Renting to party animals?

Loud noise and music at all times of the day and night can mean a local authority’s noise control team is called in or the police are called.

This can be a worrying and exhausting situation for a landlord and neighbours.

A good letting agent who carries out effective background checks can help to filter out problem tenants like this.

If they’re called into an existing problem, they can act as a liaison with the authorities for the landlord and ensure tenants comply with the terms of their tenancies.

  1. Tenants who disappear owing large amounts of back rent.

Having to involve an external debt collection agency or a private investigation firm to track these tenants down can be costly.

Far better to hire a property manager who vets potential tenants effectively to nip this problem in the bud – weeding out those without good financial references – and who get you your money, reducing your risk. Louvain Properties also offers debt collection on a ‘no collection, no fee’ basis.

  1. Trashed properties.

There are internet tales of stolen pipework and boilers, smashed baths and sinks, fires set in floors, and graffiti.

A pro-active property manager who vets tenants and carries out regular inspections can cut down on the risk of problems like this.

  1. Tenants with fake references.

This can be the root of many problems like late payment and poor behaviour – and a property manager will rigorously check references to help you ensure you get good tenants with a track record of prompt payment and keeping properties in good order.

  1. Chronic complainers – no matter what you do.

We’re talking about those who always have a long list of gripes, even though a landlord makes repairs promptly and keeps their property in a good condition.

Your manager can act as a buffer between you and these tenants.

  1. Tenants who don’t inform their landlord about problems.

How can you fix a broken shower or a smashed window if you don’t know about it?

Your property manager will keep an eye on the fabric of your building with regular inspections.

Want to avoid bad tenants turning your property into a house of horrors? Take a look at our services for landlords here: http://louvainproperties.co.uk/services/.

 

putting off potential buyers

putting off potential buyersHalloween is fast approaching and it’s got us thinking about the things potential buyers see as horrors.

So, we’ve drawn up our top 10 turn-offs for people during property viewings – so you can avoid them and sell your home:

 

  1. Pets – their fur, their smells, and their…well, leavings! Clean your property thoroughly before viewings, keep pets out of the house when potential buyers are looking around, banish the litter tray or the dog bone, and don’t leave bowls of pet food in the kitchen. It’s the number one turn-off for house buyers. Don’t forget that some would-be buyers might be allergic to animals or be frightened of them.
  2. Bright walls – you may love that bright orange paint, but your potential buyers may not! If you want to sell, it’s time to take some of your personality out of your home. Make it more neutral to appeal to more people. While you’re selling, you could add colour to your home with soft furnishings such as throws and cushions, or rugs. These are things you can take with you to your next property.
  3. Rooms strewn with toys – although creating a family feel is good, a cluttered room looks smaller and people need to be able to imagine themselves living there. Help them do that by clearing toys away.
  4. Cooking smells – think liver and fish as some of the main offenders. Lingering smells don’t help your cause. On the other hand, the smell of freshly baking bread and coffee tend to have the opposite effect. So, make sure your home is properly aired for viewings if you enjoyed a curry the night before.
  5. Cigarette smoke – a big no no. If you smoke inside, your viewers will smell it even if you open all the windows. Many people smell cigarette smoke and assume they will have to throw out carpets and repaint the whole house because they don’t want to live in it. Smoke outside while you’re selling and have your house thoroughly cleaned. You may well also decide to paint to cover any smoke stains.
  6. Messy bathrooms – a clean and tidy bathroom is huge selling point. Clutter it with make-up, toiletries, and cleaning products, and you’re not helping your agent during viewings.
  7. Unfinished DIY – it will make your buyers think they can knock you down on price because more work needs to be done than they had anticipated. Complete it!
  8. A shabby porch or front door – kerb appeal is hugely important. Get that repainted and tidied up as it’s your first chance to make a good impression.
  9. Dirty windows or curtains – sparkling windows say a home has been well maintained. Dirty windows say the opposite. It’s also such an easy thing to fix.
  10. Too much furniture – if your rooms are crammed with furniture, they will look small and poky. Put some of it in storage to free up space while you’re selling.

 

Can we help you sell your home? Call our local property experts on 01495 619811.