Minimise Risk, Maximise Protection
As a landlord going that extra mile when finding a tenant for your property will help minimise the risk of a tenant defaulting later on.
It is not just loss of rent (voids) that a landlord should be concerned about but also the costs involved in getting the property back into a state that a new tenant will be prepared to take on and the cost of finding a new tenant.
If faced with a troublesome tenant, care must be taken to maximise the protection of the landlord. References, Financial checks Rent Deposits, and Guarantees all help to minimise the risk involved however it is important to understand when and how each can should be used.
To ensure you are protected or if you are experiencing a troublesome tenant and need some guidance please call Caroline Wilson on 01908 662277