In todays climate, it's super important to make sure you're selecting the right tenants. From agreeing on a minimum annual salary for your tenants to checking their rental history, these are things we recommend every landlord does.

In this short video, Andy gives his advice for when choosing tenants, discussing the following points in more detail:

Thorough Tenant Screening: Before selecting tenants, conduct comprehensive screening to assess their suitability and reliability. This includes:

  • Credit Check: Review the tenant's credit history to ensure they have no past financial difficulties, such as CCJs or IVAs.
  • Previous Landlord Reference: Contact previous landlords to gather insights into the tenant's behavior, reliability in rent payments, and overall suitability.
  • Income Verification: Verify the tenant's stable source of income through payslips or employment contracts to ensure they can meet rental obligations consistently.
  • Personal Interviews: Meet potential tenants face-to-face or conduct virtual interviews to gauge their personality, communication skills, and compatibility with your property.

Trust Your Instincts: As a landlord, trust your instincts during the screening process. If something feels off or raises concerns, listen to your gut. It's better to wait for the right tenant than rush into a tenancy that may cause problems later on.

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