When renting your property, it is important to know who will inhabit it. That’s why all tenants should be checked. Without comprehensive tenant screenings, you could find yourself with issues further down the line.
Some tenants may have a bad credit or rental history and may not be able to pay their rent on time; others may cause disturbances in the neighbourhood. For this reason, it is important to evaluate potential clients to avoid such conflicts. Here are just some of the reasons as to why you can’t afford to skip a tenant screening:
Creditworthiness. Landlords have a responsibility to make sure that your tenants are able to pay the rent before signing the lease, which will be included in the tenant check. Checks will also provide some insight into what type of tenant you are dealing with and will highlight any relevant information that you may need to know.
Efficient operations. Many landlords find that they do not conduct a check on their tenants because they do not have enough time to do so. It’s understandable that independent property management is time consuming but there is a risk that’s taken when you ignore crucial steps. In the long run, a tenant check can save you time and money so it’s always advised to carry one out.
Criminal backgrounds. As a landlord these checks will help you to see if your property is likely be used in an illegal manner or if the tenant has been involved in unlawful activity in the past.
We deal with all aspects of London’s property market and can help you find the perfect tenant for your property. Whether you are an experienced landlord or a new investor we can make sure that you are guided throughout the whole process, and even offer the best rates available for guaranteed rent in the City of London and throughout the entire capital. When you are working with us you can rest assured that we will do all we can to optmise your chances of finding reliable, high quality and trustworthy tenants.