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How to Make Sure Your Property Is Ready For Tenants

Posted 29 October 2020 by Keith Osborne

Things to do before you advertise your rental property, and why you should consider a new build for your next rental venture...

Whether you’ve bought a property for the purpose of renting it to a tenant, or your own house is going to be empty for a while so you have decided to rent it out, making sure that it’s tenant-ready is crucial.

Ideally, your home should be ready for new tenants to move into as soon as you put it on the market, in order to improve the amount of interest that you get and get it filled as quickly as possible.

Depending on the type and condition of the property, getting it ready for a new tenant might be very simple or more complex. A new build property could be the perfect solution for many landlords, but they might not have considered them. Here are some of the basic things that need to be done before you advertise your rental property and why you should consider a new build for your next rental venture.

Décor

If you don’t want to spend a lot of time and money on décor, then choosing a new build property could be the perfect solution. They come in neutral colours, so you know that they will suit almost any tenant. Neutral colours are best since there’s no risk of a tenant deciding not to move in because they don’t like how it is decorated, especially if you don’t want to allow tenants to decorate it how they would like themselves. If you’re buying early in the build process, then you might even be able to choose the colour palette yourself, to make sure it’s perfect and ready for your tenants.

Furnishings

Deciding whether or not to let your property furnished is a big decision. On the one hand, you can usually ask for more rent when you provide furniture in a property; however, there’s always the risk that this could put tenants who have their own furniture off or discourage tenants who don’t like that furniture style to apply for the property. Many landlords will meet in the middle by providing essential furniture like white goods and allow tenants to get their other pieces. If you need to get new ones, factor in the cost of getting items like a washing machine, tumble dryer, fridge, and freezer.

Insurance

Getting the right landlord insurance is paramount before you rent your home to a tenant. The insurance will cover you if anything goes wrong like a burst pipe, and also if the tenant causes any damage to your home. If you have provided any furniture items, these will also be covered, but tenants will need to get their own renters insurance if they are bringing their own. Browse landlord insurance quotes at quotezone.co.uk, which is a simple comparison site where you can find the best deals for you by entering your details.

Repairs

When you’re buying a new build buy-to-let property, you won’t need to worry about repairs, but you should still check your property for any issues. This could be dripping taps, broken door handles, broken tiles, loose steps or cracked floorboards. If these issues arise in the first few weeks after your tenants move in, speak to your developer who will be happy to assist.

Whether you’ve invested in a property for the purpose of renting or need to find somebody to live in your own home for a while, making sure it’s ready for a tenant to move in will help you get it filled quickly by the right person.

 

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