How to find the best tenants
Having good tenants is important to ensure they pay the rent on time and look after your home, and it’s possible to find the best tenants by considering a few tips.
Questions we’re often asked about finding the best tenants for your home
Because we buy many tenanted properties, we are used to homeowners asking us about how to find the best tenants. These are some of the answers we typically give them:
✅ Is there any way to screen my tenant's financial or employment history?
Yes. There are companies, for example Experian, that provide this service to landlords who want to run credit checks and other background reviews of people who are either their tenants or applying to be their tenants. But you should know that these services are not free and you’ll have to pay roughly £15 to £25 for obtaining these reports.
✅ Why is it important to take steps to find the best possible tenants?
Because a happy and trustworthy tenant will cause you the least problems, as they will typically pay their rent on time every month whilst keeping your house or flat in good condition. In contrast, a bad tenant might deliberately damage your property, fail to make one or several rent payments, or otherwise cause you unnecessary problems.
✅ How quickly should I decide on approving my next tenants?
There’s no reason to act too quickly, because if you make a decision too swiftly you risk choosing a tenant that you haven’t fully vetted and who could end up giving you significant problems. Unless you’re under major financial pressure to pick a tenant, it is better to take your time to thoroughly assess your various applicants.
When you’re ready to sell your tenanted home, call LDN Properties
Whether you’re searching for tenants or already have your ideal renters living in your tenanted home, LDN Properties can buy the house or flat for cash at a competitive rate and without charging you any fees. Discover more about our no-stress and hassle-free process for buying properties by calling our team at 0207 183 3022 or reach us by clicking "Request Offer" below.
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