27th Jan 2020|News|

Landlords Reveal Their Ideal Tenant: How to Stand Out in the Rental Market

The dynamic between landlords and tenants is key to a successful and stress-free rental experience. With recent statistics from the English Housing Survey showing that a significant 4.5 million households in England now rent from private landlords, understanding what makes a tenancy work is more important than ever. For landlords, finding the right person to live in their property is crucial, and for tenants, knowing what landlords are looking for can give you a significant advantage in a competitive market. But what exactly constitutes an ideal tenant, and how do landlords choose tenants?

This post will delve into what landlords prioritise, how they navigate the selection process, and offer insights into how to be a good tenant.

How Do Landlords Choose Tenants?

Finding a reliable and responsible tenant is a top priority for any landlord. The process of finding a tenant involves more than just picking the first applicant. Landlords employ various methods to assess potential renters and determine their suitability.

A recent study by Intus Lettings shed some light on the tenant vetting process, surveying 500 landlords about their preferences. The findings revealed some interesting insights into the demographics landlords tend to favour, although it’s important to remember that individual preferences can vary greatly.

According to the poll, the most preferred demographic, cited by 29% of landlords, was a couple with no children. Single young professionals came in second place, favoured by one in four landlords. Families with children were preferred by 20% of the surveyed landlords. Interestingly, despite representing a large part of the rental market, students were the least popular, favoured by only 1% of landlords surveyed.

However, demographic preference is only one piece of the puzzle. The study also prompted landlords to specify what aspects of the tenant vetting process were most likely to sway their decision. The majority of respondents (40%) agreed that a strong reference was the most persuasive factor when considering how landlords choose between tenants. This was followed closely by the attitude and manner of the prospective tenant during the viewing. This highlights the importance of making a good first impression. Age and marital status were considered the least important factors.

This data underscores that while landlords might have initial demographic preferences, the ultimate decision often comes down to tangible evidence of reliability and responsible behaviour, alongside positive personal interaction.

What Does a Landlord Look For in a Tenant? Beyond the Basics

So, beyond the initial demographic picture, what does a landlord look for in a tenant? Landlords are essentially looking for someone who will be a reliable, respectful, and responsible occupant of their property. Their primary concerns often revolve around protecting their investment and ensuring a smooth tenancy.

Based on landlord feedback, here are some key qualities and indicators that landlords prioritise:

  • Positive Rental References: As highlighted in the study, a glowing reference from a previous landlord is incredibly valuable. It demonstrates a history of paying rent on time, taking care of the property, and being a responsible tenant. This is often the single most important factor in a landlord’s decision-making process.
  • Financial Stability and Ability to Pay Rent: Landlords need assurance that rent will be paid in full and on time. This is typically assessed through income verification, employment history checks, and sometimes credit checks. Demonstrating stable income is crucial.
  • Respect for the Property: Landlords are entrusting you with a significant asset. They look for tenants who appear responsible and likely to maintain the property’s condition. This means keeping it clean, reporting maintenance issues promptly, and avoiding unnecessary damage.
  • Responsible Behaviour: This encompasses everything from adhering to the terms of the lease agreement to being considerate of neighbours. Landlords want tenants who are reliable and won’t cause problems.
  • Honesty and Transparency: Being upfront and honest during the application process and throughout the tenancy builds trust.
  • Good Communication: Responsive and clear communication with your landlord is vital for resolving issues quickly and maintaining a positive relationship.

How Landlords Choose Between Tenants: Making the Final Decision

When faced with multiple applicants, how do landlords choose between tenants? This is where a comprehensive screening process comes into play. Landlords will typically compare applicants based on the factors mentioned above.

They will likely:

  • Review Applications Thoroughly: Checking for completeness, consistency, and any red flags.
  • Contact References: Speaking to previous landlords and potentially employers to verify information and get insights into the applicant’s history.
  • Conduct Viewings and Interviews: Observing the applicant’s demeanour, asking questions, and assessing their suitability in person.
  • Perform Background Checks: This may include credit checks, criminal background checks, and eviction history checks, depending on local laws and the landlord’s policy.
  • Compare Financials: Assessing income-to-rent ratios and overall financial stability.

Landlords are looking for applicants who present the lowest risk and the highest likelihood of being good tenants in the long term.

How to Be a Good Tenant: Earning Your Landlord’s Trust

Understanding what landlords look for in a tenant is the first step to becoming one. Being a good tenant isn’t just about paying rent; it’s about building a positive relationship with your landlord and taking care of the property you call home.

Here are some tips on how to be a good tenant:

  • Pay Rent On Time, Every Time: This is the golden rule. Late rent payments are a major source of stress and frustration for landlords. Set up reminders or automatic payments to ensure you never miss a deadline.
  • Keep the Property Clean and Tidy: Treat the rental property as if it were your own. Regular cleaning prevents issues and shows respect for the landlord’s investment.
  • Report Maintenance Issues Promptly: Don’t let small problems turn into big, costly ones. Notify your landlord as soon as you notice any repair needs.
  • Follow the Lease Agreement: Read your lease carefully and adhere to all the rules and regulations, including those regarding pets, smoking, and guests.
  • Be Considerate of Neighbours: Keep noise levels down and be respectful of those living around you.
  • Communicate Effectively: Respond to your landlord’s communications promptly and clearly. If you anticipate any issues, like a late rent payment (in rare, unavoidable circumstances), communicate with them in advance.
  • Request Permission for Alterations: Before making any changes to the property, no matter how small, get written permission from your landlord.
  • Leave the Property in Good Condition When You Leave: When your tenancy ends, leave the property clean and in the same condition as when you moved in, minus normal wear and tear.

By consistently demonstrating these qualities, you not only make your landlord’s life easier but also build a strong rental history, which will be invaluable when you apply for future tenancies.

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