French Property First

Helping You Find The Property Of Your Dreams

When you are a landlord of a property, there are many potential issues and challenges you may face. One of these may be complications with tenants. While you might be lucky and have a run of wonderful tenants who take care of your property, cause you no difficulties and pay you on time, you may find that, at some point, you’ll have tenants who are the exact opposite of this. However, there are steps you can take to deal with difficult occupants.

tenancy agreementPrevent problems from the start

Prevention is better than cure and there are some measures you can take to avoid future problems with those who are renting your properties. The first is to get good references from them. Ideally, these should be from former landlords rather than from friends and family. It is also worth checking out their employment and financial history as this will give you a good indication of their reliability and whether they will keep up with their rental payments.

Another way of avoiding problems is to keep a good line of communication open with your residents’ right from the beginning. If they are having any problems, then listen to what they say and do your best to resolve the issue. This way you will build mutual respect.

Get insurance

You should always make sure you have a good level of insurance in place before you rent out your property to tenants. Opt for a policy that covers damage, lost payments and legal costs. Although it may seem like an unnecessary expense during the good times, it can save you a fortune in the long run and stop you from having to deal with high unexpected costs. There are many different policies for landlords to choose from, so weigh the costs of each and make sure you get an appropriate level of cover to meet your needs.

Be professional

If you have an issue with tenants, then keep it professional and don’t let it get personal. Craig Scott of Redstones letting agents in Gosforth sees this as a major problem particularly with amateur landlords. “By the time they come and visit me the situation may have deteriorated badly. A professional property management service means that your emotion won’t get in the way. This way you will avoid getting involved in any silly, non-constructive arguments and you will not be accused of having a personal vendetta against them.

If dealing with the situation on your own always speak in a respectful and polite manner. Staying calm can help to prevent many problems from escalating.

property nightmareKeep a record

Keep a log of any issues or problems with both the date and details of what has happened and any action taken. Similarly, if you need to put anything in writing to them, make sure you get a copy for yourself. If an issue is ongoing and unresolved, your records can be used as evidence.

Know your rights

It is important that you know what your rights are as a landlord. For example, you do not have the right to expel tenants yourself. Nor do you have the right to change the locks on your property while your tenants are still living there. It is essential that you understand the actions you are permitted to take and when you will need other professionals to handle a situation on your behalf. This is something you should seek professional advice about before you rent out your property.

It’s also important to know what your tenants’ right are – here is the latest UK Government advice

Although there may be times when you face challenges as a landlord, there are measures you can take to avoid potential problems with your tenants. If these steps fail and you do run into problems, then keeping a record, getting insurance, being cordial and seeking professional advice are steps you can take to resolve these issues.

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If you are looking to sell your home in the very near future there are certain things that can be done to increase the property value of your home. Upgrades to your home may help to sell your home more quickly. Below are some basic tips to keep in mind if you are looking to increase the property value of your home without breaking your bank account.

Let’s begin with the first thing that people will see when they approach your home: the outside. The exterior of your home should be neat and clutter-free. Landscaping improvements should be made, if affordable. Landscaping improvements could also be something as simple as mowing the lawn and trimming the hedges or the branches on the trees, if you happen to have trees on your property. Re-painting the house should also be another consideration if it is apparent the paint is cracking or peeling. Going to extremes and adding some features such as a swimming pool may actually diminish the value of your property because of the added cost for maintenance.

 The next thing to consider is probably something people do not always consider to be important: the front door. If the door bell is broken, fix it. People will notmoney or house only be looking at what your home has to offer, but the things that will need to be fixed. It is also a good idea to consider a light fixture for the front door area, if there is not already one. No one wants to be fumbling for their keys in the dark.

 Once inside, it is best to take an objective opinion about your home for yourself, to look at your home as if you were considering buying the place. First impressions are important, so it is important to show a clean, clutter-free home. A home that is not clean and clutter-free will give the impression that the home is not well-maintained.

 Of course, maintenance on the inside of the home is always important, whether you are selling your home or not. Small problems like leaking water fixtures may become big problems in the future, so it is best to nip that problem in the bud before it turns into a costly expense for you or the prospective homebuyer. Upgrades to bathroom and kitchen fixtures are always a plus. If it is decided to re-paint the inside of the home, neutral colors are more appealing to new homebuyers. It gives the new homebuyer an opportunity to choose their own palate for their new home. Outdated rugs or carpets may need to be replaced if they have contaminants or allergens. If you can afford it, it would also be a good idea to replace the popcorn ceiling to prevent the home from looking outdated. You can visually increase the size of your home by allowing more light into rooms. Increasing the energy efficiency of a home and cutting energy cost is also another plus. Your local utility company may show how you can maximize the energy efficiency of your home.

 It is also a good idea to have a realtor or interior designer check your home first for issues before making any costly and unnecessary repairs. You should also consider having your home inspected for such things as a deteriorating roof, termite infestation or outdated electrical systems. These little things may not seem like a big deal right not, but they may go a long way in the future when you decide it is time to sell your home.

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