Successful Letting and Tenancy Management
Know your market – develop a Marketing Plan and understand your Target Market
Reaching your Tenants – The advertisement, local press, letting boards, Internet sites
Selling yourself and your property:
- Initial Contact – often by telephone
- The Viewing – personal contact
- The Tenancy Application Form – identification & information
- Identity Document Right-to-Rent checks
- Credit Checks & Referencing – Credit Report, Employer and Landlord References
- Having a Guarantor – when tenants are young, students, or low credit scores
Check original documents to verify the Tenancy Application Form information and the tenant’s identity:
- to make sure the tenant can pay your rent
- to make sure your tenant has a good record in previous accommodation
- to make absolutely certain you can trace your tenant if she leaves without a forwarding address
The Main Documents:
- National Insurance Number
- Passport (photocopy with photo)
- Driver’s Licence (photocopy with photo)
- Utility bill in with previous address
- 3 months’ current account bank statements – optional
- Tenancy Agreement
- Inventory & Safety Check
- Tenant’s Information Pack
Read more about successful letting – 20 Steps to Successful Landlording
See our recommended methods: ©TenantVERIFY® Advice on Tenant Screening, 20 point Checklist
