In 2023, being a landlord is becoming increasingly challenging due to the changing rental rules, tax regulations, and mortgage requirements. Amidst all this chaos, it is important to remember that the experience of your tenants is vital. As a landlord, it’s easy to forget about your tenants once they’ve moved into your property. Therefore, it is recommended to make the tenancy period run as smoothly as possible from the beginning. In this three-minute read, we will discuss five priorities that landlords should consider.
- Create a Property Welcome Pack
A welcome pack is a simple yet effective way to improve your tenants’ experience. The pack can contain essential information such as your contact details, instructions for appliances, location of meters, how to operate the thermostat, tenant responsibilities, and emergency procedures. By providing this information, you can establish yourself as a thoughtful and caring landlord. - Improve Energy Efficiency
Improving the energy efficiency of your property is not only good for the environment but can also reduce your tenants’ utility bills. You can use short vacant periods to improve your property’s energy efficiency. For example, service your boiler, install energy-saving lightbulbs, and check the condition of floor and loft insulation. - Get Informed
Landlords should stay up to date with the latest legal reforms that may affect their properties, such as changes to taxes, eviction notices, and pet-friendly tenancies. Being informed and prepared is crucial for landlords to avoid any unpleasant surprises. - Mortgage Check
It is essential to know when your mortgage deal ends and whether you are on a fixed or variable buy-to-let deal. Getting in touch with a mortgage broker before your mortgage deal ends can help you prepare for a new deal. - Communicate
Clear communication should be a priority for landlords. Although it is not necessary to have weekly conversations with tenants, periodic check-ins are a great way to keep track of repairs and maintenance and to avoid any unexpected issues. A short text or email can help you establish a good relationship with your tenant.
A short text or email to ask how it’s all going is non-intrusive yet shows willingness to set things right if needed. Are you looking to let a vacant property? Get in touch with us at The Chelmsford Property Blog.
