Reference checks 'are necessity' for landlords
by Sarah Ashcroft
Property owners who are looking to avoid running into any trouble with their tenants should ensure they carry out thorough reference checks on individuals before allowing them to rent.
This is according to David Lawrenson, private rented sector export at LettingFocus.com, who said landlords who fail to conduct in-depth reference investigations could be in "big danger".
Referring to the task as a "key requirement", Mr Lawrenson highlighted that there are a high number of proprietors who do not check the background of their tenants, which could leave them short of cash at the end of the month.
He advised them to get to know each tenant so they are able to tell if renters are trustworthy and will do all they can to contend with the cost of residing in such a property.
Earlier this month, research carried out by Upad revealed 57.4 per cent of landlords claimed the gender of a client was a "genuine concern" for property owners, as men who are good at general maintenance and tidy women the usual favourites for successfully applying for a lease.
Commenting on the study, James Davis - chief executive officer of Upad, said: "When we asked landlords 'who makes the best tenants?' a number explained that they were more in favour of couples as both parties fulfil certain jobs in the home."
Mr Lawrenson also noted landlords are likely to experience difficult conditions in the coming months, as the recession and strain on employment will result in some people finding it harder to pay monthly bills.
He suggested those property owners who find themselves in a situation where there tenant can not hand over the funds should open a dialogue with them as far as they can in order to build up a good relationship.
"The key thing is to get the right tenant in place in the first place and carry out thorough reference checks," he added.
- Landlord Services News: Check your tenants with our Tenant Checking Service
Published on: August 9, 2012
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