Category Archives: Real Estate

Your Important Responsibilities Being a Landlord

It’s really great that you made a good investment on rental property. Besides, with the help of an efficient letting agent London, it was occupied at the best price. However, did you know that there are few other responsibilities too that you have, being a landlord, besides just collecting the money from your tenant?

Regular Check-ins And Maintenance Works

It’s one of the best qualities of any responsible landlord. After all, your tenants pay you, and so it turns out to be your responsibility to ensure that they have no issue in living there. You may schedule a monthly check-in with your tenant, and to figure out the maintenance works that are indispensably needed. These might include the following:

  • The plumbing or lighting fixtures that are required
  • Assessing the place for any property damage
  • Any other problem that your tenant might want to convey etc

Hence, with such regular inspections, you will not only be a responsible landlord, but it would also be in your best interest. After all, it’s your property, and you need to protect it.

Holding a Fixed Amount

This might include the current and the last month rents’ upfront payment, or any specific amount that you want as a security deposit. You can discuss about it with a letting agent London. Besides, you also need to mention about the amount in detail in your rent agreement. In case, your tenant leaves your property with any property damage, you will be able to fix it without any extra burden.

While that’s only a little idea on being a responsible landlord, you need to prefer each and every way to ensure that your tenants or you are never troubled while letting your property on rent.