With an increase in the demand for short-term lets and a decline in the amount of people opting to let long-term, it can be difficult to attract long term tenants. Having a long-term tenant is beneficial for a multitude of reasons, as well as the simple fact it saves you the hassle of finding new people to let every couple of months. This guide will give you some suggestions on how to attract long term tenants. Good luck!
Keep the Property in Good Shape
Try to maintain your property to a standard that is not only liveable, but one that your tenants will love living in. If everything about the property is mediocre, or there are frequently maintenance issues, your tenants will be tempted to move into another property that has better amenities. However, if the property is kept well, regularly monitored, and has no faults, your tenants should be satisfied and want to stay long-term.
Keep in touch
Making sure that your tenants can contact you whenever they need to is necessary in case they have any queries or problems with the property that need resolving quickly. Remember to give them your current mobile number, and always answer their calls, or call back ASAP. Answering calls promptly is important not only to keep your tenant happy, but also on a practical level in case something serious has happened at the property that you need to know about sooner rather than later.
If you’ve already secured a great tenant, make sure to appreciate them to make them stay! Examples of how to appreciate them can be anything from sending a card at Christmas, to being polite and courteous when you visit the property for inspection. If your tenant knows you are a friendly person, they will feel more inclined to stay, as they’ll feel at home in the property.
Allow for Personalisation
If you want your tenant to stay in your property for a long period of time, they need to feel as though they’re at home. That’s why it’s a great idea to allow for personalisation within the property. Put up picture hooks and curtain poles, so that they can personalise it to their taste and make themselves at home. If furnished, make sure there is adequate shelving for the tenants to display ornaments, and if unfurnished, consider putting up some shelves yourself to cater for this need.
Attracting long term tenants can be difficult, but there are plenty of solutions available. To find out more about attracting long-term tenants, or to speak to someone more generally about property letting, contact us at firstname.lastname@example.org