11th
Jun 2017
The quite spiteful picture painted by media of bad landlords is quite the opposite to what is really happening within the PRS, as the majority of landlords are on excellent terms with their tenants, as recently polled 69% of landlords stated that they have a good relationship with their tenants.
A landlord insurance company's latest research dispels the myth that landlords and tenants are constantly at loggerheads, in fact 33% have proudly stated they are good friends with their tenants.
Only 2% of landlords have said that they have a bad relationship with their tenants and another 15% admit to having no contact at all because their property is managed by a letting agent.
Unsurprisingly the top thing that landlords expect and hope from a tenant to establish a good relationship is that they pay their rent regularly and on time (58%), their next highest priority (41%) is that tenants look after the property and contents. The property's standard of cleanliness and being kept tidy was a priority for 37%, however long term tenancy agreements came in at 11% and contract renewals was only an 8% priority for landlords.
The tenants that took part in the poll stated that the most important landlord's quality is being able to resolve issue quickly after being reported at 69%, fair rent pricing 52% and 37% said that drafting a tenancy agreement was of paramount importance.
In summation of the report it found that the private rented sector is enjoying a relatively good period with 76% of landlords feeling that they would have little trouble in renting out their property without suffering any void periods over the next six months.
Christina Dimitrov, the Business Manager of the insurer, said: "The idea that landlords and tenants can’t get on is a fallacy, as many of these relationships are very positive and are often long lasting. Having a good relationship with your tenants is beneficial as they will be more likely to flag problems with the property quickly, enabling the landlord to arrange for a swift repair and therefore minimising inconvenience and expense for both parties."
Richard Merrick of PIMS, said: " This is obviously good news for everyone but I am surprised by the figure from the research that only 58% of landlords' top priority for their tenants is to pay their rent....surely the figure has got to be 100% ? "
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