If you’re a buy-to-let landlord with monthly mortgage repayments, getting your property inhabited as quickly as possible is of the upmost importance. To help you keep the rent rolling in, we’ve put together a list to insider tips on how to get homes leased as quickly as possible.
Post high quality photographs
One of the most effective ways to attract prospective renters is to post high quality photographs that offer a clear idea of what the property is like. Without pictures, you’ll risk your listing being overlooked altogether. In fact according to recent research conducted by the Property Investment Project, properties with photographs attracted 50% more interest than those without. You don’t need to spend a lot of cash on a professional photographer, just make sure they’re clear, colourful and paint the property in a good light.
Take out a comprehensive insurance policy
If you’re renting out your property through an agency they will usually require you to offer proof of an existing landlord insurance policy. Organising one as soon as possible will help speed up the process and get tenants moved in as soon as possible. Mentioning in the advertisement that your property is fully insured is also a great way to maximise interest and attract responsible tenants.
In order to attract desirable tenants who are keen to move in, it’s a good idea to give your property a thorough once over. This will instil great first impressions and encourage them to sign on the dotted line as quickly as possible. Moving into a clean home will also encourage them to keep the property in good condition for the duration of their stay.
Advertise on multiple sites
To get your property inhabited in lightning fast time, it’s advisable to use as many mediums as possible. If you’re using an agency, check that they use all the leading sites. If you’re letting privately, advertise on official property sites as well as private marketplaces such as Gumtree and Craigslist.
Organise your safety checks
Before welcoming new tenants there are a number of government regulations that you’ll need to adhere with. If you get them organised in advance, the moving in date can be scheduled for as early as possible. Current requirements include Gas Safety and Energy Performance certificates and fire and electrics safety checks.
Whether you’re letting a one bedroom apartment or a five bedroom HMO, these useful tips will have your property rented out in no time at all!