Avoiding house sharing if i can
Why I would always opt for a couple who are in a relationship over two sharers for my property lets.
When it comes to who I let to, give me a couple who are in a relationship over sharers any day.
The majority of the properties we let are 2-bedroom houses, with gardens.
These have always produced the best returns and are in strong demand from tenants, so they let fast, meaning I do not have to work too hard, which suits me rather well, as I did not leave a life of wage slavery 20-odd years ago to have to work hard when I ended up working for myself.
I still do the tenant-find work myself and rather enjoy it, just as long as there are not too many tenants leaving and too much of this sort of work to do. (The Plandemic let to a lot of tenant turnover, but thank God, things have calmed down a bit now).
When we put our adverts up online, we usually include something like , “Will suit a couple or a small family” for the deliberate reason that we would rather have two people renting who are in a relationship than two people who are not.
There are two reasons for this:
- Nine times out of ten, a couple who are in a relationship tend to look after their homes better than two sharers will.
- They tend to stay longer.
I have one particular 2-bedroom property though that does not come with a garden. It is also fairly close to the centre of London, being only a mile from Tower Bridge.
For both these reasons, it always tends to attract two houses sharers rather than my preferred “couple-in-a-relationship”.
So, what to do?
When the advert goes in, the enquiries flood in. Many are very good.
But I could wait ages for a couple who are in a relationship to enquire – and even then they may well come to a viewing and turn their noses up at it.
Plus, how can I know that the men and women who turn up for a viewing who say that they are married/in a relationship really are?
Many will know that some of us landlords prefer couples in a relationship over sharers and will just lie. And the clue is in the letting advert too.
So, there is not much one can really do about this anyway.
But I am still happier when I get an enquiry from a couple in a relationship.
Services for Private Landlords
We help landlords and property investors by showing them how to make money in the private rented sector using ways which are fair to tenants and which involve minimal risk. Our advice is completely independent.
Services to Businesses, Charities and the Public Sector
We advise a range of organisations too – public, charities and private – to help them develop and improve their services and products for private landlords. David Lawrenson, founder of LettingFocus, also writes for property portals, speaks at property events and is regularly quoted by the media.
HOME PAGE OF THIS BLOG: Blog
THE HOME PAGE OF THE MAIN SITE: http://www.LettingFocus.com
For general information on our CONSULTING SERVICES: Consultancy and Seminars
For ONE TO ONE PRIVATE CONSULTANCY FOR PRIVATE LANDLORDS: Property Advice
CLIENT TESTIMONIALS – from both organisations and private landlords: Testimonials
IN THE MEDIA: Recent Press Coverage
“SUCCESSFUL PROPERTY LETTING”:
Our book is the highest selling personal finance and property book in the UK. Click here to Find Out More and Buy it. And if you are from an organisation and would like to bulk buy, please ask us for special rates.
“BUY TO LET LANDLORDS GUIDE TO FINDING GREAT TENANTS”:
Also, get this great new guide here, which covers everything you’ll ever need to know to avoid either you or your letting agent getting anyone other than the perfect tenant. Click Here to Buy It.
BOOK FOR TENANTS:
Kids going off and renting for the first time? My Book for Tenants is also Available
TO JOIN OUR FREE NEWSLETTER MAILER which goes to over 3,980 people (as at Dec 2020) just send an email to [email protected]
We do not send spam or sell our mailing list to advertisers, though we occasionally mail landlords about good products from third parties. Please put us on your “white list” to ensure you receive our emails.
OFFERS ON PRODUCTS FOR LANDLORDS and TO ADVERTISE YOUR PRODUCTS to LANDLORDS: Landlords Resources
PERUSE LAST TEN BLOGS ON THE RSS FEED: Click Here
NEXT ANNUAL SEMINAR EVENT FOR LANDLORDS: Landlord and Property Letting Seminar
TWITTER PAGE Unfortunately, Twitter has banned me for having “Wrong Thoughts” and “Provoking Quarrels” : Twitter
COPYRIGHT: DAVID LAWRENSON