What Tenants Say About Rental Risks
The buy-to-let market is booming at present so it's hardly surprising that increasing numbers are opting to become landlords in order to experience the benefits that come with it.
With reports stating returns of £112 billion for British landlords over the course of the last year due to the growth of the private rental sector, it isn't difficult to see why.
Being a landlord brings with it considerable responsibility though, so it is important to know your market and be fully aware of what is going to keep your tenants happy and ultimately ensure they continue renting your property.
With this in mind, the infographic below from CIA Insurance details the results of a survey of tenants from across the UK. Questioned on their thoughts about renting, their personal experience with both property and landlord and where they believe the risks of renting to lie, the results give a clear view of tenant's experiences, both good and bad.
It also acts as a great guide for a prospective landlord so you can be fully aware of the areas needed to focus on, what makes a tenant happy and how important it is to be approachable, easily accessible and complete any required work in as orderly a fashion as possible.