Page 51 - ESPC Magazine - July 2021

LETTING ADVICE

HOW TO FIND GOOD TENANTS

Nicky Lloyd, Head of ESPC Lettings, provides her top five tips to help you find the perfect tenant.

Finding a good tenant for your rental will ensure it is seen by as many potential
property can sometimes be difficult. Your good tenants as possible.
tenant is being entrusted with your most
significant asset, so you need to be confident Current guidance from the Scottish
that they will look after your property as if Government advises that tenants should FREE HOME
it’s their own. It’s also important to have a view a property virtually initially and only
trustworthy tenant so you know that they progress to a physical viewing if they have a
will let you know if something goes wrong keen interest in renting it, due to the ongoing
with your property and pay their rent on time Coronavirus pandemic. You should therefore VALUATION
every month. try to offer virtual viewings for your rental
property if possible.
One of the main issues tenants face is the
lack of good quality rental homes available. Checking any prospective tenants’ references
Tenants are now tending to rent for longer provides invaluable information when
in Edinburgh than they ever have previously selecting a tenant. You should ensure the
and are being more selective when choosing following checks are carried out; How much is your home worth?
a rental property.
• Credit rating
Well maintained properties that have • Adverse credit check
recently been refurbished, redecorated • Affordability check Get more with an ESPC agent
or have upgraded bathrooms or kitchens • Current landlord reference
will attract more interest from prospective • Employment reference
tenants, giving you a larger pool of applicants Trusted local experts
to choose from. Providing good quality,
matching furniture in furnished properties ESPC Lettings is an Edinburgh letting agent.
also helps. We can help with marketing your rental
property and finding the right tenants.
Contact the team on 0131 253 2847 or
In addition to providing a quality property, landlord@espc.com
it’s important to set your rent at a fair market
price in order to maximise the interest
and number of applications you receive.
It’s worthwhile remembering that the best ££
tenants, who are going to look after your
property, are not necessarily the ones who
are willing to pay the highest rent.

To find the best tenant, it’s beneficial to
have as many good applicants as possible
to choose from. Most tenants will start
by searching for rental properties online,
therefore, it’s essential you advertise your
property on these property websites which

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