We understand that being a landlord is hard work and, at times, extremely stressful. To an extent, landlords are effectively responsible for an individual’s living conditions. In-between a landlord’s personal life and needs, plus catering for their tenants, we can understand why this stress can mount when preparing to house a new occupant. Transition into this working relationship should be made as smooth as possible for both parties. Hence, we’ve produced this quick guide aimed at landlords preparing for a new occupant and how to prepare your property (and yourself) for their arrival.
Make Sure the Property is Presentable
Depending on the conditions the previous tenants left the property in, you have to make sure that the property is presentable for your new tenant as a landlord. Furnished or unfurnished, the property should be scrutinised from top to bottom, so nothing gets overlooked and everything is in working order. Doing this shows your new tenant that you have their best interests at heart and will help promote a good working relationship from the beginning.
Carry Out the Relevant Safety Checks
Before a new tenant moves in, the relevant safety checks must be carried out, such as a gas safety check, smoke alarm checks, and an Electrical Installation Condition Report (EICR). Providers such as Trade Facilities Services can visit your property to check over the electricals and ensure it’s up to code. They can discuss any issues with you in detail and provide certificates to give to the new tenant for their records. As a landlord, you must schedule these checks, as failure to do so can lead to fines or a custodial sentence, and in worst-case scenarios, it can lead to physical harm.
Leaving Contact Information and Other Important Documents
We recommend compiling a file full of valuable documents for your new tenant before they move in. In this file, we suggest including your contact details, such as a mobile number and email address, and any other documents you think will be helpful to them. For instance, if there is a security system at the property, make sure you leave them instructions on how to work the device. Failure to do so could create problems further down the line, such as the tenant having to ring you for guidance or you having to travel to the property to resolve it for them.
Review Your Current Landlord Insurance
Unlike typical home insurance, landlord insurance is much different, and it’s vital if you have some already to review it and make sure that it’s suitable before your new tenant moves in. It’s important to check this as many different types of landlord insurance exist, and each is designed to cover various risks and are not all the same. For instance, you can take out landlord building insurance which will cover the cost of repairing/rebuilding your property if it is damaged, or landlord contents insurance to cover furnishings if stolen or damaged. Alternatively, use this online guide if you’d like the different types of insurance explained in fuller detail and build up your knowledge in the subject.