Landlord Mistakes

Don’t make these new landlord mistakes:

  • Form a direct relationship with the tenant
  • Think of the property as your own home
  • Not keeping the property in good condition/conducting repairs effectively and efficiently
  • Not reviewing rents regularly
  • Not using an experienced property manager
  • Using a generic rental agreement
  • Failing to reference check tenants
  • Not inspecting properties
  • Not carrying out an inventory
  • Not registering/securing a security deposit
  • Delaying legal actions/evictions
  • Allowing rent arrears to escalate
  • Not having adequate property insurance
  • Failing to use a regulated Letting Agent
  • Providing new tenants with long term contracts
  • Not reading the Letting Agent contract properly
  • Harassing tenants
  • Disregarding the requirements of a guarantor
  • Not meeting current regulations i.e, EPC, Gas Safety
 

Maltbys Ltd, 17 Stone Street, Gravesend DA11 ONH        01474 569000         info@maltbysltd.com