1. Provide cleaning equipment
This is not technically the landlord’s responsibility, but it is still recommended as a wise move. Your tenants may bring their own, however if they don’t they will not be able to keep your property tidy. You do not need to get the most expensive top of the range vacuum, but providing something decent should encourage your tenants to take care of the property.
2. Install fire alarms and carbon monoxide detectors
This point should go without saying, but an extra reminder never hurts. You are required by law to install fire alarms and carbon monoxide detectors in your rental property. Whilst it is down to your tenants to replace the batteries, make sure your tenants know to alert you if any faults arise, as the responsibility again falls with you to replace them.
3. Refresh your paintwork
First and foremost, a simple paint job can make it far easier to find a tenant for your property. This is one of the simplest things a tenant could ask for when negotiating a tenancy, so it’s a good idea to be proactive and get it done in advance. Most importantly, if it looks like you are taking good care of the property, your tenants will be more inclined to do so themselves.
4. Take photos before & after
Okay, not so much a tip on how to furnish your property, but we feel it falls under the same umbrella. To avoid nasty disputes later down the line, keep up to date photos of the property and everything inside. Should anything end up misplaced or damaged, you’ll have reliable evidence to fall back on.
5. Install ventilation in bathrooms
If your bathroom doesn’t have a window, then you’re obliged to have appropriate ventilation; but even if you do, it still wouldn’t hurt to have an extractor fan installed so that the bathroom is ventilated. This will help avoid damp and mould and could save you considerable redecorating costs.
6. Don’t buy the cheapest furniture available
Everyone wants to keep costs down, quite rightly. But investing in slightly better-quality furniture, if you are fully furnishing your property, could both make you a little extra on rent and save you costs in the long run. You might just be able to attract slightly higher paying tenants with a better quality of furniture in the property, and of course, the longer it lasts the less often you’ll have to pay out on replacements.
7. Make sure all furniture is fire resistant
Another one that you simply must do that makes the list. If you’re planning on putting in any furniture that isn’t fire resistant - don’t. All furniture must be fire resistant and have the label stating so. If you’ve got furniture in there that no longer has the label, you’ll need to remove it or get it tested for fire resistance.
8. Take a suitable deposit
Finally, to make all your hard work worth it, take a suitable deposit from your tenants to protect everything in the property that you’ve had to pay out for so far. Most landlords will take a deposit equivalent to 4-6 weeks rent, which then must be held in a government approved deposit scheme, should any disputes around the use of the deposit arise.
TenancyPod is the perfect solution for property protection and will always keep you updated on any changes to legislation or compliance. If you would like to know more, feel free to contact us on 0333 332 7938 or click here.