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Searching for good tenants for your buy-to-let property?

Once you have found a property you would like to invest in and have sourced the best buy-to-let mortgage available for you, it's time to think about how to find yourself good tenants to fill your house or flat.

Not only do you need to consider marketing the property and locating suitable people to live there, you're sure to want to get yourself tenants who will pay the rent on time, keep the property in good condition and not cause you any hassle during their contract.

This can be time-consuming, which is why Landlord Centre endeavours to help you as much as possible with securing a buy-to-let mortgage and assist you with your other financial responsibilities as an investor. Without these monetary considerations to worry about, you can concentrate on picking suitable tenants.

What to look for when picking tenants

A lot of the time, you are unlikely to incur any problems with your tenants, and it can be as easy as advertising the property and accepting the first applicant that takes an interest in it.

However, it is worth paying attention to their application, because, while it doesn't happen often, when landlords take on disruptive or unreliable tenants, it can cause them a lot of difficulties.

One of the best ways to ensure that your prospective tenant will be able to pay the rent on time and hasn't got a history of noisy or unsociable behaviour is, by ordering tenant assessments for those who are keen to move into your buy-to-let property.

Tenant assessments provide rental property investors with completed questionnaires about their prospective tenants which will give the landlord more information about them, before signing a tenancy agreement.

There are a variety of tenant assessments to choose from depending on the extent to which you want your future tenant to be checked.

A standard check may look into whether they have any bankruptcies or court judgements, while a more comprehensive assessment may include information about their salary, job stability and a reference from their current landlord, as well as a calculation to ascertain whether they can afford the rent.

Once you have secured your buy-to-let mortgage and have found tenants that you think are reliable, you could ask them to provide you with a deposit. This will ensure that you have some money put aside should they fail to pay their bills, damage the property or vacate it with outstanding rent payments.

If you do take a deposit, in England and Wales, you are required to protect it with a government-authorised tenancy deposit protection scheme.

Let Landlord Centre help with your buy-to-let investment

Letting out property to people you are unfamiliar with is not as straightforward as it seems and you need to be sure that your future tenant can pass credit checks, as well as have a clean criminal history.

However, the most important component to your investment is getting the best buy-to-let mortgage available, so you are able to afford the finance on the property before you receive rental income from it.

Our experienced team at Landlord Centre can help answer all your questions, allaying any concerns you may have. You can also read our FAQ , where you will find answers to common queries asked by landlords.

You can feel confident in our experience and expertise when it comes to finding the best buy-to-let mortgages for you.

So, why not contact us