How to make sure your property stays tenanted
New research shows that the average length of time a rental property is unoccupied in the UK rental property is three weeks, the longest period since the beginning of 2011.
The figures come from the Association of Residential Letting Agents (ARLA) which is suggesting landlords take action to avoid these empty ‘void’ periods. “Void periods can cause uncertainty and affect overall rental yields,” said
Ian Potter, Operations Manager at ARLA. “While they are a fact of life in the rented sector, there are simple steps that landlords can take to help reduce the chance of a property being untenanted for extended periods. These periods without occupancy can also give a landlord a useful window to carry out routine maintenance and any additional work designed to make a property more attractive for incoming tenants.”
Read the full story at the Independents Blog
RentPro property management software assists you in fostering good tenant – landlord relations by allowing you to easily keep in touch either via text message or email from the system; assists with tracking any repairs and maintenance from initial request for repairs through to tracking payments to suppliers; and even allows you to market the property on your own website, property portals and produce brochures which can be either printed off or emailed to prospective tenants. Why not try RentPro for free for 14 days to see for yourself the benefits it can bring to your agency.