13
Jan
Be creative, landlords advised
Landlords wanting to make their property more attractive should
come up with innovative ways of ensuring it stands out from the
rest, an expert has said.
Chris Jenkins, the manager of buy-to-let mortgage firm Clarity
Commercial, suggested investors might provide special incentives to
make properties more enticing, such as better furniture or having
cleaners in once a week.
Such moves could help ensure that landlords can find tenants for
their properties, he added, suggesting that new-build homes are the
type that will be most likely to attract special incentives to make
them stand out from the pack.
This was something he argued would lead to higher standards among
properties and landlords alike.
"Much can be discovered about any incentives you should consider
offering by listening to potential tenant feedback and then
tailoring a solution to fit," Mr Jenkins stated.
The average value of a rental property in December 2008 was
£400,400, according to the Association of Residential Lettings
Agents.
