20% Of Tenants Consider Bunking On Rent
Only a quick post this week guys. I just wanted to make you aware of a news story I spotted earlier this week which revealed that 20% of tenants consider bunking on their rent, especially their final payment…
Supposedly keeping up with rental payments is their main reason for even considering this. However what disturbed me most about this story was their general attitude towards landlords.
During FinderMonkey.co.uk’s survey they found out that 30% of tenants believed they could avoid experiencing any repercussions from damaging a property let or not paying their final rent as they felt that their landlords didn’t have enough information on them.
Now I don’t know about you, but this story has proven just how important it is to know as much as possible about your tenants before you let them lease your property.
The fact that 1 in 5 tenants considering doing a running, whilst 30% believe they can essentially get away with it is scary.
I for one will definitely be more vigilant with my tenant applications in the future to make sure that my tenants can not only afford to stay in my property let, but that I have plenty of info on them should they try to bunk.
Protecting your property is key, so if you have got access to quality landlord resources: tenant guarantor forms, tenant applications etc, take advantage of them.
Wendy xx
