As a landlord, receiving regular information about your existing tenants provides you with visibility about the strength of your tenancy and the associated ongoing rental income.
As part of our tenancy management and property management services, our Tenant Monitoring solution provides you with an additional risk mitigation tool. Although many letting agents offer a tenant credit checking service at the beginning of a tenancy, very few provide ongoing checks during the lifetime of the tenancy. By providing these ongoing credit checks, our expert teams can advise you throughout the tenancy based on this up to date credit information to ensure that your property continues to match both your and your tenants’ needs.
Key benefits of the Tenant Monitoring service
- Keeps you up to date on your tenants’ financial situation throughout the tenancy
- Pre-empts rental payment problems
- Puts you in a better position to decide whether a tenancy renewal is in the best interests of both you and your tenant
- Gives you the necessary information to negotiate renewed terms
To find out more about our Tenant Monitoring service, contact Chancellors on 0333 6000 060. Alternatively, if you are a landlord, book a free, no-obligation market appraisal to find out how we achieve the best rental for your property.
Correct at time of publication. The views and opinions expressed herein are those of the individual contributor and do not necessarily reflect those of the Chancellors Group of Estate Agents Ltd or its subsidiaries. References to legislation, best practice and other matters with legal implications such as fees, rules and processes are included for information and editorial purposes only and are not authoritative, nor should they be interpreted as advice. When in doubt you should only take advice from an industry professional or solicitor where appropriate. E&OE.