The clear majority of landlords and their tenants enjoy a good relationship, according to a recent survey from Direct Line for Business.
69% of landlords surveyed revealed that they had a positive relationship with their tenants, while some even described being friends with their tenants. This compares to just 2% of landlords who said they had a poor relationship with their tenants.
The majority of landlords surveyed also had a positive outlook on the future of their rental property. An incredible 76% of landlords are confident they could rent out their property within six months if their existing tenant/s chose to move out.
Business Manager at Direct Line for Business, Christina Dimitrov, said: “The idea that landlords and tenants can’t get on is a fallacy, as many of these relationships are very positive and are often long lasting.”
She continued: “Having a good relationship with your tenants is beneficial as they will be more likely to flag problems with the property quickly, enabling the landlord to arrange for a swift repair and therefore minimising inconvenience and expense for both parties.”
A good relationship between landlord and tenant lowers the changes of the tenant moving to a new property, thereby reducing the risk of void periods for the landlord.
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Are you looking for property in the SE1 area? If you’re looking to sell or buy property in Lambeth, London Bridge, Bermondsey, Southwark or Borough, contact local SE1 estate agents Williams Lynch.