Finding a great landlord is not an easy task as you need to consider plenty of things while looking for a new landlord. You might have noticed that it’s relatively easy to find a lot of good apartments, but landing a top landlord can seem just out of reach. The experts at Bricks+Agent have put together their top 5 tips for a landlord search that’ll help you discover honest and nice landlords that you can depend on.
Look for flexibility
It's always best to find a great landlord that can work around real-life obstacles and offers you maximum flexibility. However, flexibility doesn’t mean that you can pay your rent late. Having a flexible landlord can help you in the event of an emergency like hospitalisation.
Choose the best landlord insurance
Find a landlord that gives you the freedom to choose a good landlord insurance policy that can give you added security of having safe rental income. There are insurance policies like Liberty Mutual Insurance and MetLife that are best for inflation protection and condo owners respectively. You can look for the best landlord insurance policies online as per your preferences.
Look for transparency
Though your landlord should be honest, if they are also transparent that is even more desirable. Complete transparency is going to help you in being upfront about the details of a rental property, maintenance and repairs. Get clear on the per unit charges of the utility bills as some landlords may charge you higher than others. Many landlords advertise low rate of utility units to attract tenants only to increase the price after a tenant starts living in their property.
Look for promptness
Every landlord needs promptness on your part, particularly when concerned with payment, repairs and maintenance or lease renewals. Find a landlord that commits to an expected time frame for addressing concerns such as flooding, noise, safety, etc. What is their plan of action when deciding on your new rented apartment or home?
Find a helpful landlord
Not all landlords are helpful, but some of them are generous and ready to help you in times of need. Look for a landlord that is customer focused, and prepared to help tenants. You will need their cooperation while drawing up a rental agreement, looking for local services, repairs and maintenance and many other things. You may need their help in situations like applying for a new LPG connection or opening a new bank account.
Finding a great landlord is difficult, however, by using this helpful guide you can find the perfect landlord for you and your family. It is essential to conduct an inspection of the property of the landlord with whom you are going to finalise the deal.
For more tenancy advice, sign up to our newsletter below!