An Introduction to Lets Safe
Renting a property, whether you are the tenant or the letting agent can be a very strenuous time, especially the preparation leading up to the moment the keys are handed over. However, as the landlord, you can come across a bump or two throughout the duration of the tenancy.
Here at Lets Safe, we are dedicated to making this process as smooth and stress-free as possible. We focus our strengths on working with the letting agents and property owners, as essentially their risk is far greater than the lessee.
Our in-depth and comprehensive tenant referencing system has been structured to alleviate any vulnerability to risks such as properties that have suffered from more than just 'wear and tear', disputes on deposits and complaints from neighbours. Although these are some of the more tangible issues, the tenant referencing process will also highlight any poor records with utility companies, and more importantly, missed, late, or even fraudulent payments on their credit history.
A poor tenancy record will be recognized by the system, bringing you peace of mind and avoiding unpredictable and dishonest tenants.
Lets Safe will aim to take the administrative burden away from you in order to create a seamless start-to-finish process. We have honed our professional experience to make the referencing smart and accurate all under a strict time frame and our range of products will meet your every need giving you the confidence to find the tenants you so deserve.
We provide a user-friendly dashboard so you can track the progress on each individual candidate, with an interface accessible to view from desktops and mobile devices. This gives you the freedom to keep up to date even when you are on the move. Also, just to keep the tenants satisfied, they can also log on to our system and view the progress on their applications rather than endlessly disturbing yourself.
In order to be a successful landlord, you need to perform a number of jobs. Interestingly, you may also have to play the role of a private investigator, as that's the only way to determine which individual out of your pool of applicants is going to be a successful tenant. You need to be good at picking responsible tenants to keep your rental business afloat, but it's also a fact that you cannot do the hard work required to track down tenant references. This is exactly when it makes a lot of sense to get in touch with a letting agent or a tenant referencing company.
What is Tenant Referencing?
Tenant referencing is a process of getting relevant information that helps you make a sound decision on a prospective tenant's suitability. With an increase in the number of people who are looking to rent, people are now applying for properties that are usually at the top of their budget; therefore, referencing tenants is the only way to have the peace of mind that those people can afford your property.
The Cost of Getting Rid of a Problem Tenant
Considering the current buy-to-let boom, many landlords are now interested in taking advantage of this investment opportunity. However, it's found in a research study that thousands of landlords are facing a loss of at least £1,500 as unexpected costs.