Posted by Rajesh
Landlords who invest in buy-to-let properties have a wide variety of factors that they need to consider, and the happiness of their tenants is one of the most significant as they look to build long-term, profitable tenancy agreements.
And as the National Landlords' Association has recently revealed that 79 per cent of tenants in Britain are satisfied with their landlord, it seems that the majority of investors are performing well enough to keep those who occupy their properties content with their accommodation and rent prices.
Indeed, with 63 per cent of tenants revealing that the amount they are being charged this year has remained the same as it was last, it appears that landlords are taking an approach that is enabling them to build a good relationship with those who rent their properties.
David Salusbury, chairman of the National Landlords' Association, said: "There are many landlords who take great professional strides to ensure they are doing the best by their tenants - it's good to see their efforts come to fruition.
"Tenants have high expectations of their rental experience and so I'm delighted to report that the majority are satisfied with their landlords."
Whether it's responding quickly to any broken stair rails, cracked windows or faulty washing machines, landlords who maintain their properties to the expectations of their tenants tend to get a good response, while those who take their time and try to brush problems under the carpet are more likely to experience difficulties in the long run.
So if tenants say that the curtain rail's hanging off or that the fridge needs replacing, landlords who respond in a positive manner are likely to hold onto their tenants for longer periods of time and reduce the risk of potentially costly void periods as their renters are less inclined to look elsewhere for accommodation