How to find a tenant
Key Takeaways
- Define your ideal tenant: Understanding the type of tenant you want helps tailor your marketing and screening processes.
- Effective advertising: Utilise multiple platforms and high-quality visuals to reach a broader audience.
- Comprehensive screening: Conduct thorough background checks, including credit and rental history.
- Clear communication: Set expectations early regarding rent, maintenance, and house rules.
- Professional management: Consider hiring a letting agent to handle marketing, viewings, and tenant vetting.
Finding the right tenants is one of the most important tasks for any landlord. A responsible, respectful tenant helps to ensure that your property is well looked after and that rent is paid on time, while a poor choice can lead to stress, unpaid bills, and costly property damage. With a clear strategy, however, the process of attracting reliable tenants becomes far easier. By understanding your target market, presenting your property effectively, and screening applicants properly, you can avoid common pitfalls and secure a tenant who treats your property like their own. In this article, we’ll walk through practical, proven techniques to help landlords attract and retain great tenants.
What do landlords look for in a tenant?
What makes a good tenant and what should you look for in a tenant? As a landlord, these are important questions to ask yourself. A potential tenant should display all or most of the following traits and factors:
- Good creditworthiness
- Good references
- A stable income
- Reliable tenancy
- Trustworthiness
- Respectfulness and responsibility
How to find good tenants
Every landlord dreams of having good, reliable tenants who will stay in their property for the long term. So just how do you find a good tenant? Nicky Lloyd, Head of ESPC Lettings, provides her top four tips to help you find the perfect tenant.
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Define your ideal tenant
Before marketing your property, identify the type of tenant you wish to attract; be it professionals, families, or students. This clarity helps in tailoring your property's features and marketing messages to appeal to your target demographic. For example, a professional tenant might value proximity to transport links and modern finishes, while a family may look for outdoor space and nearby schools. -
Provide a good quality home
One of the main issues tenants face is the lack of good quality rental homes available. Tenants are now tending to rent for longer in Edinburgh than they ever have previously and are being more selective when choosing a rental property. Well maintained properties will attract more interest from prospective tenants, giving you a larger pool of applicants to choose from. Providing good quality, matching furniture in furnished properties also helps. -
Charge fair rent
In addition to providing a quality property, it's important to set your rent at a fair market price to maximise the interest and number of applications you receive. It’s worthwhile remembering that the best tenants, who are going to look after your property, are not necessarily the ones who are willing to pay the highest rent. -
Market your rental property effectively
High-quality photos and detailed descriptions are essential to draw attention in a competitive rental market. List your property on reputable platforms like ESPC to maximise exposure. Ensure that the listing includes clear rental terms, available move-in dates, and highlights any standout features such as private parking, garden access, or recent renovations. -
Conduct thorough tenant screening
A strong screening process is key to finding trustworthy tenants. Request references from previous landlords and employers, and run credit checks to ensure financial reliability. Look for red flags such as late rent payments or unresolved disputes. Verifying employment and income can give you peace of mind that rent will be paid on time. -
Set clear expectations
Open and transparent communication from the outset sets the tone for the tenancy. Clearly outline expectations around rent due dates, maintenance responsibilities, and property rules—such as pet ownership or smoking policies. Providing this information upfront helps avoid confusion later and shows tenants that you are organised and professional.
What do tenants look for?
On the flip side of the coin, it’s also good to think about what tenants look for in a landlord, so you can increase your chances of finding a good tenant. Here are some top tips on how to attract the right tenant to your property, from presentation to cleanliness.
- Property presentation
It is essential that you showcase your property in the best light possible. The rental market is extremely competitive and those properties that look the best generally secure tenants quicker and at a higher rent. Your property should appeal to a wide market in terms of décor and cleanliness. Potential tenants really value properties that have been looked after by the landlord and agent. - Cleanliness
It goes without saying that properties should be cleaned to a professional standard before the tenants move in, and they should be clean and tidy for all viewings. A professionally cleaned oven can make it look like new and windows should also be cleaned inside and out. If the property has been empty for a while, dust can gather so a sparkle clean may be required before tenants move in. - Décor
Neutral décor appeals to a wider market. Tenants can then add their own personality to the property with soft furnishings and pictures instead of trying to fit round someone else’s style. - Marketing is key
In this fast-paced property market tenants tend to start their search on the internet. It is important that your property is marketed to its very best. Photographs should show all rooms and offer the best representative of your property. Remove all clutter and de-personalise!
Look after your tenants
Both landlords and tenants deserve an excellent management service. Tenants want peace of mind that should anything go wrong in the property they have someone to contact that will be helpful, responsive and effective in remedying the issue promptly. Happy tenants mean happy landlords and a well looked after property.
ESPC Lettings
If you’re interested in entering the buy-to-let market or are a landlord looking for advice, a new letting agent or a full property management service, ESPC Lettings can help. As a letting agent based in Edinburgh, we can assist with all stages of renting out a home, from finding the right property to sourcing tenants to property maintenance.
Get in touch with the team today on landlord@espc.com or 0131 253 2847.