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All our Tenants are over 21 years of age and in full time employment
- Anyone under the age of 25 will require a contract guarantor
- All prospective tenants have to register their full details before we arrange a viewing
- We interview all applicants and applications are approved by a senior partner
- You are part of the decision making process
- For local applicants the most important part of our referencing is to visit the current home of the applicant to assess their suitability as a tenant
- We do not use external referencing agencies who do not have an opportunity to judge the character of the applicant. We prefer to use our experience in assessing tenants which has been amassed by letting over 5,500 properties since 1989
- We insist on examining bank statements. A work reference confirming salary is not conclusive if an applicant has considerable ongoing expense (such as ex-marital maintenance payments, credit agreements etc.)
- All tenants are fully credit-checked and full references are taken
Of course we wish to grow our business but that growth will not be at the expense of cutting corners in tenant selection and rushing to let a property simply to increase numbers. We take a cautious approach to letting in order to protect our reputation which is has been the real catalyst in our growth. The result for our Landlords is confidence in us taking care in selecting a tenant.
Our Tenants fall into various categories, some listed below:
- People who would buy but cannot due to the current economic climate
- People who have sold their home and the purchase of their new property collapses
- People relocating to Peterborough to work who wish to “try before they buy”
- People reaching retirement age, selling their property and living off the proceeds
- Sadly, marital breakdown causes a demand for rental properties
Being Landlords ourselves, owning over 60 properties managed internally, we share your concerns about tenant selection criteria.
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