All sorts of people rent their property for various different reasons
The rental sector is expanding due to financial pressure, high house prices and strict lending criteria. More people are renting now than ever before so demand for rental properties is high
Some people rent until they can save for a deposit before purchasing a property
Lending criteria is challenging and the market is volatile so people are renting until the current unrest in the market settles
People who have sold their current home and their next purchase falls through often rent until they find a suitable alternative purchase
Marital breakdown is a sad fact of life and many estranged partners rent
Some older individuals who own their home outright sell to release the equity, invest and rent
People who relocate to Peterborough for work reasons often rent before buying to test the area
Some people require a second home as they own a property elsewhere and need to rent a second property close to their place of work
People sometimes rent a property whilst building a new home
Our existing Tenants often wait for a suitable property and continue renting with Brookdale as they enjoy the service level we provide
Whatever the reason, our strict tenant profiling and vetting is the same for all tenants. As demand increases we can be choosier and often have a choice of applicants for good quality properties that we are marketing.
Marital breakdown and loss of employment are the main reasons tenants fall into arrears with rental payments and this can affect Landlords ability to pay their mortgage. Click here for details about our rental guarantee scheme (non-insurance based).
Please don’t assume tenants are second class citizens. This myth stems from things like “Tenants From Hell” TV programmes
Our tenants require good quality properties
The average length of a tenancy is 1.7 years (according to our database)
As we are the largest letting agent - we have the most tenants and many like to stay with Brookdale. This means that new landlords have a better chance of a proven tenant
“Quality property management can only begin with a quality tenant”