If you are a landlord, it is vital you know what tenants are looking for. Knowledge of what is in demand in your local area helps you present your rental property in the most appropriate manner.

At Andrew Lees, we are pleased to say we know the Bridgwater rental market well.

We have helped many landlords connect with tenants, and we understand the needs of local tenants. We also stay in touch with latest trends and national figures.

Therefore, if you are looking for guidance on how to reach tenants, we are here to assist you, so please get in touch.

Longer leases could be of benefit to landlords and tenants

There is no denying the past year has caused many people to re-evaluate what is important to them, and what they need to do to maximise their happiness in life.

We believe many tenants have looked at their living arrangements, and decided that it is time for a change. Many landlords and tenants across the country have witnessed an increase in demand for longer rental leases.

In an uncertain time, it is easy to see why some people will look to introduce as much certainty to their life as they can.

Paul Oxfley, managing director of Decorus for Sage said; “With the economic uncertainty the pandemic has created, there is growing demand for longer leases, with the average lease length sitting at 22 months. Landlords need to be flexible, allowing tenants to extend their leases or take out take out longer ones.”

Energy costs is a big factor to consider

We all know energy issues matter, and landlords should look to make their home as energy-efficient as possible. You have MEES and EPC standards to meet, but also, the more energy-efficient the rental property is, the more appealing it is to tenants.

Energy bills will rise with people working from home, so landlords who can improve the insulation of their rental property will welcome higher demand. Energy efficiency is always important for landlords, but with remote working, it becomes even more crucial.

Broadband packages matter

Remote working requires speed and reliability.

Landlords who can offer the best broadband packages or bundles will find there is high demand for their rental property. They will also find that tenants will be happy to stay for longer.

Outdoor space remains in demand

Landlords who offer external space, or who can help tenants maximise the outdoor space at their rental property will be seen as good landlords offering suitable rental accommodation.

Communication is vital right now

Oxley spoke about the importance of communicating with tenants, saying; “It’s not easy for landlords to simultaneously manage their properties, keep their tenants happy and safe, stay on top of their finances and ensure their legal and safety compliance alongside. Risks of income loss, property deterioration, missed deadlines, non-compliance and ultimately dissatisfied tenants seriously focuses efforts.”

As an experienced letting agent serving the Bridgwater community, and many of the surrounding areas, we are here to help. We promise to stay in touch with the latest technology, helping our clients to achieve more, and we aim to support the local community as best we can. If there is anything, we can assist you with; please contact Andrew Lees Lettings today.