New statistics from the National Landlords Association (NLA) indicate that an overwhelming 79 per-cent of tenants are satisfied with their current landlord, something which Belvoir Sheffield, the leading lettings agent in Sheffield claims is partly down to landlord education.
The lettings agent, which has an office on Campo Lane believes that landlords are less reluctant to seek professional advice than they once were, which is decreasing void periods and increasing customer experience.
Rick Flay, Director at Belvoir, the leading letting agents in Sheffield, said: “By seeking professional advice landlords are creating a much more positive experience, not just for themselves but for their tenants. Their tenants will happily pay on time and the likelihood of disputes is dramatically reduced.
“We are finding that more and more landlords are moving from managing their own properties to using our professional skills, and as a result of us managing their properties, tenant retention is much better. Not only is managing their own properties a legal minefield, but most tenants have advised that things get done much quicker through a third party, rather than with the landlord directly.
The new report unveiled that 46 per-cent of tenants have lived in their current rental home for four or more years showing high satisfaction levels, and 36 per cent of tenants still reside in their first rental property.
The research also reveals that, whilst the majority (71 percent) of tenants rent because they can’t afford to buy, for some renting is the tenure of choice, nine percent of tenants prefer the flexibility that renting offers and a further nine per-cent say that they can afford to rent properties that they couldn’t afford to buy.
Rick, from Belvoir who specialise in Property to rent in Sheffield, added: “Over The last few years landlords have been more open to receiving professional help, which has meant that more and more of them are able to use residential property as a source of steady monthly income.
“I would advise any landlord unsure of their obligations to contact Belvoir Sheffield for a no obligation meeting to find out what having a professionally managed portfolio can mean for them.”
Belvoir Letting Agents Sheffield is the One Stop Specialists for Lettings including Property Management, Tenant Find, Investment and Wealth Management Advice, Fit-outs and Renovations, Furniture Packs and Investment Property Insurances and Buy To Let Mortgages.
