Fast moving rental market in Poole Dorset say Poole town centre Letting Agency Tailor Made Lettings

Try finding a property to rent in Poole Dorset The task is not an easy one as anything that is left on the market for more than 7 days tends to be very over priced or simply not of a standard acceptable to the price range its in. A quick glimpse at our website is a good indication of the residential letting market today. Our Tailor Made Letting agents website only has two properties available and we anticipate both will be rented to fully vetted tenants by the end of this week. The average time to rent out a house or apartment in Poole or Bournemouth for this market is now 7 days.

These figures are based on our Poole & Bournemouth operating area over the last 6 weeks during which time we have placed tenants in 14 properties from Westcliff to Sandbanks and as far West as Lytchett. Of course in this market where demand far exceeds supply finding a tenant is easy but Landlords should still be wary as in a market where there are few properties it normally means there are a lot of dubious people seeking to rent and rigorous vetting is still the best way to eliminate risk. Historic checks and credit checking is a must no matter who the person is check them out properly and ask your agent to provide details of the checks. The other check that a property owner should look into is the actual rental value. Many agents who do not specialize in renting homes do not keep their eye on the ball and we seen last month similar property rented out next door to each other with a discrepancy of One hundred & fifty pounds a month simply because it was easier for the estate agent to offer it at the same rent it had been let for for the past 18 months. Essentially the property came vacant and because of the agent it cost the landlord owner 1800 pounds for the 12 month rental. Are you getting the correct rental This is why at Tailor Made Lettings when a property comes up for renewal we use a market rental analysis system to create a written report for that particular street and the immediate surrounding location. The analysis creates a report dating back 12 months. Essentially you feed in property details bedrooms street detached etc and stats are produced and sent to the property owner for a decision on how much rent should be asked. The system works well where a tenant is due for renewal and when faced with a report detailing surrounding similar homes and the rentals for those homes the tenant is more inclined to accept an increase or at least negotiate, whereas without such proof a request to increase rent may result in being given notice by a tenant you do not want to lose.

Tailor Made Lettings are happy to provide owners with rental analysis report for your property. To obtain your report simply email us the address of the property, brief description, number bedrooms & postcode to jamie@tailormadelettings.co.uk or phone Poole 01202 673454 to go to our website click on our name Tailor Made Letting Agents

Tenant causing damage ? what do you do ? So as a lanlord you have met the new tenants and they seem perfect both working with good jobs well dressed well spoken and good references. What more could you want?

Well they have been there 4 months and the agent has made the first inspection. The agent reports that the property is very messy but not damaged the tenants are simply untidy and perhaps careless and result could be a problem.

An inexperienced agent may write a stern letter and come down hard on the tenant. This should never be the first approach as it will alienate the relationship. The tenant agent relations should be maintained at early stages at all cost even if Landlord has fallen out. I have learnt through experience to tread carefully initially. Where things are not going well on initial inspections I have always returned to the office and written to the tenant saying "we are sorry you were not able to have the property ready for our inspection it maybe we did not give you enough time to get the house presentable as we are keen to present a good report to the owner, perhaps we could return in a weeks time please confirm your co-operation.

Now we have a situation where subtly the hint has been made without talking down at the tenants.Thereafter if they simply ignore a sterner approach can be adopted. So the agent has returned to the property and this time it is neat and tidy clothes are in laundry or wardrobes plates removed from floors and coffee tables and the agent report states that due to carelessness the newish cream carpets will not survive the term of their occupation as already stains from footprints and spillages have caused damage that may not clean.

Most agents at this point would warn the tenants that they are causing damages and they will expect them to remedy the damage by the expiry of the tenancy.

Many discussions over my 30 years with other agents in asking what course of action they would take they all respond similarly. Along the lines that they log it, then demjand tenant action and warn owner, then do nothing until, the expiry of the tenancy.

This is not the correct way to address the issue, it needs to be tackled with direct action immediately. Again from experience the last thing a tenant proven to be careless is interested in at the end of their term is the property they are leavingt. Their focus will be on the new property and will not give 100% commitment to the property they are vacating mentally or financially

So we are mid term and the carpets look like they will definately need replacing. Its at this point AN agent should insist the tenant tackles the issue today not tomorrow. The agent should tell the tenant how old the carpet is and obtain a price for professional cleaning and pass it to the tenant. Warn the tenant that if it doesnt clean they maybe responsible to replace. Ignore promises that they will sort it all when they vacate. The pressure must be placed on them whilst they are in the property. If the cleaning has worked they may be more cautious and tidy in future, if it has not worked and the damage is obvious then an agent should stick 2 or 3 replacement carpet quotes under the tenants nose saying that the owner intends to replace and they must pay. Its easier to pursue them legally whilst they are in your property.

It is the owners responsibility to make the decisions to enforce action keep in mind an agent is only a go-between. In making decisions fare wear & tear needs to be a consideration and the law courts will hold very little value of a carpet that is over 6 years old. A good agent will have the condition of the carpet reflected in the inventory but age will play a major factor in any dispute.

This example deals with carpets but can be applied to any other damage seen in the property.

Many owners read a report and think the agent will tackle it further, the agent is their to advise and administer your instruction if it falls within the law and the agents remit. However if anything is mentioned in the report then an owner should be pro-active in tackling the issue sooner rather than later

Poole rental agent

The rental agent in Poole Town centre committed to the rental market

Tailor Made Lettings is proud that it has remained committed to the rental market and next month will be our 18th year for the Poole town centre office on the Barclays international Round-about at High Street North.

Whilst many of our competitors start off as selling agents who incorporate rentals as a sideline the Tailor Made office located at the end of Longfleet Road Poole has never sold property.

Jamie Rolls managing partner states “our business at Poole town centre is about risk minimization and for this reason each member of staff needs to be trained to specialise in rentals & management” The firm points out that their systems and techniques in minimizing risk has developed over many years resulting in virtually a trouble free management programme. Francis Payne senior partner confirms “ If you permit a troublesome problematic tenant into a property you will end up spending most of your time dealing with problems and too many agents who are inexperienced or simply greedy for commission permit the wrong people to occupy creating a headache for everyone involved. With experience, the correct vetting and the right approach problems are avoidable” Whilst the Tailor Made brand name has become synonymous with high end luxury homes the firm is quick to point out that the Poole office applies the same standards of care and risk minimization to all property be it a 1 bedroom town centre apartment or a 6 bedroom waterside mansion the systems are the same for all and are tried and tested. In 18 years Tailor Made Lettings are probably now one of the largest local letting agents and if you are thinking of renting a property the likelihood is that they will have a number of comparables in your area of Poole to support achieving the maximum rent possible without the property remaining empty for too long.