Phil Spencer Reveals His Top Tip For Snapping Up The Best Rental Properties

Posted on: 24 September 2019

Phil Spencer reveals his top tip for snapping up the best rental properties

A tenant passport isn’t quite a little red book that allows you to jet off to a far-flung destination. However, it could help secure your ticket to the home of your dreams.

If you’re a renter, Phil Spencer’s new podcast series of MoveIQ should be mandatory listening. The property guru kicked off the first episode with his top tip on how to make sure a landlord picks you to be the next tenant.

Due to a combination of new legislation that has reduced the number of investors buy to let, and an increasing number of renters, renting has become a competitive business.

Tenant Passport

‘There are more tenants chasing fewer properties,’ explains Phil Spencer. ‘Up go the prices and up to the competitiveness in the market.’

So with more potential tenants chasing one property how do you make sure you stand out from the rest?

‘All landlords want a good tenant,’ says the Love it or List it, presenter. ‘There is quite a lot of chat out there about tenant passports and that is certainly a way that you can proactively demonstrate to a landlord that he or she should rent the property to you.’

Phil Spencer goes onto explain that a tenant passport will typically include a landlord reference from wherever you’ve lived before and an employment reference. There will also be some history of the rent and council tax you’ve paid in the past, along with ID and a visa if you need one to live in the country.

‘Having a tenant passport does give you a competitive advantage,’ adds the presenter.

Tenant passports are typically a digital rental profile that includes all the rental history that you can share immediately with a new landlord. There are plenty of options for creating one, some might charge you, however, Rental Step and Mudhut both offer free rental versions.

If you’re looking to move, do you have your tenant passport in order?

 

Original Source: https://www.idealhome.co.uk/news/tenant-passport-phil-spencer-234945

Share:


Recent Articles

20 February 2021

Half Of Darlington Homeowners Move Again Within 6 Years And 47 Weeks – Why?

In Britain, there are 27,071,500 households, of which 17,044,450 are owned, and are worth a total of £3,925,865,212,950 (£3.92 trillion). Over the last 5 years, an average of 86,096 properties sell each month, meaning just over a million UK households move home per year. Therefore,...

10 February 2021

The Busiest December For The Darlington Housing Market Since 2006

Over the last six months, the Darlington Property Market has been flourishing. As soon as an estate agent’s ‘For Sale’ flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking price to their own home ( go on ... admit you do...

2 February 2021

9% Drop In Darlington Homes

With most  Darlington   famil ies  home schooling their children in lockdown and the forthcoming   Stamp D uty  H oliday deadline  on the 31 st  March 2021, less  Darlington  properties have been coming onto  the ...

instant online valuation

Book your 15 minute free advice call

Find out how much your property is worth