Landlords should allow tenants to personalise property, suggests new research
Landlords should allow tenants to make changes to their properties as it could provide them with benefits in the long-term, according to a new report. The Association of Independent Inventory Clerks (AIIC) has suggested that landlords should allow tenants to personalise properties.
This suggestion is based on a study performed by Plentific, which revealed that around 73 per cent of tenants have undertaken DIY projects at their own expense. In fact, 23 per cent of more than 2,000 respondents admitted to having spent more than £500 on improvements to the property they rent.
It seems that more tenants are willing to shell out their own money to create a more personal environment even if they do not own the property. If tenants are happy to pay for their own decorating projects, it suggests that they are looking for a long-term let, which is good news for landlords as it reduces the chances of properties being empty and the cost of having to find new tenants.
Patricia Barber, chair of AIIC, said: "It’s clear that tenants are increasingly willing to spend their own money on improving their rental property and this is certainly something landlords should think about.
"Landlords who cautiously allow tenants to put their own stamp on a property could benefit from a lower turnover of tenants and an improved and well-maintained property at the end of the contract."
However, the AIIC also said that landlords should ensure a good level of communication with tenants wishing to personalise a property. Tenants should be honest about what they want to do and landlords should assess whether these plans fit with the property and will be suitable for those renting it in the future.
Landlords should also ensure there is a thorough inventory taken of the condition and contents of the property before any DIY work takes place in order to check that everything matches up at the end of a tenancy, even if the look of the property has changed.