Whilst many owners are terrified of having a fluffy running amok in their valuable investment property (often due to previous bad experience), this needn’t necessarily be so for future tenancies. With a little care in application reference checking and ongoing governance from the inspection process, landlords and agents can open up a wonderful category when searching for quality tenants.
Pets: The Benefits
- Tenants may be found quickly due to scarcity of available suitable property listings.
- Eliminate large percentage of competing properties.
- Broader range of prospects to choose from.
- Usually transfer into longer tenancies as owners less likely to move.
- Responsible pet owners are generally well considered people more likely to look after the property.
- The reverse of this is also true!
- More likely to pay your asking price!
- Tenants are less likely to sneak a pet in behind you or your agents back.
How do I Safeguard Myself if I Agree to Pets?
- You will need your agent or yourself to be thorough in reference checking.
- Request a photo of the pet or pets concerned.
- Remind tenant that additional pets need approval.
- Include a valid “Pet Clause” in your Lease.
- Ensure a “Fumigation Clause” is included in your Lease.
- Include Pets in your Landlord Insurance Policy.
