In the market to rent? Make sure you're a quality tenant

In the current buy-to-let market quality tenants can bet on staying only in the best buildings. Picture: 123RF/ANDRIY DAVIDOV

Michelle Dickens, MD of TPN Credit Bureau, says in the past, rent collection was singled out as the primary pain-point for landlords."Nowadays, specialist tenant screening has become a priority. It is not about placing the first applicant but rather the best applicant.

In addition, FNB’s January Property Barometer paints a muted picture of rental prices in the near term. The muted demand from tenants and a surge in the supply of new flats have been responsible for the downward trend in rentals, Mkhwanazi says in the barometer. She says landlords have listed ever-escalating property costs, including repair and maintenance costs, as a huge challenge in the TPN survey. While many leases provide for the landlord to pass the costs of these increases on to tenants, this leaves little room to increase the base rental, she says.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market data - February 14 2020Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

How to spot growth and value stocks in a sluggish SA marketCapitec and Clicks are growth superstars, but Shoprite offers an attractive buying opportunity
Source: BDliveSA - 🏆 12. / 63 Read more »

How to spot growth and value stocks in a sluggish SA marketCapitec and Clicks are growth superstars, but Shoprite offers an attractive buying opportunity
Source: BDliveSA - 🏆 12. / 63 Read more »

Mbeki condemns statement made by De Klerk about apartheid - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Former President Thabo Mbeki has joined South Africans in condemning utterances made by former deputy president F.W. de Klerk when he said he did not fully agree that apartheid was a crime against humanity. De Klerk has lost relevance in relation to modern day politics,he should just shave his head and find a hole to crawl into for good. He never condemned Honestly De Clerk saying what he said in that interview he has been reckless. U can't say such after so much pain has been caused by his people
Source: SABC News Online - 🏆 32. / 51 Read more »