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                      |   Article 
                          > Avoid the Voids  | 
                     
                     
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                          UK 
                            landlords lose nearly £4billion every year because 
                            their rental property is standing empty. And it’s 
                            not just loss of rent that hits their pockets: mortgages, 
                            service charges and utility bills still all have to 
                            be paid. If you want to make a success of buy-to-let, 
                            keeping your property’s occupation close to 
                            100% is crucial, and there are many ways that landlords 
                            can keep their accommodation earning.  
                         
                        Here 
                          are Upad’s top ten tips on marketing your property 
                          like a professional and minimising void periods. 
                          
                        1. 
                          Advertise immediately your tenant gives notice.  
                         
                          Don’t 
                            wait until they’ve moved out to start looking 
                            for their replacement: that just guarantees your property 
                            will sit empty for a while.  
                         
                         
                          2. 
                          Be seen.  
                         
                          You 
                            can have the most desirable property at the lowest 
                            rent, but if no one gets to see it, it will stay empty. 
                            The days of relying on shop windows and local papers 
                            are gone: your target market is on the internet, and 
                            you should be too. 92% of tenants now start their 
                            property search on the net, so it’s crucial 
                            that they can find you. 
                         
                         
                          3. 
                          Advertise with photos. 
                         
                           
                            Our tenants tell us the living room is what they want 
                            to see most, followed by the garden if you have one. 
                            Take several decent quality photos of all the rooms 
                            in your property and you’ll generate up to three 
                            and a half times more enquiries than ads without photos. 
                            Internet advertising doesn’t normally restrict 
                            the number of pictures you show with your advert, 
                            so don’t skimp: photos are a window into your 
                            property for any prospective tenants. 
                         
                         
                          4. 
                          What’s your unique selling point? 
                         
                           
                            Do your properties come with broadband, a TV license 
                            included, a cleaner or ? Maybe they should! Giving 
                            yourself a USP and emphasising it in your adverts 
                            can help generate extra interest in your properties 
                            and get them filled more quickly. We know of one landlord 
                            who fits all his student properties with Jacuzzi baths: 
                            needless to say, they’re always the first rooms 
                            on campus to be filled. 
                         
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                                5. 
                                Keep your rent reasonable.  
                               
                                While 
                                  it might be tempting to demand the highest rent 
                                  you can get away with, lowering the rent a little 
                                  can help keep your property filled. So keep 
                                  an eye on what your competitors are charging 
                                  and price accordingly. Upad’s interactive 
                                  rental price index makes it easy to see what’s 
                                  being charged in your area right now. Rents 
                                  slightly below the average can attract new tenants 
                                  quicker, and mean they stay with you longer. 
                                  And don’t automatically increase the rent 
                                  every year. With many people still reeling from 
                                  the credit crunch and jobs in jeopardy, average 
                                  rents in many areas aren’t increasing. 
                                  Putting your prices up just encourages existing 
                                  tenants to wonder if they couldn’t get 
                                  a better deal elsewhere. 
                               
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                          6. 
                          Ask your existing tenant to help you find their replacement. 
                         
                           
                            If you’ve been a great landlord throughout their 
                            stay, they should have no problems recommending you 
                            to their friends. Word of mouth marketing is the best 
                            kind – personal is more convincing, not to mention 
                            that it’s free! 
                         
                         
                          7. 
                          Make sure your existing tenant will co-operate with 
                          viewings. 
                         
                           
                            Include in your AST contracts that tenants need to 
                            co-operate with viewings; give them 24 hours notice 
                            of when you’ll be conducting viewings. If you 
                            need to help them tidy up – or even hire a cleaning 
                            company as a one-off – then be willing to do 
                            this: it’s in your interests.  
                          If 
                            you have an empty property, consider “staging” 
                            it with hired or borrowed furniture. Empty properties 
                            always look a little sad: showing tenants a home, 
                            rather than an empty shell, is always going to be 
                            more attractive. Dress up the kitchen with a bowl 
                            of fruit, and the living room with a cushion or two, 
                            and everything will look much more homely. 
                         
                         
                          8. 
                          Remember the outside.  
                         
                          The 
                            estate agent’s favourite “kerb appeal” 
                            is crucial whether you’re dealing with lettings 
                            or sales: the first glance at the outside of a property 
                            can be all it takes to decide if you want it or not. 
                            So keep gardens and other outside areas clean; spruce 
                            up front doors, replace damaged door furniture and 
                            add a plant or two. Keep any larger plants trimmed 
                            back: it makes outside space look bigger and again, 
                            tells a tenant the property is cared for. If there’s 
                            a terrace or balcony, dress it up with plants or some 
                            inexpensive outdoor furniture, anything that will 
                            help your viewers imagine themselves sitting outside 
                            on a summer evening with a cool drink after work. 
                            If they can imagine themselves living there, that’s 
                            most of your work done. 
                         
                         
                          9. 
                          Complete repairs and decorating work. 
                         
                           
                            If something needs fixing, or redecorating, do it 
                            before you show the property. Promises that “it’ll 
                            be fixed before you move in” are worth nothing. 
                            A quick spruce-up with some fresh paint doesn’t 
                            take long, and can brighten the place up for very 
                            little outlay. Plus of course the hint of fresh paint 
                            in the air does tell anyone looking around that you’re 
                            a landlord who takes care of their property. 
                         
                         
                          10. 
                          Every lead’s a hot lead. 
                         
                           
                            When you receive an enquiry from a prospective tenant, 
                            make sure you respond as soon as humanly possible. 
                            Remember, a private landlord advertising her own property 
                            is competing with professional agents who can respond 
                            to enquiries within 30 minutes, so you’ll need 
                            to be quick. One trick we’ve found very useful 
                            is to send a text before you call a mobile, as up 
                            to 75% of people won’t answer their mobile to 
                            an unrecognised number. Saying “I’ll be 
                            calling you to arrange a viewing of my property” 
                            can make all the difference.  
                         
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                          The 
                            average tenant looks at only three or four properties 
                            before they decide to rent, so getting them to view 
                            quickly can be crucial. If you only check your emails 
                            once a week, make sure you’re giving out your 
                            mobile number with your ad, and be prepared to pick 
                            up even for unrecognised numbers , for a while at 
                            least. Don’t let interested people move onto 
                            the next property. 
                           
                        To 
                          find your next tenant CLICK 
                          HERE   | 
                     
                     
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                            My 
                              Property Power Team recommends Upad, the UK's largest 
                              online lettings agent. 
                              
                            Upad's 
                              Rental Property Marketing helps you find a tenant 
                              for your rental property quickly and easily, by 
                              distributing your ad to over 500 top UK property 
                              websites. To find your next tenant CLICK 
                              HERE  
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                            Some 
                              Key Stats 
                             
                              * 
                              Upad.co.uk generates on average 14 enquires 
                              per listing.  
                            * 
                              Upad.co.uk has built the largest rental property 
                              marketing distribution network in the UK  
                            * 
                              Upad.co.uk has the largest database of private landlord 
                              customers of any online lettings business 
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