Good tenants 'worth more'

Tenants that can be relied on by landlords are worth keeping - even if the rent they are willing to pay is slightly less than other people.

That is the view of Marc Lockley, who suggested that receiving payments on time and in full is more valuable to landlords than charging more rent but being fraught with problems.

The property expert at the Observer also said that property investors should look for "a relationship of trust" to be built with tenants.

He commented: "Rent is often up for negotiation as landlords seek reliable, responsible tenants who will pay on time.

"The landlord wants to be sure you are the right person to live in his or her property - a "nightmare tenant" can be a costly mistake," Mr Lockley advised.

He went on to recommend sealing deals with people who come across as sensible, responsible and tidy.

Connells Survey & Valuation recently revealed that more homes are being bought and sold by property investors as an upward trend begins in the marketplace.

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