Avoid costly mistakes—let our experts handle the hard work for you!
For landlords in Cambridge, navigating the rental market can be a rewarding but complex journey. From finding the right tenants to staying compliant with ever-changing regulations, there are many ways things can go wrong. Here’s a closer look at common pitfalls and how our expertise helps landlords avoid them.
1. Tenant Screening Mistakes
Choosing the wrong tenant is one of the costliest mistakes a landlord can make. Late payments, property damage, or disputes can all arise from inadequate vetting.
Our Approach: We perform detailed background checks, including right to rent, employment status, and references, to secure reliable tenants who will respect your property.
2. Ignoring Maintenance Needs
Minor repairs left unattended can escalate into major issues, leading to unhappy tenants and higher repair costs.
Our Approach: We conduct regular inspections and schedule preventative maintenance to keep your property in excellent condition.
3. Falling Behind on Legal Requirements
Landlord regulations can be complex and frequently updated. Missing key compliance steps, like safety certifications, can result in fines or legal action.
Our Approach: We keep track of all legal requirements, ensuring your property remains compliant and safe.
4. Incorrect Pricing Strategies
Setting the wrong rent can result in lost income or prolonged vacancies.
Our Approach: We use market research and analytics to determine the ideal rental price for your property, balancing competitiveness with profitability.
Hear from landlords who have benefited from our services:
- “While working with Citystay we have always found them to be professional, diligent and communicative. Our properties have always been maintained to a very high standard, giving us peace of mind as a landlord. Our working relationship is strong, and I never feel as though I can’t pick up the phone and have an honest and transparent conversation with any member of their team.” – S Dudley
- “I wish to remind you of another year of trading together. During this time you have looked after our buildings professionally and paid your invoices promptly. Our relationship has been based on transparency and honesty and for this we thank you. Please extend our thanks to your wonderful team who I know make great effort in maintaining your ethos.” – A Marino
Ready to experience stress-free property management? Contact us today to discuss how we can support your letting journey.