How to make a successful Tenancy application
What we have found when listing properties, is that we are having a very high volume of applicants, and unfortunately not everyone can be successful.
In a competitive market, what can tenants do to make sure they are ahead of the game and their applications gets picked?
Be at an in person viewing:
Try and be flexible with viewing times. With work and life commitments this can be difficult, but most agents will want to meet tenancy applicants in person, and in addition, in-person viewings give potential tenants a much better impression of the property than virtual ones.
Deposit:
Most agents require a deposit upfront, typically around the same price as the monthly rent. It is good to be prepared, and keep this amount in savings - available to put down when the right property comes up.
If this is something you might need help with, consider services like Dundee Homefinder Service: https://www.dundeecity.gov.uk/service-area/neighbourhood-services/housing-and-construction/dundee-homefinder-service. They can support with building up a deposit via a bond, and are also great at helping you build up your references to make you stand out from the crowd.
Prepare your references in advance:
Get ahead of other applicants by having your referencing available at the time of viewing -or better - in advance of viewing. Although different agencies sometimes ask for different things, typically they require proof of income, ID, and a previous landlord reference.This gives the agent and the landlord an overview of why they should choose you as tenant before anyone else.
So, get together what you can, or consider signing up for something like https://www.myrentalcv.com. If you don’t have something the letting agent requires, it is preferable to make sure you highlight a possible reason, and a solution. For example, if you have pets, offer to pay a slightly higher deposit and be prepared to sign a pet policy if the agent has one.
Build a relationship with an agent you want to work with:
With high volumes of applicants, unfortunately, even if you have done everything above you might miss out. Landlords may have to choose between several suitable applicants, and the margins are very fine.
If you miss out, ask your agent to keep your application on file, and let them know what your preferences are.
When agents feel like they know you and know which area you favour, your budget, and how long you need something for; they may be able to give you an early opportunity to apply for a property that fits your criteria.
Speak to us agents, we are here to help!
