Traditionally, the working relationship that is shared by landlords and tenants is painted as being somewhat strained, with both parties wrestling for power and trying to get the most out of their agreement. However, a new study has shown that this portrayal is something of a myth, with the vast majority of landlords actually very happy with their sitting tenant at present.
According to the Direct Line for Business survey, some 69 per cent of landlords in the UK believe they have a good working relationship with their current tenant, with some 33 per cent even going as far as to say they are good friends with the tenants who live in their properties.
Surprisingly, only two per cent of those who were surveyed said they have a bad relationship with their tenants at present, while another 15 per cent added that they do not have any sort of dealings with tenants because they let letting agents handle all of their communications.
Christina Dimitrov, business manager at Direct Line for Business, said: "The idea that landlords and tenants can’t get on is a fallacy, as many of these relationships are very positive and are often long lasting. Having a good relationship with your tenants is beneficial as they will be more likely to flag problems with the property quickly, enabling the landlord to arrange for a swift repair and therefore minimising inconvenience and expense for both parties."
The Direct Line survey also looked at what landlords and tenants are looking for from their working relationships. It said that the most important factors for property owners are having a tenant who pays their rent on time and someone who respects the property and its contents.
And for tenants, the most important things they are looking for from their landlords are someone who responds quickly to any problems and issues they have, and reasonable rent prices that are not constantly being increased every year.