How to beat the rental crowd and secure your dream home ARLA guides prospective tenants through the process of renting | Homefinders

How to beat the rental crowd and secure your dream home ARLA guides prospective tenants through the process of renting

How to beat the rental crowd and secure your dream home  ARLA guides prospective tenants through the process of renting

Renting a property can be a daunting process, especially as demand for rental property continues to 
outstrip supply*. Market conditions in many areas mean prospective tenants need to be prepared 
and ready to make an offer as soon as they are happy, or face losing their dream property. 
 
Susan Fitz-Gibbon, President of the Association of Residential Letting Agents said: "Many agents are 
currently low on stock and tenants could risk losing out if they are inefficient in their bid. 
Competition is fierce, so it is important that you are in the best position possible to successfully 
secure a tenancy; this means having a deposit ready, preparing your references, and being able to 
move quickly. 
 
"It is vital that prospective tenants are prepared and comfortable with their decision as soon as 
possible. Having all your ducks in a row is crucial to speed up the process and improve your 
attractiveness, as it will ultimately show the landlord and agent that you are a serious bidder." 
 
The Association of Residential Letting Agents (ARLA) has prepared the following advice for 
prospective tenants looking to secure a tenancy on their dream property. 
 
What do you want? 
 
Draw up a list of property features that are 'must haves' and 'desirables'. If a property fails to tick the 
majority of the 'must haves' on your list don't waste time viewing it and move on to properties that 
have the features that you deem important. Properties rent quickly, so filtering out the ones you are 
not interested in or are unlikely to put an offer in for will increase your chances of viewing your 
dream property sooner. 
 
Be flexible 
 

Consider being flexible around when you book to view rental property. Most people will view 
property in the evenings after work or during the weekend. Try taking time off work to look at 
property during the day, this will increase your chances of seeing something before anyone else. 
 
It is also a good idea to view multiple properties during the same appointment; viewing three or four 
properties will help you understand the value of the property and give you a better idea of the rental 
market. Remember, you may have to refine your expectations about what your budget will get you 
once you have a better sense of the market in any one area. 
 
Prepare your referees 
 
You will be asked for a reference when renting a property; having this information ready - so the 
letting agent can conduct the relevant checks - could enhance your chances of securing a rental 
property ahead of those who are not as prepared. 
 

Source - ARLA http://www.arla.co.uk/media/503309/how-to-beat-the-rental-crowd-and-secu... 14th February 2014

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