Lease renewals made easy!

November 4, 2017 Loretta Morgan No comments exist

The lease renewal process should be easy and streamlined. Dream Property knows how important it is for both the landlord and the leaseholder to secure a further term. This gives everyone peace of mind. We also know how critical good returns are to investors.

What is your Agent doing with your lease? Does your Agent rush around at the last-minute getting leases renewed? Are they letting your leases expire providing no security for either the landlord or the leaseholder? Do they fail to follow up?

At Dream Property Management we start our lease renewal process 3 months prior to the lease expiring.

This ensures that firstly a further term is secured for both the landlord and the leaseholder in plenty of time prior to the lease expiring.

Secondly this guarantees that the landlord has plenty of time to secure a new tenant should the tenant not be renewing for a further term.

Thirdly this allows enough time for the agent to provide ample notice (2 months notice in writing) for the tenant to vacate should the landlord not wish to renew.

Finally, this allows ample time for current market appraisals to be done and any subsequent rental increases to be negotiated.

With this tight rental market, it makes sense for your Agent to be organised, demand has increased and availability has decreased, following this simple process ensures your maintaining quality tenants and achieving optimum results.

Dream Property Managers are focused on growing your property returns through proactive policies and procedures. For a professional, friendly approach and solutions driven team – Contact The Dream Team today, we will get you results.

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