We approach tenants two months before their tenancy is due to end and ask them of their intentions moving forward. We give them two weeks to let us know, which provides us with ample marketing time should they intend to vacate and new tenants need to be found.
We always try to minimise the potential empty/void period between tenants, ensuring maximum income for landlords. If the tenants wish to remain, they will typically sign a new agreement with a new tenancy end date.
For properties on what we call the 'academic student rota', where tenancies will typically begin on 1st July and end on 30th June year-after-year, we approach the tenants to establish their intentions far earlier. This is because of the high demand for student properties in Cardiff, where groups will start looking as early the November before; some 8+ months before the tenancy is due to start!
If you missed the previous parts of our tenancy guide for landlords, you can catch up below.
If you would like more information about the landlord services we offer here at CPS Homes estate agents, please get in touch with our team today on 02920 668585, email: firstname.lastname@example.org, or pop into our Woodville Road office based in the heart of Cathays, Cardiff.