There are pros and cons around the debate of if you should allow pets in your rental properties, so today, I thought we would have a look at both sides of the argument from a practical perspective.
In times of recession certain things happen in a property market, one of those is that financial hardship tends to be a major factor in relationship breakups. People who have set up home together have often gathered pets along to way. From a tenant point of view it can be very difficult to find landlords who will accept pets in a residence.
I think this is mainly due to the mitigation of damage they may possibly cause. My own view is to be flexible. Chat to the prospective tenant, see pictures and meet their pets, and then make a decision. It is worth remembering that people with pets tend to stay longer and be more settled.
We are as a nation pet lovers, so not allowing them in your rental property could seriously limit your market.
Of course, those using an agent won’t get the option to chat to the tenant unless they ask for it. Agents tend to want an easy life and will allow most things if they get paid. If your properties are in an area where competition for them is fierce, then allowing pets can help get you that elusive new renter. However, you should always be mindful of the other people who live nearby. A constantly yapping dog can be very irritating for neighbors, for example.
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Limit Potential Damage By Pets
You can limit any potential damage from pets by making sure the walls have washable surfaces, fit easy clean blinds instead of curtains and get hard flooring put down that is easy to keep clean from fur etc. If you choose laminate, go for the waterproof variety in case of mishaps. I think the trend for no pets in rental properties also came about because of the rise of allergies. As a landlord, you would need to be sure that a thorough cleaning is done after each tenant with a pet vacates. More things to consider are;
- Including a special clause in the tenancy agreement specifically targeted to the possible damage is a good idea.
- Taking an extra security amount to limit damage, and warning the tenant in advance that damage will be deducted from the deposit return can also help. Some landlords choose to add a nominal £20 per month to the rent to cover any later costs. This is an easier way for tenants to pay for their pet than a lump sum deposit.
- Check your insurance to be sure pets are or can be included and that certain breeds are not disallowed too.
- Make sure you treat the property with flea spray after an owner with a pet leaves- just in case!
- Take a thorough inventory when tenants with pets move in and out.
With regard to dogs in particular, ask how old they are and if they have had obedience training. Puppies will cause more damage than older animals due to chewing and toilet training. I would also be sure that all cats and dogs have been neutered, those that are not tend to be more aggressive and smelly in general.
