A recent poll that launched Halifax’s new Landlord Insurance has revealed the preferred tenant to be a woman who is a medical professional earning an average of £25,000 and who is aged between 36 and 45 years.
According to the article “Medical professionals top the bill of best tenants” a thousand landlords in the UK were interviewed in this revealing survey and the results prove somewhat worrying for prospective tenants outside of the favoured demographics. The results exposed the fact that overwhelmingly (just under eighty per cent) women were preferred as tenants on the whole and that if you hail from London this would be definitely seen in your favour.
Landlords are not as greedy as they are reputed to be according to some rather shocking results. If a prospective tenant earning a modest salary competed with someone earning over seventy thousand pounds for a property, a third of the total sample claimed the more affluent of the two would not necessarily be favoured.
People under the age of twenty-five were not considered ideal tenants while someone with a medical background would be preferred above all other occupations (particularly HGV drivers, celebrities, traffic wardens and shop workers).
Although landlords are right to get the best tenant in order to protect their property, should the perfect tenant turn out to be the tenant from Hell, Landlord Insurance will provide something of a safety net. In all this, we mustn’t forget the tenant however. He/she needs protection too and unfortunately this is not covered under Landlord Insurance. To make you’re your belongings and valuables are safe as houses, ensure your contents insurance provides exactly what you need from it!