Retired Tenants
Tax Planning and Financial

1 Thanks
165 Posts
17 years ago
If retired people are able to pay the rent out of income and do not qualify for housing benefit then they probably have a private / occupational pension. Why not ask for confirmation of income if you need to satisfy yourself of their ability to pay ?

In my experience retired people tend to be very reliable tenants, no question about that. They tend to have a greater sense of responsibility and conduct tenancies in accordance with agreements. If I had the money I would buy bungalows and fill them with pensioners. This has always been my most profitable (fewest voids) and least troublesome kind of letting in over 25 years of residential property management.

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