What do tenants look for in a rented home?
Finding the right tenant isn’t just about filling a property quickly. While minimising void periods is important, taking the time to secure the right tenant can lead to longer tenancies, fewer issues, and more stable income over time.
Gallagher, the NRLA’s Legal Expenses and Rent Guarantee Insurance partner, shares key insights into what tenants value most—and how landlords can make their properties more attractive in a competitive market.
Setting reasonable rent prices
Setting the right rent is critical. It needs to reflect the property’s value and location, while remaining affordable and competitive for tenants.
With ongoing economic pressures, many landlords have had little choice but to increase rents. According to the NRLA’s Landlord Confidence Index, the main drivers behind recent increases include:
- Rising landlord costs
- Inflation
- Anticipated regulatory changes, including the Renters’ Rights Bill
While maximising yield is important, overpricing can be counterproductive. High rents may:
- Deter prospective tenants
- Lead to affordability issues
- Increase the risk of rent arrears
Where arrears do occur, rent guarantee insurance can provide valuable protection—helping cover lost rental income and legal costs if possession action becomes necessary. As with any policy, it’s important to review terms carefully and ensure all conditions are followed to maintain cover.
What Tenants Want from a Property
Understanding tenant priorities can help you market your property more effectively—and identify worthwhile improvements.
1. Space and Layout
Tenants value space. Larger rooms offer:
- Greater flexibility
- More storage
- A more comfortable living environment
Tip: Use clear room dimensions and high-quality images in your listings to showcase space.
2. Energy Efficiency
With energy costs remaining a key concern, tenants are increasingly focused on:
- EPC ratings
- Insulation quality
- Efficient appliances
Upgrades such as double glazing and improved insulation not only reduce bills but can also make your property more appealing.
Some landlords are also exploring inclusive rent models (bills included) to provide certainty for tenants.
3. Outdoor space
Demand for private outdoor space has grown significantly in recent years.
Gardens, patios, or balconies can:
- Enhance lifestyle appeal
- Differentiate your property
- Support longer tenancies
Even smaller spaces can add value if presented well.
4. Location and Connectivity
Location remains a key factor in tenant decision-making. Tenants often prioritise:
- Proximity to work
- Transport links
- Access to shops, schools, and amenities
Properties with strong local connectivity are typically more attractive and resilient in demand.
5. Modern Features
Features such as:
- Double glazing
- Good natural light
- Secure entry systems
…can all positively influence tenant choice and should be clearly highlighted in marketing materials.
What Tenants Expect from a Landlord
It’s not just the property that matters—the landlord plays an equally important role in tenant retention.
Responsiveness and Communication
Tenants expect issues to be dealt with promptly. Failing to address repairs can:
- Lead to bigger problems
- Damage the landlord-tenant relationship
Respect and Professionalism
While inspections are important, tenants also value privacy.
Key principles:
- Provide appropriate notice before visits
- Avoid excessive check-ins
- Treat the property as the tenant’s home
A professional, respectful approach helps build trust—and encourages tenants to stay longer.
Protecting Your Investment
Gallagher provides NRLA Members with suitable cover for your property, its contents and your liabilities.
To find out more, speak to the specialist team on 0333 000 0169.
Or speak to our specialist team on 0333 000 0169.