Things Tenants Say vs What They Actually Mean

Unofficial First 4 Lettings translation guide

“We really like it, we just want to have a look at a few more.”

Translation:
We like it, but we're not quite ready to commit.

This is completely normal.

Renting a property is a big decision, and most tenants want to compare their options before making a decision.

The problem is that a property can disappear from the market while someone is still deciding.

If you genuinely like somewhere, it's worth finding out exactly what the application process involves rather than assuming you can always come back to it later.

 

“Is the landlord flexible on the rent?”

Translation:
We like the property, but we'd like to pay less.

Again, completely fair question.

But if a property has been correctly priced based on the current market, there may not be much room to negotiate.

Tenants will naturally try their luck — and landlords are perfectly entitled to decide whether they want to accept an offer.

Sometimes the answer is yes.

Sometimes it's a firm no.

And sometimes the tenant decides they would rather pay the asking rent than lose the property.

 

“We'll definitely apply tonight.”

Translation:
We intend to apply tonight... but there is a reasonable chance life gets in the way.

We've all been there.

You've found the property you want, you're going to apply as soon as you get home — then dinner happens, work gets in the way, you forget, or you start looking at another property.

From an agent's perspective, until an application has actually been submitted, it's difficult to treat an intention to apply as anything more than that.

If you've found the property you want, getting your application completed promptly can save a lot of disappointment.

 

“We're just waiting for our guarantor.”

Translation:
The property is probably still our first choice, but there is another person who needs to do something.

The tenant might be ready to go.

Their guarantor, however, might not have checked their emails.

Or they're at work.

Or they're on holiday.

Or they've said they'll “do it later”.

And suddenly the application that was supposed to take an hour takes three days.

This is why having everyone involved in the application ready to respond can make the process considerably quicker.

 

“Can we just move in a couple of days early?”

Translation:
We've booked the van and we're really hoping you'll say yes.

This one comes up more often than you might think.

Unfortunately, moving dates aren't always as simple as moving a date on a calendar.

There may be an existing tenancy, cleaning, maintenance, inventory arrangements, legal requirements or rent calculations to consider.

Sometimes an earlier move-in is possible.

Sometimes it isn't.

It never hurts to ask — but don't book the removal van before you've had confirmation.

 

 

And then there are the landlords...

Of course, tenants aren't the only ones who have their own unofficial language.

We've been doing this long enough to have developed a translation guide for landlords too.

“The property down the road gets £1,300.”

Translation:
I would really like my property to achieve £1,300.

And sometimes it absolutely can.

But the property down the road might have a different number of bedrooms, better parking, a newer kitchen, a garden, better presentation or simply be in a slightly different position.

Rental values are about comparison.

The question isn't just:

“What rent do I want?”

It's:

“What are tenants currently prepared to pay for this particular property?”

 

“Let's just try it at £1,250 and see what happens.”

Translation:
I know you're advising me to price it lower, but I'd like to test the market.

There's nothing wrong with testing the market.

But the market usually gives you an answer fairly quickly.

If a property generates plenty of enquiries and viewings, that's useful information.

If it sits there with very little interest while comparable properties are letting, that's useful information too.

The important thing is being prepared to listen to it.

 

“It's only been on for a week.”

Translation:
I don't want to talk about reducing the rent yet.

Fair enough.

One week doesn't necessarily tell you very much.

A property can take time to find the right tenant, particularly where it appeals to a more specific type of renter.

But if the same feedback keeps coming back over several weeks, it's worth looking at what that feedback is telling you.

 

“The tenant said they're definitely going to look after it.”

Translation:
I really like this applicant and I'm hoping they're as good as they seem.

And this is exactly why referencing exists.

A friendly conversation with a prospective tenant is important, but it isn't a substitute for properly checking affordability, employment, credit history and previous rental information.

You hope the tenant will be excellent.

Then you do the checks to make sure the application stacks up.

 

 

The thing is...

None of these translations are actually criticisms.

Tenants are trying to find a home that works for them.

Landlords are trying to protect an investment and achieve a good rental return.

And letting agents are stuck in the middle trying to make the three things work together.

That's what makes lettings interesting.

Every property, landlord and tenant is different, and there isn't always a perfect answer.

Sometimes the tenant wants to negotiate.

Sometimes the landlord won't move on price.

Sometimes everyone agrees immediately.

And sometimes it takes a few more conversations.

That's lettings.

After more than 20 years in Leicester, we've learned that good communication, realistic expectations and a little patience usually go a long way.

And if you've ever said one of the phrases above...

Don't worry.

We've heard it before.

Written by Lewis Hemmings

Fees

PERMITTED PAYMENTS

As well as paying the rent, you may also be required to make the following permitted payments:

1) Holding Deposit: Up to one week’s rental

2) Deposit: One month’s rental (5 weeks rental dependent on individual’s circumstances)

3) Payments for utilities (gas, electricity & water), communication services (telephone & broadband), Installation/Subscription of cable/satellite, TV licence and council tax

4) Default Fee (late payment of rent): If full Rent is not paid within 14 days or more of the Rent Due Date there will be a charge 3% plus the Bank of England base interest rate of the full rental amount until full payment is received

5) Default Fee (breach of tenancy agreement, any other permitted payments, under relevant legislation including contractual damages): For any breach of the tenancy agreement based on the reasonably incurred costs of the agent or landlord

6) Replacement of keys, fobs or other security devices

7) Default Fee (changes to the tenancy): An administrative charge of £50.00 or greater for any assignment, variation or novation of the tenancy agreement made at the tenant’s request (only if agreed by The Landlord and/or The Landlord’s Agent)

8) Payments in respect of early termination of a tenancy agreement at the tenant’s request


TENANT PROTECTION

First 4 Lettings is a member of Client Money Protect which is a client money protection scheme, and also a member of PRS (Property Redress Scheme), which is a redress scheme.