Landlords encouraged to accept pets as they cause less damage

Landlords encouraged to accept pets as they cause less damage

0:02 AM, 5th December 2024, About 3 weeks ago 38

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Pets cause less financial damage than tenants, according to new research.

A report by the University of Huddersfield reveals that while pets can cause damage, the cost is more than 50% lower than the damage typically caused by tenants.

Inventory Base is calling on landlords to take in pets after research finds only 7% of rental properties are pet-friendly.

Pets cause an average of £300 worth of damage

According to a survey by Inventory Base, landlords appear to be most open to pet ownership in Glasgow where 11.3% of all rentals are described as being pet-friendly. This is followed by Edinburgh (10.1%), Manchester (10%), and London (8.1%).

Meanwhile, the least pet-friendly landlords are found in Newcastle where just 2.1% of available stock is being marketed as pet-friendly.

This is followed by Nottingham (2.9%), Cardiff (2.9%), Leeds (3.2%), Leicester (3.4%), and Bristol (3.9%).

Research from the University of Huddersfield shows that pets cause an average of £300 worth of damage per tenancy, compared to £775 caused by tenants without pets.

Siân Hemming-Metcalfe, operations director at Inventory Base, says it can be financially beneficial to landlords to take on a pet due to a reduction in void periods.

According to Inventory Base, half of pet-owning tenants stay in properties for more than three years, while just 31% of those without pets stay for this long.

Being pet-friendly can offer significant advantages for landlords

Ms Hemming-Metcalfe said: “While pets might seem like they could cause issues in rental properties, it’s becoming clear that their impact is often much smaller than the wear and tear from tenants themselves.

“Being a landlord is no easy task. It can be both demanding and stressful. It’s understandable why many prefer to keep pets out, reducing at least one potential worry. However, we’re finding that being pet-friendly can actually offer significant advantages for landlords.

“By welcoming pets, you not only attract a broader range of potential tenants, but you also encourage longer and more dependable tenancies.

“Pet owners are typically very mindful of their pets’ reputation for causing damage, so when it’s time to move out, they often leave the property in excellent condition to demonstrate that both they and their furry friends are responsible.”

Inventory process can help manage tenancies

Ms Hemming-Metcalfe adds an inventory process can help landlords manage tenancies with pet-owning tenants.

She said: “Landlords who are open to tenants with well-behaved pets can minimise most financial risks by implementing a thorough inventory process.

“The main risks of allowing pets in rental homes arise when there isn’t a solid inventory process in place at both the start and end of each tenancy.

“Conducting a detailed inventory at the beginning of a pet-friendly tenancy, as well as regular property visits throughout the tenancy, ensures that any damage caused by tenants or their pets is properly accounted for.”

The Renters’ Rights Bill will strengthen tenants’ rights to request a pet in their rental property, which the landlord must consider and cannot unreasonably refuse.

The Bill will permit landlords to require insurance coverage for pet damage.


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Southern Boyuk

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9:39 AM, 5th December 2024, About 3 weeks ago

Clearly written by someone without experience and the impact on future tenants

Markella Mikkelsen

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9:44 AM, 5th December 2024, About 3 weeks ago

And tuberculosis is less deadly than the plague.
But I'd rather have neither.

This is a moron's aregument. Taxpayer paid someone to come up with this rubbish at the University of Huddesrfield. I hope we didn't waste too much of taxpayers' money.

Reluctant Landlord

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9:45 AM, 5th December 2024, About 3 weeks ago

“Pet owners are typically very mindful of their pets’ reputation for causing damage, so when it’s time to move out, they often leave the property in excellent condition to demonstrate that both they and their furry friends are responsible.”

hahahahahaha! Not in my loooong experience.

John Bentley

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9:46 AM, 5th December 2024, About 3 weeks ago

Tennants are essential to the business, pets are an extra avoidable cost in damages. Never in my property.

MasterG

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9:46 AM, 5th December 2024, About 3 weeks ago

Tenant causes a x 2 damage
Pet causes a x 1 damage
Tenant + pet causes a x 3 damage.

Or are they suggesting I rent my property to a dog as the sole tenant. 🤔

Keith Wellburn

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9:57 AM, 5th December 2024, About 3 weeks ago

The figure for damage by non pet owning tenants doesn’t ring true for me. I had perhaps 300 students across five HMOs for the best part of twenty years and up to ten family lets in a market where I took pets and DSS since the 1990s.

No students had pets and very little damage. Some pet owners OK but they become ‘nose blind’ to their pet.

And of course the survey is looking backwards - under the RRB and making pets the default will mean tenants don’t hunker down in a property that allows Fido. Some people just don’t have the mindset to begin to understand the potential risks a landlord accepts. I wasn’t too bothered about replacing pet damaged carpets after a long term tenant left if they were a good tenant in other respects and having a sensible appreciation of wear and tear which would mean they were nearing the end of their life anyway.

If a landlord is obliged to take pets and tenants have the right to give two months notice on day one as will likely be the case, that is plenty of time for a pet to potentially cause £1,000s of damage on top of the utterly ridiculous situation of having provided Air B&B lite and having to shoulder the set up costs for a new tenant.

Bernard Mealing

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10:05 AM, 5th December 2024, About 3 weeks ago

Pets. are great. it's the owners who are to blame. One bought a Collie ( working type ). poor thing is going so distressed with no walks.

Ryan Stevens

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10:26 AM, 5th December 2024, About 3 weeks ago

I very much doubt if the report is 'encouraging' landlords to accept pets.

A pet will cause damage IN ADDITION to that caused by a tenant, Why do I want to risk having damage from both?

And what if the next tenant is allergic to the previous tenant's pet?

Clara Skye

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10:48 AM, 5th December 2024, About 3 weeks ago

My ex-tenants had 2 dogs and a cat, they said they wanted to 'make it their long-term home'. They changed their minds after 12 months and moved in with family, so they aren't bothered about a reference. I have never seen a property left so fitlthy. The carpets stank of pet urine, mostly cat urine. The tenants cat-egorically deny (excuse the pun) that their pets were responsible. Every wall was filthy, particularly the bedroom walls, not just from the pets but other damage above that level too. Tenants are claiming that this is 'pet fair wear and tear'. There's another issue here that the deposit doesn't even come close to covering the cost of the damage and the time and expense required to put it right. As the delightful 'ex-tenant' emailed me 'you chose to be a landlord, so you only have yourself to blame, no one's forcing you to be a landlord.' No more pets in future, lesson learnt!

moneymanager

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11:14 AM, 5th December 2024, About 3 weeks ago

Hotels have smoking and non smoking rooms, my flats are all no pet and no smoking, like lots if other establishments.

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