How to Attract Corporate Tenants
Corporate tenants are renowned for making solid offers, paying higher rents and committing to longer leases. Laura Humphrey, Partner at Humphrey and Brand, explains how to attract the corporate market.
Use the Right Agent
Not all agents deal with the corporate market because key personnel demand professional expertise and specialist assistance. Leading firms and relocation agents trust Humphrey and Brand because we provide personal service and build the long term relationships market leaders look for.
Invest in Property Management
Many corporate tenants will only consider managed properties and rule out any homes that are not managed. Whilst property management presents an additional cost, landlords with managed homes are more likely to benefit from a secure and often lengthy tenancy agreement with a company or private corporate individual. Our in-house Property Management service is unrivalled and our staff oversee everything from gas and electrical safety inspections to repairs and major refurbishments.
Add Value
Good presentation is the key to targeting corporate tenants so never discount the potential of your property due to its size or location. At Humphrey and Brand we provide specialist help and advice, and our professional negotiators are skilled in extolling the virtues of every property. We know even the smallest studio apartment can make an ideal pied a terre.
Invest Wisely
If investing with the sole intention of targeting corporate tenants consider that busy professionals and corporate families often choose homes with added luxuries like secure parking and well kept communal gardens. Every week, we advise investors which homes might create the best opportunities, which are near the best schools and how best to buy off-plan.
For more information, or to request an accurate valuation, call 020 8399 1888, email lettings@humphreybrand.co.uk or visit Humphrey and Brand at 24 Brighton Road, Surbiton.