The team are experts when it comes to enhancing your home and can match your style to a material perfectly designed to suit your lifestyle and property needs. In this post Floormaker share their invaluable advice for landlords and explain how different materials really will help you to 'lay the difference' in your buy-to-let property:
Tenants come in all shapes, sizes and numbers. It may come as quite a surprise that the type of flooring in busy properties can have a significant bearing on the tenants, and therefore the security and longevity of a tenancy.
Justify the Rents
With 27% of tenants having their rent increased in the last 12 months and only 1% having it lowered, landlords face an uphill battle to justify the added financial outlay. Flooring is a fundamental part of a house's decor and can be vital in securing a signature of a new tenant, particularly in the case of a non-furnished dwelling, where the floor will be the only thing that they will inherit upon moving in.
Your House is their Home
With the average tenant (students aside) living in the private rental sector for 13 years, this perfectly demonstrates how lucrative it can be by keeping your tenants satisfied. 90% of people renting a property consider it to be their home. It's the landlord's responsibility, or at least should be, to help evoke this sense of ownership. The flooring world has advanced significantly over the last few years with the oodles of technology at our fingertips.
However, in simple terms it all boils down to 3 types of flooring: Laminate/LVT, Engineered and Solid Wood.
Laminate and Luxury Vinyl Tile are perceived as the budget options for households, particularly laminate as it can be purchased for as little as £5/£6 per square metre, and it is cheap to install. Easily maintained and simple to clean, it is a bona fide winner for a student house and/or house shares in the city. It is suitable for all rooms of a house including moisture specific areas such as the bathroom and kitchen. Its versatility can be backed up with its visual appealing designs, with many styles replicating natural wood flooring. It would be safe to say that a student let will be susceptible to a few more parties, footfall and inevitable accidental damage.
What's more, according to research by the Landlord Zone, 80% of tenants believe that landlords should pay for damage caused once their tenancy ends.
In short: durable and inexpensive, laminate flooring is a godsend for busy properties prone to damage from high footfall. For those who are looking for a more stylish investment, luxury vinyl tiling is growing in popularity and is viewed as a premium economical product.
Solid Wood Flooring
Solid wood is recommended for higher value properties with longer tenancy agreements. It can add both real and perceived value to a home. It is a long-lasting surface and can be maintained and sanded in future to restore its vibrancy. With modern designs, there are ways to fit the flooring to the property, not just old fashioned themes. Of course the traditional planks can be installed in cottage or old style housing to reflect its rustic look. It can be costly and a little more difficult to install/maintain but in the long run it more than pays for itself - many times over; you buy expensive, you buy once.
The flooring also helps radiate warmth and a cosy atmosphere and can help on reducing energy bills. Solid wood flooring has shown to be an effective selling tool, if you are planning to sell. This is especially useful in an unfurnished property, where a well-maintained wood floor will act as a high-quality blank canvas on which to build the rest of the property.
In short: this flooring can be ideal for long-term tenants, families, traditional houses and modern designs. The range of designs, colours and textures available means there is something for everyone.
A smart alternative for both demographics would be an engineered style. Not everyone understands what engineered is and this has unfairly halted their impact and stopped them becoming as common as they could be. Engineered wood flooring is made up of multiple layers of real wood. It's this structural makeup that contributes to them being able to last upwards of up to 30 years.
They can be sanded down over at certain periods to give them a new lease of life and long lasting vibrancy. Similar to real wood in terms of durability they are cheaper and generally easier to install. And for the sustainability minded they are a lot more eco-friendly than other types of flooring.
In short: engineered flooring is long-lasting and easier and cheaper to install than solid wood flooring, though it is somewhat underpublicized.
Flooring has come a long way and offers viable alternatives to standard carpet options. Your best bet would be to summarise the type of tenants you want or have and plan to floor your property accordingly, combining more than one type when appropriate.
For more details on flooring or for extra help please contact Floormaker here.
If you would like advice on finding the perfect tenants or expanding your buy-to-let portfolio, contact your local CJ Hole branch, who will be more than happy to help.
Finally, Floormaker have designed this infographic specifically to help you select the best flooring for your property needs.
Disclaimer: Guest blog posts on the CJ Hole blog are written by external companies. CJ Hole do not endorse the products or services of these companies.