One in four landlords to buy their tenant a gift this Christmas
A new survey has revealed that one-in-four landlords are getting in the festive spirit and will purchase presents for their tenants for Christmas this year.
The investigation from Simple Landlords Insurance discovered that wine was the most popular gift from generous landlords, with 44% of those planning to give a gift choosing a nice bottle or two.
Christmas Gifts
Other most popular presents included money off rent and chocolates, accounting for 17% from gift-giving landlords.
In addition, buy-to-let Santas have purchased toys for their tenants’ children, restaurant vouchers, toiletries and even given money to recently redundant renters.
One in four landlords to buy their tenant a gift this Christmas
Jenny Mayes, of Simple Landlords Insurance, noted: ‘Gestures like these can help to keep the relationship between landlords and their tenants positive. Many landlords are not professional investors and 65% do not use letting agent to manage their properties. They rely on their tenants to keep their property in good condition, to pay rent on time and trust that they will let them know when things go wrong. Saying thank you and giving a little something can help hold onto good tenants and maintain goodwill.’[1]
[1] http://www.propertyreporter.co.uk/landlords/25-of-landlords-will-buy-their-tenants-a-gift-this-christmas.html
