One-in-four landlords are planning to buy a Christmas present for their tenants this year according to a new survey.
The poll conducted by Simple Landlords Insurance found that wine was the most popular gift choice from landlord to tenant this year, chosen by 44% of all those who plan to give a gift. This was followed by money off rent and chocolates, which will be the gift from 17% of those who give a present.
Other gifts include toys for their tenant’s children, restaurant vouchers, toiletries and money for a tenant who had recently been made redundant.
Jenny Mayes from Simple Landlords Insurance says: “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 agents 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.”