The question of whether to allow tenants to decorate your property is one that has a constant presence in the world of private renting.
On the one hand, it means running the risk of DIY disasters, or simply ending up with a mess to sort out at the end of the tenancy if you don’t like their tastes. On the other hand, allowing tenants this freedom could potentially attract more people willing to pay higher rent prices to do so.
A recent study conducted by Graham & Brown, the British wallpaper brand, has found that landlords could potentially gain over £850 extra a year from rental income, by allowing tenants to decorate.
The study was conducted in preparation for International Wallpaper Week, which started yesterday. It found that 19% of tenants are currently not allowed to decorate their rented homes, as part of their rental agreement.
The research went on to question participants about whether they would pay extra for the option of being allowed to decorate. 20% said they would, with this extra averaging at £72 per month.
When questioned about their feelings towards rules stated in tenant agreements, 22% of tenants responded that they feel not being able to decorate is the most difficult landlord rule to live with.
This poll looked at the opinions of 1,000 renters, of which 43% felt that they would continue a tenancy for longer of they were given more freedom to change and personalise the interior.
Furthermore, 44% stated that they would be more likely to take better care of the property, if they were allowed to decorate. 30% said they would be happy to spend their own money on renovations, if it meant they could make the decisions.
Alan Kemp, head of brand marketing at Graham & Brown, said “The UK’s rental generation is increasing fast, with young professionals, new families, and over 50s amongst the largest groups opting to rent rather than buy.
“We have found that landlords discourage decoration, leaving Generation Rent lagging behind in the home style stakes. It shouldn’t just be homeowners who are able to put their own stamp on their home – especially as there are so many easy ways to do this which aren’t permanent, including strippable wallpaper, rugs and statement artwork.”
When landlords were questioned about the topic, a staggering 78% responded that they would now allow their tenants to decorate their properties with paint or wallpaper. When asked why, the general answers were that they were worried about the style not suiting all tastes, which could be an issue when new tenants move in.
More positively, 32% of landlords would be happy to allow tenants to change the look of the property, if they were to hire professionals to do the work. 31% of landlords would consider allowing tenants to decorate, as long as they were in charge of the design choices.
Where do you stand on this subject?