Renting A Guide To Renting Property

Date Published:

27/05/2008

Whether you're the eternal tenant wise to every trick of the trade or a fresh-faced student taking the first tentative steps away from the family home, the mysterious world of renting can be a baffling one.

If you're looking for information about becoming a landlord or buying to let, click here instead.

Intro

If you're not aware of your rights as a renter you are a sitting duck for the few dodgy letting agents and landlords lurking out there who will take any short cut possible to save themselves money.

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Whatever your reasons for choosing to rent a property it simply makes sense to ensure that you're getting your money's worth. There's nothing more heartbreaking than handing out large sums of money every month when you're not entirely satisfied with your home. And a home it should be; somewhere you feel safe and happy. If you've taken the right steps to renting a place there's no reason, just because you chose not to or are unable to buy, that this shouldn't be possible.

Finding A Property

Why and what type of place you choose to rent can depend entirely on your circumstances. Perhaps you're a 'Young Professional', happy to delay the commitment of buying a property, looking for a self-contained flat with all the mod cons. Or perhaps you're a student, embarking on a new frontier, a place without home cooked food and where Breville toasties and super noodles are your main source of sustenance.

If you're looking for a self-contained flat or the cheaper option of simply renting a room, it's important to make sure the place is right for you before committing (it's possible to spend hours meandering in the video shop, so give your home the same courtesy!) Make the same checks as if you were buying the property. You might end up living in a rental property for as long as someone lives in a house they've bought, so you should set similar standards. Visit the property at least twice at different times of the day, including rush hour. The earth tremors caused by a cleverly hidden rail track do not make for a peaceful and stress-free home life! Whilst looking around the property remember to ask yourself and the agent these key questions. Write them down if you have to, the excitement of finding a decent flat can often cause the most rational person to go giddy.