A Few Things To Consider When Renting A House

Preview:

DESCRIPTION

Here are some pointers to consider when preparing to rent a new house… Know what to look out for and what you should look into before going to rent a new home.

Citation preview

A Few Things To Consider When Renting A House

Here are some pointers to consider when preparing to rent a new house…

Costs:• It is very easy when looking for a

new home to lose sight of reality or be talked into paying more than you can afford. Make a maximum limit and stick to it.

• If you get behind with your rent, your landlord may evict you and you could lose your home.

• When budgeting, round bills UPand never down. This will save you from any nasty surprises at the end of the month.

Deposits:• Think about how much deposit is

required for the property and whether you can afford it.

• Landlords usually place deposits in government-approved deposit protection schemes. The schemes help make sure you get your deposit back if you meet the terms of your tenancy agreement when leaving the property.

Location:• For those with children, are you near

a school? What parks and local attractions are around?

• What’s the crime rate in the area? Is the area safe?

• What are the neighbours like?

Transport:• If you have a car, is

there safe parking? Do you need a garage?

• If you do not have a car, are you walking distance to amenities? Are there sufficient bus routes to take?

Decoration:• Firstly, check with your landlord

that you are permitted to alter the current décor. Secondly, run the colour scheme by him/her before you begin.

• Lighter colours tend to open up spaces and make them seem bigger, whereas darker colours can do the opposite and make them seem smaller.

• Having a continuous colour scheme throughout the house will make it appear bigger.

Landlord Furniture:• In some instances when renting a property you will find that

landlord furniture is left within the property for you to use. This can be in the form of a washing machine, bed or refrigerator.

• Furniture isn’t compulsory, so discuss with your new landlord what is included within the property before moving in and see if you can come to an arrangement. If you have your own furniture you are likely to want them to store what maybe already in the property.

Furniture Hire:• If furniture cannot be provided, furniture hire is very popular

instead of making a final purchase.

• Furniture rentals can be from one month to three years, or can be bought out permanently.

Tenancy Agreement:• Make sure that you have read every single page.

• Check with your landlord/letting agency that you understand all the terms, usually there is a glossary, but ask to be sure.

• Make sure you have your own copy of the tenancy agreement.

• If your situation changes, tell your landlord in good time or risk facing a penalty.

• Your tenancy agreement should include how and when the rent will be reviewed so that you are aware of any rising costs in the future.

Good luck with your new home!

For more information about the subjects I write on follow me on SlideShare or tweet me on Twitter

Recommended