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Renting a Property

Dec 27, 2012   //   by mecadmin   //   blog  //  No Comments

How to Rent a Property

Finding a place to call your own is never easy. Many homeowners opt to rent for periods of time while waiting to buy. Residential rents in Coventry and all around the UK  are high and tend to be on a slightly upward trend. How much budget you have set per month has major implications for which areas and which type of accommodation you will be able to consider. The physical attributes of the property also plays a part in how much rent is asked.


When looking for accommodation, tenants opt to use a letting agent who deals professionally with the renting out of properties. Majority of estate agents that sell properties has also acted as letting agents. Letting agents deal mostly with entire flats and houses, simply visit their websites and browse for the kind of property you are interested in.


Tips on Renting a Property

1. Research and Investigate

Spend plenty of time investigating the area of the property you want to rent. If you have children, make sure their local schools are accessible. Walk around the neighbourhood. Check out how far the markets are. One advantage of renting is that you can move when your tenancy is up, but don't think too short-term – make sure this is the area you want to live in. The best way to get a feel for an area is to visit and have a wander around on foot.


2. Widen Your Search

Large letting agencies  can have a wide range of property but check out agencies and private landlords too. Compare prices and make sure you are not paying over the odds. You can also check online and easily enquire.


3. Don’t rush, take your time.

When visiting a potential house to rent, check everything out carefully. Does it have central heating that works? What are the showers like? Are the windows in good condition? Is the water pressure good? Checking this small detail can all be forgotten in the heat of the moment. Create a checklist to take with you when viewing properties.


4. Ask the letting agent how much they charge

Before you make an offer, quiz the agent about fees for references and credit checks. Avoid firms that charge. If they cook up expenses early on , it's also likely they will try and cash in with your deposit when you move out.


5. If living with flatmates, choose carefully

If you are looking at renting with others, choose who you live with carefully. Good or bad, but little things can make the difference between harmony and torment. Money is the primary cause of dispute among flatmates. Make sure you work out your budget and how bills will be divided.


6. Haggle Haggle Haggle

Whether you are dealing with an agent or a landlord, it's important to remember you can negotiate. Make an offer below the rent being asked for. Every pound saved is another one in your pocket.


7. Set up direct debits or payments properly

Tenants who don't pay on time is more likely to receive poor maintenance services. Getting all the finances sorted properly and paid on time will mean that you will receive top priority from people you need to call if the plumbing goes or you need to install new oven.


8. Do a full inventory of the house' content

Do a  full inventory before moving in. Check every nook and cranny of the room you are renting.  It's not just furniture and contents that need checking, note if carpets and curtains have been steam-cleaned and check the each furnishings' condition. In the first few days of moving in, take a note of all the problems you spot and let the agent or landlord know, preferably in a letter or email so you have a copy should things go wrong.


9. Tell your agent or landlord if there are problems

Landlords are not psychic. You may know that the washing machine has stopped working and grumble about it, but unless someone tells the landlord about it will he be able to fix the problem. Don't be shy in reporting any difficulties, having them fixed at no cost to you is one of the privileges of being a tenant.


10. Don't let your deposit go easily.

Some landlords and letting agents, try and cash in one departing tenant's deposits. By law they must prove the exact cost of each and every deduction. As a tenant, you have rights and obligations.Tenants need to be vigilant and if an agent refuses to return a deposit without reason, you can report them to the proper authorities



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