Given the demand for rental accommodation, tenants should be aware that they face competition to find the property that is right for them. It is therefore important to approach letting in the correct manner and our tenant guide will hopefully detail what you can do to ensure you make the most of the renting opportunity.
Various factors combine to help you find the ideal property for your needs. You should create a budget so you know what you can afford to pay each month. Be aware that there are other monthly bills you need to pay on top of your rent and that there are up-front costs associated with rent.
It is likely that you’ll have to pay the first month’s rent in advance and you’ll need to place a deposit on the property, so be prepared to spend a lot in the initial phase. With removal costs to cover too, renting is expensive, so make sure you know what you can afford to spend.
Narrow down your options of where you are happy to stay. Once your budget has been set, you will have a better idea of what you can afford, and you want to find a property in the right place. It may be that you need a location close to work, close to friends and family members, with strong transport links or in an area where you feel comfortable. Every person or household has their own requirements, so know what you need and then narrow down your options.
If you have any requirements for the property, list your priorities and essential items. When you have a list of items that you need to have, it is easier to rule in or rule out certain homes.
If you can provide references and information detailing your income, you can speed up the process and you will show that you are an organised tenant. If a landlord or agent has a few candidates to choose from, showing that you are responsible while making their life easier could help you be selected for the property.
Make sure you read the tenancy agreement in full and if you have any issues or queries, raise them before you sign. Once you sign the agreement, you are legally bound to comply with the agreement and a failure to do so can cause problems at a later date.
Ask for an independent inventory list to be carried out on the day you move in
An inventory list protects the landlord and tenant as it creates a document that can be referenced throughout the tenancy and at the end of the tenancy.
Arrange for removal services or help from friends
When you get the go ahead to move into the property, you have paid all of the financial charges associated with renting and you have picked up the keys, you can start to move your belongings in. If you need assistance with this matter, arrange in advance and ensure you have everything in place for the big day.
Quick tips to remember when renting property include:
Becoming a tenant can be a daunting prospect, especially if it is the first time you have moved out of the family home, but it should be enjoyable too. Following this tenants guide will hopefully give you a great start, and if you need any assistance, feel free to contact Nathan Andrews Estates for support.
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