Renting a property is a smart choice for some people for lots of reasons. Renting out a home allows people to have more flexible lifestyle and less accountability than maintaining their own property. Besides, in times of decreasing house prices, renters may well be saving a lot of money.
Renting a flat or a house is quite common with people from all walks of life. People who have sold their home usually rent out a house in the meantime, while taking their time to find another property to buy. Usually, students that are moving momentarily into a new town will share a flat or house. To put it plainly, home renting is a great choice for people who don’t have the funds to actually buy a property.
Finding a home to rent typically starts with an online search, through which you can communicate with letting agents. You should also try searching for advertisements in local newspapers, or the simple signs and notices in random shops.
‘Word of mouth’ has proven to be quite convenient in finding the ideal rental property. Try asking your friends and work colleagues who have already rented a home and ask them to recommend a good letting agent. Better yet, ask if they know of any properties that are available for rent.
There are two methods a home can be rented out: directly by arrangement with the landlord or indirectly through the help of lettings agent. The series of advantages and disadvantages of renting by means of lettings agent or directly through a landlord will be covered in this Guide to Proper Home Renting.
Tips on viewing a home will be further explored. Contractual and other legal issues will be expounded. Most common tenant issues such as: deposit schemes, agents’ fees, and insurance will be covered.
Most agreements between the tenant, the landlord, and the agent run smoothly, though things can still go wrong along the way. Browse through this Guide to find out certain advice about what to do when complications arise.
Home Renting Guide
Each section has been broken up and placed on its own page below to make it easier. Click the links for the individual topics and go through our complete guide to renting your home.
Table Of Contents
1. Introductionto renting your home
2. Renting From A Letting Agent Or A Landlord
3. Viewing A Home For Rent And What Essential Questions To Ask
4. Tenancy Contracts Explained
5. Responsibilities Of The Tenant
6. Renting Deposits And Fees
7. Tenancy Deposit Schemes
8. Rental Insurance
9. Dealing With Complications That May Arise When Renting
10. Where To Go When In Need Of Help