Property for rent doesn’t simply appeal to tenants who may be waiting or hoping to get onto the property ladder, but it also offers flexibility for those downsizing or moving into a new area. It isn’t uncommon for estate agents to arrange viewings for potential tenants that include everyone from young singles moving into their own place for the first time to mature couples who are downsizing.
Although renting gives you greater flexibility than owning a property, it still takes time and money to find the right place and to move in.
Make sure you are financially prepared for the rent and the permitted payments.
Once the landlord decides you will be a good tenant, you will need to pay fees to set up the tenancy to cover the cost of references, credit checks and arranging your rental.
Before you move in you will also pay a security deposit and probably one month’s rent in advance.
Have a careful think about what sort of property you want and which best suits your current lifestyle.
Your Move offers a number of ways to find rental property that is available now.
The only way to really get a feel for the kind of property you might rent is to arrange some viewings.
Go through your list of favourite properties, arrange viewings via the website, or ask the branch renting the property. Many letting agents offer video tours or virtual viewings so you can get a feel for the property and whether or not it's right for you before visiting it in person.
You will have a few significant outgoings when you first set up a new tenancy.
Make sure you take all of these costs into account when you’re thinking of renting a property. Remember too that it’s important to keep paying your rent, on time and in full, as this may affect your credit score.
