A QUICK GUIDE TO RENTING

• This is a collaborative post with HomeLet •

Michael and I have been together for over 8 years.

Back in 2008, after just 2 weeks of being together, I moved in to his little one-bedroom flat and we’re here today with a long-standing proposal, a beautiful toddler, a good few career changes and seven house moves under our belts.

It’s just flown by!

Whilst I’ve always wanted us to have our own home, and indeed our plans were to box that one off a long time ago, renting has worked well for us and has been in our favour considering the amount of times we’ve upped sticks.

A Quick Guide To Renting

We’ve always had a good experience whilst renting and my advice to anybody in the same boat as us or who is just dipping their toes on to the rental ladder as a tenant is:

“If you leave the property in the same manner as it was when the tenancy began (or better, fair wear and tear permitting of course) then you shouldn’t have a problem getting your deposit back”

After such a long time spending renting, here’s a few other points that might help out newer tenants:-

  • It’s always a bonus if the Letting Agents are going to take responsibility for any repairs and maintenance throughout the duration of the tenancy. I find it’s much easier to get hold of the agents rather than the Landlord directly and any works are usually carried out quicker.
  • Always make sure that all correspondence including agreed variations to the tenancy agreement or permissions are in writing/via email so you have this to fall back on should any disputes arise.
  • Don’t be walked over when it comes to the return of your deposit. If you don’t agree with any deductions you have the right to dispute them and go through alternative dispute resolution processes. This will usually involve an independent adjudicator receiving supporting evidence from both yourself and the Landlord and making a final, binding decision as to the amounts to be released.
  • Go through your Inventory and Schedule of Condition (given to you when you commence the tenancy) with a fine tooth-comb as this will be referred to at the end of the tenancy to see if anything has changed.
  • If you decide to move on, you’ll need to save for a new deposit as you won’t get yours back immediately (it often takes a few weeks). You could always ask a family member for a short-term loan as you should be able to pay it back when the old deposit hits your account or other options include use of an employer’s rental deposit scheme (repaid from your salary) or using any credit available to you on a short-term basis.

Landlord insurance specialists HomeLet have made a really useful graphic for both Landlords and Tenants which gives a basic overview of some of your rights as a tenant and some interesting data surrounding the current rental market.

HomeLet Landlord's Insurance

You’ll see that Landlord’s insurance is mentioned but it’s worth noting that, as a tenant, it’s probably a good idea to have your contents insured. A typical policy for an average household is usually between £10-£20 per month.

Do you rent your home or do you have any experience of renting?

If you’ve got any tips to share please do pop them in the comments below so that anybody else reading this who might be new to renting can take the benefit of them.

Lucy Signature

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