Find a Property to Rent
Whether you have rented before or this is your first time, when you rent a home there is a lot to think about:
Does the property meet your needs?
Any factors need to be considered, including:
- Cost – how much is the rent and will you need to pay extra for bills?
- Location – is the property close to local amenities? i.e. shops, doctors , schools etc.
- Infrastructure – are there good transport links? i.e. trains, buses etc.
- Size – will the property accommodate the needs? i.e. number of bedrooms required.
What type and length of tenancy should you have?
If the rent on the property is less than £25,000 per year and you do not live with the landlord, the tenancy automatically becomes and Assured Shorthold Tenancy (AST). AN AST usually lasts for 6 to 12 months unless you agree a fixed term for the tenancy in advance with the landlord.
What happens at the end of the tenancy?
When the fixed terms of the tenancy has expired, the landlord is able to gain back possession of the property provided they give two months written notice to the tenant. In addition, if you owe at least two months or eight weeks rent, the landlord can ask you to leave.
What can you afford?
Before you even look at a property, work out what you can afford by looking at what your basic outgoings are likely to be. For instance:
| £_________ | The monthly rent. |
| £_________ | The costs of getting references. |
| £_________ | Inventory and tenancy agreement costs |
| £_________ | The deposit and maintenance costs. |
| £_________ | Council Tax |
| £_________ | Water rates, gas, electricity and telephone charges. |
| £_________ | TV Licence. |
| £_________ | Insurance for your belongings |
| £_________ | TOTAL |