Renting is a great way for you to get your foot on the property ladder and offers flexibility; so, it’s no wonder it’s become such a popular choice
Time and money are just two of the major benefits of living in a rental property, and with maintenance costs being a landlords’ responsibility, it will certainly save you on both. In fact, property experts claim that the cost of upkeeping your home is around one percent of the value of the home per year. That means for a £150,000 house, you could be looking at £1,500 per year. Plus, some tenancies also include other costs such as council tax and bills – which means more potential savings.
An added bonus of renting for those leading busy lifestyles, or who are living independently for the first time, is that time – as well as money – will be saved on the managing of a property. If a problem were to arise when living in a rental property, there is only one point of contact and no need to worry about the burden of ringing contractors. Perfect! In addition, in more cases than not, the monthly rental price can in fact be less than a monthly mortgage payment in a similar sized property, in the same area. And if you’re open to sharing a property, this is an ideal way of reducing the cost of rent per person, allowing you to move to an area you may have thought was outside your budget.
According to figures released by experts, the younger generation face a challenge buying their first home to get themselves on the highly regarded, and well sought after, housing ladder.
And for young people in particular, renting a property can actually prove to be a more convenient, rewarding and flexible choice. For example, renting a house can provide urban living at a cheaper price, not to mention that rented properties are often situated close to amenities or are located in the heart of town centres. It also provides a great chance to build up your credit score, helping you when you apply to get a mortgage.
Why renting is a good option
Flexibility The flexibility of renting makes it ideal for people who are looking for a short-term tenancy, as well as tenants who are likely to relocate. Especially as the notice period of leaving a tenancy agreement is usually shorter than the time it would normally take to sell a home.
Test the area
If you’re looking to move to a new area, renting provides an ideal temporary solution to getting to know the area and settling into your new surroundings.
A reputation built on trust
Letting through a trusted estate agent, such as ourselves, and having a fixed rate tenancy agreement will mean your home and the monthly payments are secure, and you can relax and enjoy your tenancy in your perfect home.
Connect with us
View by date
Christmas time is a popular time for theft and burglaries, so extra precautions should be taken to ensure your home stays safe and festive during the holiday season It’s getting to that time of the year again when Father Christmas will soon be dusting off his sleigh and its bells will start ringing once more. …Read more...
The sun has packed its bags and the nights are getting darker. Make the most of the winter nights by creating a cosy retreat in your home If the colder, darker nights are making you hanker for a cosier home environment and reaching for your slippers, then follow our simple steps to achieving a warm, …Read more...
The ten-team tournament, featuring three time champions Australia, reigning ICC Women’s World Cup winners England, India, New Zealand, Pakistan, South Africa, Sri Lanka and defending champions the Windies – plus two qualifiers – will be played across three venues in the Caribbean between 9th and 24th November. The event kicks off at the Guyana National …Read more...
It’s the news every Spice Girls fan has been waiting for – the Spice Girls have announced their first tour for a decade, with six UK stadium dates in June next year Melanie Brown (‘Scary Spice’), Emma Bunton (‘Baby Spice’), Geri Horner (‘Ginger Spice’) and Melanie Chisholm (‘Sporty Spice’) revealed details of the reunion …Read more...
Christmas is fast approaching and with that the stress of finding the perfect gift for your loved ones. If you’re stuck for ideas, we’ve found some of this year’s top buys For her… Collagin – Gin with added Collagen If you’re looking for a unique gift, then Collagin is the answer. A perfectly blended …Read more...