Whether you're an experienced tenant, a new student faced with renting for the first time, or simply looking for a short-term property to rent, renting a property can sometimes be a little daunting.
Take a look at Primelocation.com's renting guide for a host of helpful hints and tips on how to rent property, whether you're after a house, apartment, studio flat or a room.
Set yourself a manageable budget and stick to it. Letting agents market rental properties either by stating the weekly rental price or the monthly rental price. Be aware that a £400 a week rental price does not mean a cost of £1,600 a month. Multiply the weekly rent by 4.33 to get your monthly rental costs. Try not to be tempted (or let your agent tempt you) into looking at properties beyond what you can comfortably afford.
Search for property to rent on Primelocation.com now and look at the local prices, both to make sure that your budget is sensible and to get an understanding of what your budget is likely to achieve in the current market.
Use the Primelocation.com Rental Price Index if you are interested in trends in rental prices.
In addition to your rental costs, you'll also need to budget for other related expenses. These might include:
There are plenty of factors to consider when thinking about the location of a property. It is important that you prioritise what's most important to you in terms of location before starting the search, as this will save time in the long run.
For example, how important are the local amenities to you, the commute distance to work, accessibility to restaurants and bars, access to public transport, closeness to friends or relatives, crime rates, neighbours, etc.? All of these things will vary in importance, but it pays to prioritise them, and any other factors that may be relevant, to help you determine your ideal location and to make your search as efficient as possible.
For more information on particular locations you may already have in mind, why not search for a suitable property?
There are plenty of options for those looking for property to rent in terms of the types of accommodation available, but much will depend on your personal circumstances and your lifestage. The types of property might include:
Many rental properties will be listed as being furnished or unfurnished, while in some cases the landlord may be flexible about letting you decide which option you prefer. While a furnished property may take away the hassle of having to buy lots of new furniture, damaging the existing landlord's furniture or fittings may increase the risk of your deposit being swallowed up.
Once you have a firm idea of what you're looking for and where, it's time to start searching for the right rental property for you. These days, searching for rental properties has never been easier and there are plenty of ways to track down the one for you.
A property portal, such as Primelocation.com, is the best place to search tens of thousands of properties all over the country and abroad. In fact, according to research by Primelocation.com, property hunters rate the Internet as their preferred and most used source for finding property. You can search for property to rent on Primelocation.com right now.
There are many advantages of searching online for property to rent, including:
Other ways of searching
In addition to the Internet, there are a number of other ways you can search for property. These might include:
If you're looking to rent, read a renter's guide - advice for tenants for more information.
Be aware, once you've found a rental property, letting agents will charge you a fee to handle administrative work, such as checking references. These administrative costs can range from £25 to £150 or more, depending on the agent, the property and the location. In addition, they may also ask for a holding deposit of £50 to £200 or more to secure the property for you, and will subsequently deduct it from your first month's rent. Try and establish these costs with the agents in advance of your search as they may vary.
Before you begin the task of viewing a property, make sure you clarify with the agent that the house or flat meets your requirements so you don't waste any time. While you're viewing an unsuitable property, you may be missing out on the one that's right for you.
Take a look at our rental property viewing checklist for everything you need to know about what to look out for in a rental property and questions to ask the agent or landlord.
Very occasionally, things can go wrong. If you have a complaint about the conduct of an agent, you can contact the Ombudsman for Estate Agents (OEA). The OEA provides an independent service for dealing with a dispute between member estate agents and consumers who are actual or potential buyers or sellers of residential property in the UK.
The OEA will advise on alternative routes to take if the estate agent you wish to complain about is not a member. You can also contact the local Council's trading standards department.
The content provided in the Primelocation.com guides is for information only. In all cases, independent and professional advice should be sought before buying, selling, letting or renting property, or buying financial services products.
Registering your details with letting agents is one of the more common ways to source a property. You can either visit the local agents on the high street or you can find a local letting agent on Primelocation.com. Here are a few tips to remember when dealing with letting agents:
Before you begin the process of finding a suitable house or flat to rent, give as much consideration to your requirements as you would if you were buying. After all, the property will be your home for the next six months, twelve months or even longer. Be clear about the kind of property you're looking for, where you want to live, what amenities you need to be close to and the budget you have available.
Houses and flats to rent are generally on and off the market more quickly than properties for sale, so you'll need to move quickly and be ready to pounce when the right property arrives on the market. Some considerations might include:
Before you begin the process of finding a suitable house or flat to rent, give as much consideration to your requirements as you would if you were buying.