THE rental sector has become a landlords' market as demand has begun to outstrip supply, reducing the availability of new rental accommodation
We thought it a good opportunity to share with you 10 top tips on how to get a good deal
1 USE PROVEN CHANNELS
Few private landlords have the time, experience or desire to manage their property and instead use a letting agent. Although a tenant will pay more to find accommodation through an agent, they may well get chauffeured around a variety of properties, which is great if your new to the area. Once in situ, will should get a full inventory/condition report on the chosen property. Good agents are also more likely ensure any necessary repairs are carried out quickly and efficiently.
Few private landlords have the time, experience or desire to manage their property and instead use a letting agent. Although a tenant will pay more to find accommodation through an agent, they may well get chauffeured around a variety of properties, which is great if your new to the area. Once in situ, will should get a full inventory/condition report on the chosen property. Good agents are also more likely ensure any necessary repairs are carried out quickly and efficiently.
2 AFFORDABILITY
Renting can provide financial "breathing space". Static property prices mean tenants who save regularly may actually find themselves better off in the medium term compared to those who have been owner-occupiers for the same period. A nest-egg can be built up through not having to paying for things like maintenance, repairs, buildings insurance and, in many cases, furniture and various electronic gizmos.
Renting can provide financial "breathing space". Static property prices mean tenants who save regularly may actually find themselves better off in the medium term compared to those who have been owner-occupiers for the same period. A nest-egg can be built up through not having to paying for things like maintenance, repairs, buildings insurance and, in many cases, furniture and various electronic gizmos.
3 LOCATION, LOCATION, LOCATION
A simple rule of thumb is that the further you move from the centre of town the lower the rent will be.
However, think about supplementary, but important, issues like schools, shops and local amenities. And no matter how much of a "wow" factor a property exudes, if you need a car journey to buy basics such as a newspaper or a loaf of bread the costs will mount.
A simple rule of thumb is that the further you move from the centre of town the lower the rent will be.
However, think about supplementary, but important, issues like schools, shops and local amenities. And no matter how much of a "wow" factor a property exudes, if you need a car journey to buy basics such as a newspaper or a loaf of bread the costs will mount.
5 BE TRANSPARENT
Avoid any last-minute hitches by being completely honest with the agent or landlord. If you have a pet, for example, always ask permission before signing the lease. The same applies to special requirements - such as if you intend wholly or partially running a business from home, even if it involves merely using a laptop and some paperwork.
Avoid any last-minute hitches by being completely honest with the agent or landlord. If you have a pet, for example, always ask permission before signing the lease. The same applies to special requirements - such as if you intend wholly or partially running a business from home, even if it involves merely using a laptop and some paperwork.
6 BE PRESENTABLE
With several parties chasing one rental property, it is increasingly common for landlords to make a decision based on the personal appearance and demeanour of the potential tenants.They will let property to those they feel most comfortable with, meaning tenants giving the impression of having a sense of personal responsibility and respect for other peoples' property
With several parties chasing one rental property, it is increasingly common for landlords to make a decision based on the personal appearance and demeanour of the potential tenants.They will let property to those they feel most comfortable with, meaning tenants giving the impression of having a sense of personal responsibility and respect for other peoples' property
7 PART-TIME ADVANTAGE
Tenants who intend to stay in a rented property only during the week and return home to their families at weekends are particularly welcomed by landlords as it reduces wear and tear on furniture and fittings. If this is your situation then do publicise the fact as the landlord may well be willing to compromise on the rental rate to achieve this type of tenancy arrangement.
Tenants who intend to stay in a rented property only during the week and return home to their families at weekends are particularly welcomed by landlords as it reduces wear and tear on furniture and fittings. If this is your situation then do publicise the fact as the landlord may well be willing to compromise on the rental rate to achieve this type of tenancy arrangement.
8 FURNISHED OR UNFURNISHED?
There are fewer and fewer furnished properties available these day, except for the top end market, where the target market of the landlord is for executive. Sadly often those that are furnished, lack the modern feel that so many tenants require. If you are looking for furnished, make sure the agent knows that in advance, and also make them aware of your actual requirements for furniture, so landlord say a property is furnished but do not provide either a washing machine or bed mattress. However, bringing your own furniture does avoid any broken or worn furniture issues when it comes to check out at the end of the tenancy.
There are fewer and fewer furnished properties available these day, except for the top end market, where the target market of the landlord is for executive. Sadly often those that are furnished, lack the modern feel that so many tenants require. If you are looking for furnished, make sure the agent knows that in advance, and also make them aware of your actual requirements for furniture, so landlord say a property is furnished but do not provide either a washing machine or bed mattress. However, bringing your own furniture does avoid any broken or worn furniture issues when it comes to check out at the end of the tenancy.
9 LONG-TERM OPTIONS
Most leases are six-month short-assured tenancies but these can be rolled over into longer periods, although the landlord will retain the legal right to regain possession by giving 2 months notice. Landlords like continuity so many will be willing to enter into longer-term agreements, especially when dealing with a "model tenant".
However, it is unlikely that a landlord will accept a "fixed rent" for long periods - almost certainly they will insist on a clause allowing them to increase the rent in line with inflation, and should the tenant move out before completion of the lease they will be responsible for paying rent even if the accommodation lies empty.
Most leases are six-month short-assured tenancies but these can be rolled over into longer periods, although the landlord will retain the legal right to regain possession by giving 2 months notice. Landlords like continuity so many will be willing to enter into longer-term agreements, especially when dealing with a "model tenant".
However, it is unlikely that a landlord will accept a "fixed rent" for long periods - almost certainly they will insist on a clause allowing them to increase the rent in line with inflation, and should the tenant move out before completion of the lease they will be responsible for paying rent even if the accommodation lies empty.
The level of supply can only get worse in the medium term, due to the shortage of mortgages, while there are little or no additional properties coming on to the rental market because of the collapse of buy-to-let as an investment vehicle. All that points to increasing levels of rent and reducing levels of choice. If you find the correct property and feel comfortable with the agent or landlord then act quickly and decisively.
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