England has always been a land of home buyers and not renters, unlike lots of the other countries in europe. We have always had the urge to buy more so than rent. However, times are changing, because of the instability of the economy, unemployment and job requirements resulting in relocation, more and more people are finding that renting a property is practical and flexible.
The stigma associated to renting as being the ‘poor relative’ when compared to the housebuyer has long gone and instead has been replaced as a popular and intelligent option. With government legislation focusing on the private tenant’s protection and security, it’s never been a better time to rent.
Reasons to Rent
- No committment to mortgage lenders.
- No house repairs/maintenance.
- Flexibility with areas and regions.
- No worry or stress related to interest rates.
- Government benefits and help towards rent.
- No building insurance.
- Not being tied down, the knowledge that you can serve your notice and move.
“ Although the bulk of the enquiries we receive are from landlords, we get a lot of people asking advice about becoming a tenant. Most enquiries are about tenancy agreements. Tenants who are new to renting tend to be concerned about the length of an AST. There is a misconception that landlords are likely to evict tenants at the end of a tenancy term. This is seldom the case. If a landlord is happy with a tenant, he/she will want that tenant to stay and the tenancy will just continue. As a Bristol Letting Agent, we always do our best to maintain a good relationship with tenants, and because of this we know landlords that have had the same tenant for years,”
Questions are welcome from both Landlords and tenants, we will always to our best to give honest and objective answers, relating to rented property in bristol. You can contact us on 0845 652 1428 or 1117 230 5056 or via our site www.igloolets.com
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