If you’re interested in moving into your first rental property, make sure to read all of the helpful tips listed below.
A simple guide for first time renters:
- Visit numerous potential rental properties, to make sure that you choose a property which offers excellent value for money
While you may be tempted to sign a rental agreement after touring just one rental property, it’s well worth looking into organizing to tour several properties on the same day. That way you won’t risk losing out on a property which you’re interested into other potential tenants but you’ll also get a fair idea of what you can expect in a property for your price range.
- Ask your landlord of their property manager what your weekly or monthly rental would include
As some rental fees only cover your lease, some rental fees may include utilities such as power. So if a property is slightly more expensive than another property but offers free utilities, it may actually be similarly priced to the seemingly less expensive property.
Furthermore, some rental fees may give you access to shared community facilities such as swimming pools, gyms or tennis courts. Especially if you’re looking to rent an apartment as your first rental property.
- Read your rental contract carefully
Instead of skim ridding through the rental contract which you’re presented with, it’s well worth looking into homelet.co.uk/landlord-insurance as they can help you with reading carefully read each clause. As you may be legally obligated to pay exorbitant penalties for breaking some of the terms of your contract. So it pays to be sure about the contact which you plan to sign, before signing on the dotted line.
- Ask your landlord or property manager whether or not you’re allowed to make any cosmetic changes to the property which you are interested in moving into
As an example, if you don’t like the color of the bedroom walls but love the location and price of a property, it’s well worth asking your landlord or property manager whether they would consider allowing you to give their property a makeover.
Keep in mind that your request is more likely to be accepted if you offer to pay for the cosmetic changes which you’re proposing yourself. Or if the cosmetic changes which you hope to make may increase the value of your landlord’s property.
- Make sure to carefully pack all of your belongings so they don’t get damaged in transit to your new home
It’s also well worth making sure that your furniture, decoration, and belongings are carefully packed so that they will be less likely to be damaged during your big move. If you don’t have the time to carefully box up and protect each item with tissue paper, it’s well worth paying a reputable removal company to box your items up for you.
- Make sure not to nail any hooks into your rental property
When you move into your rental property, remember not to nail any hooks into your rental property’s walls as they will cause damage, which you’ll be stuck paying for.
So if you’re looking to move into your first rental property, it’s definitely well worth rereading this handy rental guide, in the near future!