Is Private Renting Right For You?

In general, you have three choices for finding a place to live: buying a house, having your local council help you find a place, or private renting. Unfortunately, when it comes to social housing, you are rated based on how badly you need a place to live. This means that those with children and the vulnerable will be prioritised over someone who is perfectly capable. This is due to the fact that there are hostels nearby that can house you until a suitable property is available. Due to the large amount of money required for deposits, purchasing a home may not be a possibility.

That leaves private renting as probably the only realistic choice if you need a home soon, therefore we’ve put up a guide on everything you need to know about private renting so you can be fully informed.

Save for a deposit

Most landlords now ask for a month and a half’s rent as a deposit before you can move in. This is to cover your first month’s rent as well as a security deposit in case the property is damaged. This is usually repaid at the conclusion of your lease. It’s a good idea to find out how much deposits are in your location so you can start saving. If you have a low income, it is also a good idea to find someone who can act as a guarantor for you.

Arrange a viewing

It’s usually a good idea to schedule a viewing of your private leased home so that you can not only see if it’s going to be spacious enough for you, but also to see if there are any underlying issues before moving in. Quite often, landlords will conceal problems as damp, so make sure to investigate everywhere. Take pictures so that you are not held liable for damages you did not cause when you leave the property. You should also ask for a lease abstract from your estate agent so you understand everything you’re agreeing to. Don’t forget to take measurements for your furniture!

Ask if the landlord accepts DSS

Your landlord will need to know if you get benefits for whatever reason. Because of the possibility of not receiving rent payments each month, some landlords refuse to accept DSS (housing benefits). To avoid missing payments, you can have your DSS sent directly to your landlord in isolated situations. Even if you don’t receive benefits, it’s worth checking in case the need arises in the future.

Check for white goods

In certain instances, landlords have supplied white goods such as cookers, refrigerators, freezers, and washing machines. It is usually a good idea to examine whether you will need to purchase your own white goods so that you can prepare ahead of time. Properties that are already furnished with white goods may be more pricey.

Conclusion

If you follow these guidelines, you will be able to rent a private property without facing any difficulties. Best wishes in your new home!

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