Finding a rental property that suits you best is by no means an easy feat and there are several factors that ought to be considered to ensure you end up in a home that’s right for you.
It’s one thing trying to find a property within your budget, but when you team that with finding a property based in the right location as well as everything you desire for the interior, it becomes an increasingly tricky task trying to source that perfect place to live.
Alongside the lengthy list of features you should look for in a potential home, there is also the added competition between you and other tenants with the same plan as you. Luckily, there are certain steps you can take to ensure the process of purchasing or renting a home is as seamless and hassle free as possible.
How you can find the best property for you as a tenant
First and foremost, it would be a good starting point to ask yourself exactly what it is you expect from a new property.
Have you thought about which location you can see yourself living in and what type of property your budget would allow you to live in?
There is a broad range of desires and wants from the different tenants of today. Students desire high speed broadband and access to local libraries, professionals require quick commute times via rail or road around the country, and young families favor top performing primary schools and nearby amenities such as parks, cinemas and supermarkets.
If you are a person living on your own that is slightly strapped for cash, then a 3-bedroom house in an affluent suburb would not be the wisest of decisions. Similarly, if you are seeking a quiet, idyllic location then renting a home in the middle of a bustling city wouldn’t be the way to go.
Make sure you fully consider all aspects of a rental property to make an executive decision about what’s right for you. This way, you can spend more time fully researching the properties that you know are suited to you and begin to think about which of your desirable qualities are essential and which are less important.
It is worthwhile considering how high the demand is for each property type, as this will hopefully avoid disappointment in the long run. As the demand for rental properties is soaring, there are always tenants that have the same requirements in mind. Therefore, being a little lenient with your search may open your mind up to new opportunities you may have never even considered before, whilst still fitting your criteria perfectly.
With so many different property types to choose from, from old period buildings to new innovative structures, some people prefer the history and charm behind an established build, whereas the modern designs of new builds also capture people’s attention. New builds are generally more cost effective and have a higher rating of energy efficiency, which is ideal for those who are conscious of keeping utility bills to a minimum which allows more to be spent on rent. Unlike older builds, this type of living is less likely to encounter maintenance issues which means less money will be spent on future repairs. If this is important to you, then ensuring your property is a new build is a good move.
Once you think you have found the property that’s right for you, it is wise to view the property in person before you commit yourself to the signing of contracts or exchanging of funds. Seeing a property in the flesh can help to gauge your thoughts and help you work out if you can really see yourself living there in the future.
As soon as you are completely satisfied with the property and have weighed up the pros and cons, be sure to act fast to avoid missing out.