Archive for Lettings

Tips for Students Renting Their First Property

Tips for Students Renting
As far as a university student is concerned, renting the first property with a group of friends will be an exciting and rejoicing experience. But sustaining that excitement calls for flawless selection of the property as the student lettings market is a stressful place and those lacking in the rental know-how to distinguish between good and bad properties will be in regret.

Take Professional Help

To avoid the common pitfalls in student renting it is better to enlist the help of a professional letting agent as a middle man between the students and landlords. When a student renter is looking to rent an apartment or house, take along a few others also who are in the same situation. Involving a few others will be helpful in not only sharing the bills but also in networking with other people.
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Tips For Renting: Be Methodical

Introduction: Patrick Collinson, Money Editor of the Guardian newspaper in a public lecture offers some tips for renting a property in a hassle-free manner. The tips are useful in avoiding the common pitfalls involved in a house hunt.Tips For Renting

London has millions of properties to rent. But It is quite common to see disputes arising between landlords and tenants on many issues because proper due diligence was absent while finalizing the rent deal.

To avoid such pitfalls, follow a method. So if you are looking for an apartment to rent in London, it is better to go methodically. There are many letting agencies and estate agents who can be of assistance to rent apartments in London.
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Landlord’s Compliance With Regulations Covering Rented Properties Very Important In A Bonafide Deal

Introduction: Complying with certain regulations is important for letting a residential property. The landlord must make sure the mandatory requirements are fulfilled before a tenancy formally starts

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Complying with certain regulations is very important in the matter of letting out a residential property. Rental properties in London constitute 15 percent of the total number of homes. There is a wide range of tenants including students, families; high earners; young professionals and migrant workers. Their level of awareness will be different.
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Merits Of Tenancy Deposit Scheme

Tenancy Deposit SchemeThe Tenancy Deposit Scheme (TDS) has been developed to ensure that the deposits are protected and disputes about their return are resolved swiftly, inexpensively and impartially.

Evolution

The TDS was set up after years of complaints by tenants that many landlords are not returning deposits claiming expenses without justification, relying on tenants reluctance to take the matter to court.
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Tenancy Agreement: The Lifeline of A Rental Deal

In any rental deal (monthly or weekly) in London, a tenancy agreement is very Tenancy Agreementimportant. In the agreement certain categories of information as discussed below are very vital for its legality and smooth operational requirements.

Name of Parties

The tenancy agreement must contain the names of the landlord, tenant(s) and the guarantors prominently documented in the agreement.
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Stay Away From Fraudulent Property Agents

Property AgentsLondon has a thriving property market enjoying high demand. The rental market especially in housing is witnessing many scams as dishonest crooks posing as property agents dupe customers and flee with their money. The article educates all prospective tenants about such hazards and how they can avoid such scams.
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Get The Best Student Renting Locations At Best Rental Prices

Student Renting LocationsLondon attracts a large share of overseas students thanks to its position as the home to some of the best universities in the world. Student renting in London and UK in general is thriving. Students normally search a rental property in London at the start of the university term in September or October.

For a group of students to live together, a licence named House in Multiple Occupation is a must in any leased house. This is compulsory when five or more unrelated individuals share a property. Landlords also ask student tenants to get a guarantor to shoulder the costs for skipped rent or significant damage to the property.
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Tips to Renting in London

Tips to Renting in LondonThose searching for the perfect house or flat to rent in London must know where to start the search, tenancy agreements, deposit protection schemes as well as household insurance cover. But the key is a person’s own budget.

• Finding a property for rent: If you are looking for a full property to rent, you can search online on an area basis. Check the website, homesandproperty.co.uk/rent that gives around one million properties as rentals in London.

• Budgeting: Work out your budget and stick to it. Estate agents often charge administration fees for their role in the renting process. There are some one-off payments include signing a contract, checking bank references or renewal charges for signing up extended rental period. Read more

Handing Over Your House Keys to New Tenants? Meet Them First!!

Handing Over Your House Keys to New TenantsSo your letting agent in London has found a tenant for your property and you are about to handover the possession to the tenants through the agent. The agent has assured you to pass on the keys of the house to a new family who will stay in your home as per the lease agreement, as certified by the letting agent. Well, this is like recruiting a new cook in your restaurant without having tested his culinary skills! Now that’s a complete risk. So why take a blind step when it is your property in question?!
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How to Find Residential Rental Apartments in London for long term

Rental Apartments for long termLondon is an excellent place to live in for professionals who come to London and settle here for a relatively longer term of a year or more. But for such corporate travellers, buying a property of their own does not make sense. So in such a situation, long term rental apartments come in handy where professionals can find a suitable apartment to rent in London and live in a home-like accommodation.
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