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Renting A House

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Has anyone rented a house before? Are you allowed to ask the agency renting you the house - who the neighbours are? - why was it derelict - the area like? - did someone pass away in the hous… Read More
kapows Avatar
banned7y, 8m agoPosted 7 years, 8 months ago
Has anyone rented a house before?

Are you allowed to ask the agency renting you the house

- who the neighbours are?
- why was it derelict
- the area like?
- did someone pass away in the house?

Is it as simple as just pay your rent and sort out all the energy and water and gas and furnishings yourself?

And lastly, why would rent be £50 PCM (Per Calendar Month??) for a 5 bedroom terraced? Would the area be that bad?

PLEASE state what other questions i should ask? Cheers
kapows Avatar
banned7y, 8m agoPosted 7 years, 8 months ago
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Comments/page:
#1
£50 for a 5 bed terraced? impossible!!!!
#2
im involved in propetry, renting is never a good idea, unless you cant get a mortgage

i suspect they mean £500 PCM, and the £50 was just a typo
banned#3
muffin247
£50 for a 5 bed terraced? impossible!!!!


I know!!

Im assuming it is a typo -
banned#4
black gerbil1
im involved in propetry, renting is never a good idea, unless you cant get a mortgage

i suspect they mean £500 PCM, and the £50 was just a typo


Why isnt renting a good idea?
1 Like #5
Per Calendar Minute more like!
seriously, cheapest ive ever seen a 5bed house for rent is £500 and that was a short term let only.
The rest of your questions...yes
banned#6
JayIce
Per Calendar Minute more like!
seriously, cheapest ive ever seen a 5bed house for rent is £500 and that was a short term let only.
The rest of your questions...yes


Are their any other questions i should ask please?
#7
kapows
Why isnt renting a good idea?

you are throwing money away. I have houses on rent to people.

you pay £500 to live there for a month and you wont see that money again. If you buy a house, then pay £500 a month mortgage, least you can sell the house after, wereas with renting you get nothing.
banned#8
black gerbil1
you are throwing money away. I have houses on rent to people.

you pay £500 to live there for a month and you wont see that money again. If you buy a house, then pay £500 a month mortgage, least you can sell the house after, wereas with renting you get nothing.


Aye but it is pretty obvious that people rent cos they cant get a mortgage.

Im a first timer so i dont think ill get a mortgage.

Is a first timer entitled to a mortgage for a house that is over £120000 - 150000?
I should ask the bank shouldnt i lol
#9
a 1st timer could get a £1mil mortgage if their earnigs justified it ;)
banned#10
JayIce
a 1st timer could get a £1mil mortgage if their earnigs justified it ;)


Zero savings? LOL Mine dont :)
#11
hhow old are you, and were are you living @ the moment?
#12
black gerbil1
im involved in propetry, renting is never a good idea, unless you cant get a mortgage

i suspect they mean £500 PCM, and the £50 was just a typo


any thing else you want to think your involved in ? :lol:
banned#13
Renting is a good idea if you don't trust getting a mortgage with 4 other people :thumbsup:

I was paying £700 per month split by three, then it went down to two for a 4 bed detached house with a garage.

Now paying £1000 per month (£3-400 over what we need to) mortgage with my financée
banned#14
danny09
any thing else you want to think your involved in ? :lol:


lol i just ignore that stuff now and get down to the point otherwise this thread will be full of **** like im a millionnaire with a billion in the bank and other useless info
#15
kapows
lol i just ignore that stuff now and get down to the point otherwise this thread will be full of **** like im a millionnaire with a billion in the bank and other useless info


i should too but its too easy lol
banned#16
danny09
i should too but its too easy lol


lol when its in my thread i dont bother but i love doing it in other peoples cos its just too easy hehe :-D
banned#17
[SIZE="4"]Any other questions i should ask the agency/lettings place/people please?[/SIZE]
#18
kapows
lol when its in my thread i dont bother but i love doing it in other peoples cos its just too easy hehe :-D


exactly :p lol
1 Like #19
kapows
[SIZE="4"]Any other questions i should ask the agency/lettings place/people please?[/SIZE]


you might want to ask wether you will be subject to surprise inspections, where they just turn up to inspect the property.
How much is the deposit? when was the last rent increase? when is the next one due? is the house also up for sale?
how long is the tenancy?
can I see the gas safety certificate?
If the property is managed by a lettings agency, they will most likely do a bank search which you have to pay for, as well as a credit check, they also check you are on electoral roll and will want employer, previous landlord references.
banned#21
Those who helped and continue to help shall be repped. Thanks and keep it coming.
#22
council tax- if is it included or not.....same goes for tv licence
banned#23
kapows
lol i just ignore that stuff now and get down to the point otherwise this thread will be full of **** like im a millionnaire with a billion in the bank and other useless info


a millionaire with a billion in the bank?

would they not be a billionaire by that statement?
#24
You also might want to check whether the property comes furnished or unfurnished, are white goods (fridge, washing machine etc) included, that sort of stuff.

One thing you should definitely do when you move into a rented property is take a note of the gas and/or electricity meter readings when you get there, it's amazing how many people don't do this and end up paying for more energy than they should. On that note, ask who the energy supplier is and if you can change to a cheaper supplier/tarriff if you want to. And who pays the bills, you, or is it included in your monthly rent?

Can you get Sky tv installed (thinking about installation of the dish if there's not already one there).

Take an inventory and condition of all the property in the flat when you get there too - you might find the landlord has already done one and you just need to go round and check that everything he says is there is definitely there.

Can't think of anything else that's not already been said now!!
#25
"you pay £500 to live there for a month and you wont see that money again. If you buy a house, then pay £500 a month mortgage, least you can sell the house after, wereas with renting you get nothing."

With £120k mortgage at a 5% interest rate you'll be paying £500 a month in interest. You don't get that back either!
#26
civms47


One thing you should definitely do when you move into a rented property is take a note of the gas and/or electricity meter readings when you get there, it's amazing how many people don't do this and end up paying for more energy than they should. On that note, ask who the energy supplier is and if you can change to a cheaper supplier/tarriff if you want to. And who pays the bills, you, or is it included in your monthly rent?

Take an inventory and condition of all the property in the flat when you get there too - you might find the landlord has already done one and you just need to go round and check that everything he says is there is definitely there.


I always take a photo of the meter readings too as back up!

The inventory type wotsit is a really very good idea. I'd highly recommend it too. If you find you need a template of one, I have one I could send over to you- just lemme know if the need arises:thumbsup:
#27
The agency will probably charge fees for when you get started.
Keep in mind a deposit will be needed,usually it's 1 mths rent for deposit and then 1 mths in advance for rent.
#28
another thing re. gas/ leccy meters- if it's a payg or a billed one - before topping up etc, call the relevant company to ensure there is no 'debt' on the meter- no money owed etc.. it's impossible to find this out by looking at the readings etc. if there is debt on the meter, then you'll be paying it off for the previous tenants..i.e., top up £10, of whic £3 will be used to replay debt, and the rest will be urs..

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