Checklist for renting a property.
September 29, 2014
When you decide to rent a property, a considerable amount of time and money is spent in selecting something that suits your respective needs and unique preferences. Moreover, the property that you rent could be your home, office, storage area or workshop for the foreseeable future.
Therefore, it always helps to ensure that you are as organized as possible so that you can not only save a great deal of time and money, but also get something that specifically caters to your needs and wants.
Whenever you rent a property, some emotional reactions and attachments are bound to crop up from time to time. Emotional attachments are fine as long as they don’t hinder your judgements and prevent you from selecting something that offers a perfect balance between what you need and what you desire.
Here is a check list of some of the questions that you should be asking yourself and a list of all the things that you should always be on the lookout for when it comes to a rental property.
Questions about the exterior condition of the property that need to be answered
- Does the property seem to be in a decent condition?
- Does the property have a garden?
- Who shall be in charge of maintaining the garden?
- Do you need a garden? Properties with gardens could be more expensive.
- How do you rate the security offered by the property?
- Does the property have any alarm and entry phone system?
- Does the property have secure locks and bolts?
- Is there any history of burglary or theft for the property?
- How secure are the external doors?
- Will you have proper access to public transportation systems?
- How do you rate the area?
- Do you see any potential threats/ nuisances to your peaceful occupation of the property?
Questions about the interior condition of the property that need to be answered
- Is the property in a decent condition?
- Did you find any traces of damp, infestations or flaking paint?
- Does the property have central heating systems?
- Are the radiators functioning properly?
- Did you find any broken or damaged furniture or appliances?
- Do you see any signs of loose wires or faulty plugs?
- Is the property insulated properly?
- Does it have double glazing?
- Will the property offer you with enough storage space for all your belongings?
- Does the kitchen offer a decent work area and adequate cupboards?
- Does the kitchen offer with any equipment and utensils? If yes, are they in a usable condition?
- Does the bedroom have curtains or blinds?
- Do you find the bathroom(s) shower(s) to be satisfactory?
- Will you be allowed to change/ alter the interiors or the decorations?
- Does the property offer WiFi or Broadband connectivity?
- Does the property have adequate electrical points?
- Some council’s such as Newham, London require landlords to have a landlord license. This license ensure landlords comply with guidelines and gives tenants better protection from rogue landlords.
Safety checks to be conducted
- Verify whether safety checks have been conducted for all appliances. Ask whether the proper papers are available for verification.
- Ensure that the windows on the ground floor have proper locks.
- Verify if there is a burglar alarm installed in the premises.
- Does the kitchen have a fire extinguisher and a safety blanket?
- Do the furnishings comply with the fire safety regulations?
- Does the property have carbon monoxide detectors?
- Does the property allow easy escape in case of a fire?
- Does the property have adequate smoke alarms?
- Is the Landlord’s Gas Safety Record available for verification?
Things to be considered from a financial point of view
- What is the rent that the landlord is asking for?
- Is the property worth the price?
- What bills are included in the rent and what expenses are you liable to pay for?
- What is the amount of security deposit?
- What are the terms for return and deductions from the security deposit?
- What are the approximate running costs that you would have to bear on a monthly basis?
- Can you afford the rent and the other costs associated with the property without altering your lifestyle drastically?
Things to remember
- Make sure that you get written permission from the landlord before conducting repairs in the premises.
- Perform a thorough check of the inventory before you move in.
- Contact previous tenants and enquire about their experiences in the property and with the landlord.
- Make sure that you have a signed copy of the tenancy agreement.
- Make sure that you understand all the terms and clauses mentioned in the agreement. Get legal help if you’re not sure.
- Verify the meter readings on the day you move in.
You May Also Enjoy
Essential Garage Storage Solutions for Small Spaces
Maximize your garage space with practical storage ideas that keep your items organized and accessible. If you’re dealing with a smaller garage, smart solutions can make a big difference in keeping your space neat and usable. 1. Wall-Mounted Storage Wall-mounted storage is an excellent way to save space and keep your garage organized, especially in…
Read More 
How to Protect Your Property from Flooding and Water Damage
Flooding and water leaks can cause significant damage to your home or office. However, many issues can be prevented by taking proactive measures to protect your property. In this article, we’ll explain how to minimize risks and prepare for potential water-related threats. 1. Inspect and Maintain Your Plumbing System One of the most common causes…
Read More 
ONS House Price Index – November 2024
Headlines Average UK private rents increased by 8.7% in the 12 months to October 2024 (provisional estimate); this is up from 8.4% in the 12 months to September 2024. Average rents increased to £1,348 (8.8%) in England, £766 (7.9%) in Wales, and £976 (6.6%) in Scotland, in the 12 months to October 2024. In Northern…
Read More 
Foxtons Lettings Market Index October 2024
Headlines October saw the highest level of new stock entering the market, with an 8% increase from last year, the highest increase in four years October’s demand is marginally lower than last October and decreased 32% from September, as expected during this time of year Following a yearly high of £593 per week this September,…
Read More 
Breaking Property News 20/11/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Proptech powered lettings service for BTR developers needing pre-approved, quality tenants at speed gets funding A proptech-driven letting agent has secured close to £500,000 during its first equity investment raise. Property Sense, headquartered in Stockport but operating nationally, secured the half a million pounds in…
Read More 
Why November and December are the best and most affordable months to buy
Buyers and sellers looking for the right time to move can consider top reasons from property experts to start the process this November and December. The autumn and winter months may not be the first that come to mind when considering a move, but potential buyers and sellers can be reassured by the experts that…
Read More