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bidding on montly rental price

is it 'acceptable' to bid a Letting agency on a property? the house im looking to rent is 600pcm but anything less than that would be a bonus

Comments

  • So long as it is "acceptable" to you to be told to take a hike if you offend.....

    When it comes to money, it is always "acceptable" to try and get a bit off, just prepare to be knocked back.
  • Hi,

    We have rented two flats, the first time we offered £650 on a flat advertised at £675 and it was accepted. We have recently moved and the new flat was advertised at £750 we offered £700 they said no, so we agreed to pay what they were asking. My sister also got a reduction in her rent - so it is always worth asking!!!
  • SquatNow
    SquatNow Posts: 2,285 Forumite
    You can offer any amount you like.

    Given that the rental market is FLOODED and many landlords are suffering DEVESTRATING voids, I'de start VERY low, probably 1/3 below asking price.
    Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.
  • A 1/3 below may get you laughed at tbf.
    I asked a similar question a few weeks back, and decided to haggle myself. Place was on for 650, offered 595, agreed at 625. Saving 300 per year.
  • dekh
    dekh Posts: 237 Forumite
    Shy girls get nowt. It can't hurt to try, good luck :beer:
    :think:
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    Interesting, I asked this question yesterday :D

    Maybe someone needs to edit that " A Tenant's guide to renting" thread?
  • If you can offer 3 months up front rent then you have more bargaining power. I would not offer any longer at the moment due to people getting repossesions etc but 3 months shows the landlord your serious.
    Lets get this straight. Say my house is worth £100K, it drops £20K and I complain but I should not complain when I actually pay £200K via a mortgage:rolleyes:
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