Negotiating rent

mini

Hi,

Looking to sell up & rent for a while, is it posible to negotiate on the rent? I am looking for approx 10% reduction? The area has lots of empty properties to let. I don't want to offend the landlord though!

Thanks for you help

mini

linda.b_4

we moved to newcastle 11 years ago and we viewed a house that was £300 a month. We offered £270 and it was accepted. When we moved again we tried to get the price down but they weren't having any of it. so its worth a try and they can only say no.

lauraaurora

I had to rent recently, and I always tried to negotiate on the rent. The first place that we rented I managed to get the landlady down from £550 a month to £500. Problem was, that she decided after 3 months of us being there that it wasn't worth her while and told us we had to get out as she was selling up. Glad to say that after 6 months of being on the market she never did achieve her asking price (£130k for a one bed starter home), and put the property back to let again. Serves her right for being so gready!
Second flat we then had to rent, the landlord wouldn't take a reduction. But after living there for 6 months the place was in a bad state of repair, and our electricity bills were extortionate, so I asked for a reduction, and got the rent down from £650 to £600.
It's not offensive to ask for a reduction, especially if you give a good reason as to why you are offering less.
Good luck.

Tondella

unbelieveably, when i was viewing my current flat in london the estate agent told me that the landlord would probably accept a £10 reduction in rent per week from me, from £185 to £175. So of course I let him offer that on my behalf and it went through fine.

My mum rents a flat in manchester city centre, she had trouble shifting it at £750 per month (2 bed no bills) and was always being offered £700 rent, which she eventually accepted. Hope it wasn;t the estate agent offering the same advice to potential tenants that I got given to me!

galileo

Of course it is possible to negotiaTE on the rent - it is all about strength of bargaining positions and supply and demand.

As for agents, well they are in a conflict of interest anyway in acting for the landlord and tenant at the same time

mini

Thank you very much everybody, certainly makes renting seem more attractive if I think I can barter

mini

BrokeBrokeBroke

galileo wrote:

As for agents, well they are in a conflict of interest anyway in acting for the landlord and tenant at the same time

They NEVER act for the tenant (in my experience!) They work on behalf of the landlord.