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Can you offer lower price on rent?

Hi,

Currently looking at renting somewhere which i have never done before, and was just wondering if it is normal to negotiate the price per month, if the property has been sitting there empty for a while.

Also can you negotiate the minimum contract, i.e. 3 months instead of 6?

Thanks

Comments

  • RichyRich
    RichyRich Posts: 2,091 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I can't see a reason why you shouldn't make an offer, but I've no idea what general practice is regarding accepting offers...
    #145 Save £12k in 2016 Challenge: £12,062.62/£12,000.00 Beginning Balance: £5,027.78 CHALLENGE MET
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  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    Martin's Great 'How to haggle down the rent' Hunt can be found here
    http://forums.moneysavingexpert.com/showthread.html?t=1444483
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • Not sure how easy it is to lower the minimum contract length, but we've always put offers in for renting.
    One place was advertised at £595 and we got it for £575. The one we are in now was £675 and we rent it out at £625, a saving of £50!
    However if you were only wanting 3 months instead of 6, they might be less likely to negotiate on the rent.
  • neas
    neas Posts: 3,801 Forumite
    We got 50 quid off the rent...

    I went in there basically said:

    1. We havwe good jobs, we both have stable ish professions... my company made a profit last year.. so im looking like a good tenant..
    2. We wish to stay for 1.5 to 2 years at least so you will have less messing around.

    I kept to my guns and he accepted ... result £450 instead of £500 a month

    We were in 1 bed furnished property... for 495... now we moved to a 2 bedroom unfurnished property for 450.... so the money we save in petrol/rent we can outfit the flat with and actually own the furnishing etc

    HTH
  • rs82uk
    rs82uk Posts: 154 Forumite
    Our current place we had seen on the market for ages so managed to get £50 a month off so yes you can.
    Making money online in 2009 to date earnt:
    Since January 2009
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  • monkeymaster
    monkeymaster Posts: 202 Forumite
    seabass wrote: »
    Hi,

    Currently looking at renting somewhere which i have never done before, and was just wondering if it is normal to negotiate the price per month, if the property has been sitting there empty for a while.

    Also can you negotiate the minimum contract, i.e. 3 months instead of 6?

    Thanks

    Definately negotiate. The last place I was in I argued when the landlord tried to put the rent up by £30 and he backed down. The place I've just moved in to I got £25 a month off - I'd asked for £75 off but unfortunately needed to move fast so wasn't in a strong position.
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