First Time Renter needs some help!!

megancook

Hi everyone, i am planning to move into a property with my boyfriend but i would just like some help with budgeting. I am a degree student so money is very tight!! I plan to work as much as i can, my partner works as a taxi driver so he is hardly rolling in it!! I am trying to budget for gas electric etc i just want to check i havent missed anything out, your help would be very much appreciated!! Hope to hear from you all soon

Megan xx

megancook

No worries about being blunt i am already living in student accomadation which is around a £100 per week i will have just about covered the rent with that figure alone. I have some of my loans left over to pay for bills etc and with my partners money we are pretty sure we will have enough. My previous employer has said that i can always have a job ( i worked as a home carer before i moved to uni) and that there are always plenty of shifts to cover!! hehe my partner earns around £700 per month with an average of £500 left over once he has payed his bills, so im hoping we should have enough

Geenie

Good luck Megan.

Off the top of my head, Deposit at start of tenancy. Then monthly...... Water Rates, Council Tax, Contents Insurance, TV/Broad Band. You should be given an EPC, Energy Performance Certificate when looking around a property, which should give some indication of how much it will cost to heat and provide hot water for the property.

My advice is don't over stretch yourself. There is nothing worse then struggling to pay bills and getting in over your head. Budget before hand and if necessary lower your standards of what your first home together should be like. OH and I lived very frugally in our first years together, sleeping on a loaned double inflatable bed and keeping our clothes in card board boxes. It can be done and you will come out the other side all the better for it.

megancook

Geenie wrote: »

Good luck Megan.

Off the top of my head, Deposit at start of tenancy. Then monthly...... Water Rates, Council Tax, Contents Insurance, TV/Broad Band. You should be given an EPC, Energy Performance Certificate when looking around a property, which should give some indication of how much it will cost to heat and provide hot water for the property.

My advice is don't over stretch yourself. There is nothing worse then struggling to pay bills and getting in over your head. Budget before hand and if necessary lower your standards of what your first home together should be like. OH and I lived very frugally in our first years together, sleeping on a loaned double inflatable bed and keeping our clothes in card board boxes. It can be done and you will come out the other side all the better for it.

Thank you believe me the houses arent fantastic hehe and i dont live a fancy lifestyle, im a farmers daughter so im used to the rough and tumble plus the veryyyy cold life hehe Thanks for your support i just hate uni accomadtaion its awful here and its supposed to be the best one around!! hopefully things will work out Thank you for your help

azkaban420

Hi there,

Just wanted to add, don't forget things like Freecycle where you can probably find a lot of things to help you if you haven't already got items of furniture etc. Also pop over to the other forums like 'Bargain buys, sassy shopping' etc to help you budget well and limiting over-spending.

It can be done, you just need to try hard and think positive

Good luck,

Az

megancook

Im definately up for freebies!! Hehe thank you

Geenie

megancook wrote: »

Thank you believe me the houses arent fantastic hehe and i dont live a fancy lifestyle, im a farmers daughter so im used to the rough and tumble plus the veryyyy cold life hehe Thanks for your support i just hate uni accomadtaion its awful here and its supposed to be the best one around!! hopefully things will work out Thank you for your help

If you are a farmers daughters I know you will have your head screwed on Megan.

megancook

Yep!! I figure that a home is only what u make it, if we can get somewhere cheap we can make it special, who needs fancy gadgets?!? i certainly dont!! Bog standard for me hehe