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Question for landlords/agents
the_devil_made_me_do_it
Posts: 5,567 Forumite
Have been looking at rental properties on the Rightmove website & there are a huge number of properties priced really high.
I'm wondering whether landlords/agents are prepared to haggle on asking rent? I'm not expecting a major reduction on what they are asking, just an affordable compromise.
I'm wondering whether landlords/agents are prepared to haggle on asking rent? I'm not expecting a major reduction on what they are asking, just an affordable compromise.
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Comments
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as a tenant we have haggled with rent, definitely possible IME:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
Have seen 2 properties I'm interested in. Haven't contacted the LL/agent yet as it's been the bank holiday.
Going to telephone tomorrow, see what they say.0 -
the_devil_made_me_do_it wrote: »Have been looking at rental properties on the Rightmove website & there are a huge number of properties priced really high.
So they are the going rate for the area?
Can you afford the rent for what and where you want?0 -
Enfieldian wrote: »So they are the going rate for the area?
Can you afford the rent for what and where you want?
It's irrelevant what I can afford, I just think private rental costs are ridiculous & don't really reflect what the market value of the properties are.0 -
That's exactly what rental costs are - a reflection of the market value!the_devil_made_me_do_it wrote: ».... I just think private rental costs are ridiculous & don't really reflect what the market value of the properties are.
Of course advertised rental costs are not always the same as actual rental costs, but then again, if tenants don't negotiate, then actual cost = advertised cost.0 -
I would always try and negotiate the rent, if you offer £50.00 a month less, the worse they can say is "no"!
It would help if you could give a reason for the lower rent.... it is more expensive than other similar properties .... etc.
We pay under what our current LL wanted, but agreed to to re-decorate the house and sort out the overgrown garden!!0 -
Rents are definitely negotiable. You have to remember that every vacant month is costing the landlord around £500 so if the place has been available for a while it may be in his/her interest to get somebody in even at a reduced rent.
My current place was advertised for £700pcm but had been available for a few months. I negotiated to pay £600pcm.
I have my eye on my next place already. Been available for aaaages. I intend to negotiate the rent from £500pcm to £400pcm and get the landlord to supply various white goods that aren't currently in place.
Try it, they can only say no.0 -
DannyboyMidlands wrote: »Rents are definitely negotiable. You have to remember that every vacant month is costing the landlord around £500 so if the place has been available for a while it may be in his/her interest to get somebody in even at a reduced rent.
My current place was advertised for £700pcm but had been available for a few months. I negotiated to pay £600pcm.
I have my eye on my next place already. Been available for aaaages. I intend to negotiate the rent from £500pcm to £400pcm and get the landlord to supply various white goods that aren't currently in place.
Try it, they can only say no.
One of the properties I'm looking at is £550 pcm, however, I could do with it being reduced to £450 pcm in order to make it affordable. Not sure how long it's been on the market to be honest as I've only really started looking at private rental homes.
When negotiating, do you just come out & say "are you willing to lower the rental"?0 -
I saw a lovely Porsche for sale this weekend for about £20,000.
I could do with it being reduced to £5,000 to make it affordable.
Oh hang on, I can't afford a Porsche......0 -
we asked for a £100 reduction and got £75. if you don't ask, you don't get. we did offer a longer term rent though.:happyhear0
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