Renting a house first time.

Lechop

I tried googling it but there doesn't seem to be any site that tells me how much it costs only what tax band it is in =/


thank you for the help and patience so far.

Excited13

Do you have money in savings for the extras such as furniture, connection charges etc?

In theory there should be no problems with the rent and your take home pay. If you have savings and you are careful with your money then good luck

fashionlover10

You also need to remember to factor in the tv licence fee if need be and your water rates.

GwylimT

Lechop wrote: »

I tried googling it but there doesn't seem to be any site that tells me how much it costs only what tax band it is in =/


thank you for the help and patience so far.

The link below will be able to tell you how much your council tax will be each year.

http://council-tax-rates.com/index.php/rates-by-council

swingaloo

Water rates
Electricity
TV Licence
House Insurance
Travel costs to work.

And don't forget the possible rent increase after your first term!

Lechop

I tried typing in falkirk council but it doesn't show any results.
Is house insurance a mandatory cost?

Like can i choose to not pay it?

the tv licence isn't that bad for our area especially between 2 people but thanks for the heads up

GwylimT

Lechop wrote: »

I tried typing in falkirk council but it doesn't show any results.
Is house insurance a mandatory cost?

Like can i choose to not pay it?

the tv licence isn't that bad for our area especially between 2 people but thanks for the heads up

TV licences cost the same in every area.

Contents insurance is optional, it depends on whether or not you can afford to replace all your belongings if you are burgled, the flat is flooded, there is a fire etc.

So looking on the internet Band B council tax is £832.22 a year, this means your water rates will be £306.11 a year unless the property has a water meter in which case it will clearly vary depending on how much you use.

Lechop

So that would roughly be £95 pound a month i see it being do able but just wanted to check with you guys since this is our first time doing this.

Lechop

if there was a flood through faulty plumbing the landlord would be responsible would he not?

GwylimT

Lechop wrote: »

if there was a flood through faulty plumbing the landlord would be responsible would he not?

No, your belongings are your responsibility.