Renting a house first time.

GwylimT

Its a bit boring but when I was renting I would work out the finances and ensure my working out was the worst possible financial scenario, if I felt I couldn't afford that scenario I wouldn't move.

I do think if you planned meals you could probably spend less than £50 a week jointly on food and cleaning products etc.

Where furniture is concerned free cycle and preloved are fantastic, if you have a relative or friend that can pick them up for you, you can get some real bargains. Again where things like kitchen equipment is concerned you might be able to find family or friends who have surplus stuff or stuff that they don't really want or need anymore.

Are you getting a joint account for rent and bills? They're handy as on pay day you can just transfer over the amount you need to pay so you cannot accidentally over spend which can be easily done.

On the contents insurance, you could use a price comparison website to get some quotes.

Lechop

GwylimT wrote: »

Its a bit boring but when I was renting I would work out the finances and ensure my working out was the worst possible financial scenario, if I felt I couldn't afford that scenario I wouldn't move.

I do think if you planned meals you could probably spend less than £50 a week jointly on food and cleaning products etc.

Where furniture is concerned free cycle and preloved are fantastic, if you have a relative or friend that can pick them up for you, you can get some real bargains. Again where things like kitchen equipment is concerned you might be able to find family or friends who have surplus stuff or stuff that they don't really want or need anymore.

Are you getting a joint account for rent and bills? They're handy as on pay day you can just transfer over the amount you need to pay so you cannot accidentally over spend which can be easily done.

On the contents insurance, you could use a price comparison website to get some quotes.

Yeah we wouldn't be able to move in till next month but the viewing is tomorrow so i am going to see what he can leave as it is "part furnished" so if there is anything he can't leave like fridge,washing machine,cooker, ill buy it this month we have a spare sofa down stairs so we should be okay in that front and can dismantle this bed :P.

And yeah we discussed getting a third bank account just for bills where no money gets withdrawn by us only deposited so it makes things more manageable.

fashionlover10

We pay £8 a month for our contents insurance which is peanuts compared to what it would cost to replace stuff outright if it got damaged/stolen etc so I would highly recommend having it.
Also our contract states we have to have contents insurance (we had to show proof of having it when we signed contract) so check if LL of the property you're looking at asks for you to have it.

Lechop

fashionlover10 wrote: »

We pay £8 a month for our contents insurance which is peanuts compared to what it would cost to replace stuff outright if it got damaged/stolen etc so I would highly recommend having it.
Also our contract states we have to have contents insurance (we had to show proof of having it when we signed contract) so check if LL of the property you're looking at asks for you to have it.

i will look into that thank you for the help


Is there anyway to secure the property before we move in which would have to be the 28th of next month due to commitments?? is there any known practice for doing so.

Blackpool_Saver

If you think £250 a month and paying your own food bill is a lot you will have a breakdown when you start supporting yourself !!!!

Lechop

Blackpool_Saver wrote: »

If you think £250 a month and paying your own food bill is a lot you will have a breakdown when you start supporting yourself !!!!

we wrote down everything we have coming out our account on direct debit and other things it looks like we would have £200-300 on spending money throughout the month which is not bad for us considering we usually spend all our money on useless items when we have too much spare cash.

TDMum

Page 4 of this link for council tax

http://www.falkirk.gov.uk/services/chief_executive/finance/revenues/forms_and_leaflets/PDFs/council_tax/council_tax_guide.pdf

Because its Scotland we don't get water meters etc, we pay what we're told basically so over 10 months total council tax (inc water and sewerage) it would be £114.68 per month. If you chose to do it over 12 months you'd be £95.57.
Main Bills to think about:
Rent
Council tax
Gas
Electric
Landline phone
Internet
Mobile phone
Contents insurance
TV licence
Groceries
Travel costs
Emergency fund
Debt repayments (if you have any)

Good luck moving into your first home with your gf

Lechop

Oh thanks very much im wary on showing the landlord anything like bank statements since we have always had spare cash we just spend all of it very quickly and this won't look good to them =/ i don't know anyway to get around that problem.

TDMum

Have they specifically asked to see them? Not all LL/Agents ask to see them. Some just do an affordability and credit check.

Lechop

TDMum wrote: »

Have they specifically asked to see them? Not all LL/Agents ask to see them. Some just do an affordability and credit check.

Nah tomorrow will be the first time meeting the landlord to see the flat.

Is there anyway to secure the flat for 1 month before we move in?

cause we can only move in at the 28th of next month