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Making an offer on rents?

Hi there,

We are currently looking to rent, and average rent or a 2 bed flat/house is £550PCM, we've seen some for £575, which we could afford but would rather the extra in my pocket than the landlords ;-) Is it acceptable to make an offer on rent?

Comments

  • Kayalana99
    Kayalana99 Posts: 3,626 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Its acceptable but unless they are struggling for clients you'll probally find they just say no.

    Highly depends on the area...if someone is likey to have an empty house for 2-3months before they get a tennent then they would probally sign it over to you...but my Dad lets houses and he only had to advertise them for a week most before they are snapped up..you tried offering him on lower rent he would tell you where to go lol.
    People don't know what they want until you show them.
  • I think they are struggling (there are many that have been on the market for months) because the income here isn't that high. The cheaper properties at £400PCM go like hotcakes but they aren't to our taste.
  • I guess they will probably say no, but they could always say yes lol!
  • Well for £25 and choice of having the property empty an extra month+ they would be mad to say no... :D
    People don't know what they want until you show them.
  • We have done it, and agent has also suggested it. When we offered the LL said No and had the house empty for another couple of months. Whether they got their asking rent then I don't know.

    When the agent suggested it we didn't go down that route as the house needed a fair bit of work to make it even look nice and the rent was above average.

    I think it is a case of judging and comparing the rent to other similar properties. If it is higher and you don't get anything extra for the money, try suggesting a rent more in line with others.
  • Good luck with that! :D Although if you don't ask, you don't get!

    The LL in a property near to where we used to live, tried to put the tenant's rent up to £685 a month from £630, (but they managed to get out before it was due to go up) and when she put the property back on the market again, she put it up for £700. It sat there for about 2-3 weeks, and she dropped it to £675, then it still didn't go, so she dropped it to £650 and it still didn't go LOL. So it ended up being rented for the same price that the old tenants were paying: AND she lost 7-8 weeks rent. So you never know! Good luck.
  • My mate recently rented out his place as he was going abroad for work, a 2 bed flat.

    He ended up with a choice: someone who would sign for 6 months at 650 (the advertised price) or someone who offered 625, but would sign for a year. As his work contract was 1 year plus, he took the lower offer to avoid any voids while he was away.

    No reason not to ask. Whether or not the LL accepts is another story...
  • Kynthia
    Kynthia Posts: 5,692 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's a reasonable offer so worth a try. Once when I put my flat on the market I had three people rush to get it so I wouldn't have taken an offer. Another time it sat on for 6 weeks and would have eagerly accepted an offer. A sensible landlord knows that good tenants are worth more than bad or unknown tenants, and that a void usually costs more than a little extra rent each month.
    Don't listen to me, I'm no expert!
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