We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Rental worries
Comments
-
Are you a tenant or landlord?0
-
Rental_Help wrote: »Hi, I'm thinking about renting but I've heard some horror stories. So I'm looking for some other opinions. I wanted to know what everyone's top worries/concerns are about renting? So I know if it's a good or a bad idea. Thanks.
Joking apart I took the leap a couple of years ago. For me I did not want to be called in the middle of the night or equally not get paid. I wanted to fair for the tenant and for me. I use an estate agent who manage the properties I now have.
OK yes it costs a little but for me two kids busy life it is worth it to know the money is paid and I am not called with issues they handle everything. I know that lots of other people will say it is a doddle to rent and you don't need EA but for me at least it was the best choice. Equally the properties are a pension pot so I never want to know the tenants do not want to have any emotional attachment. Instead I want to get paid on time and in return the property be looked after.
Hey may not work for you but works for me.
Ps for what it is worth I have never rented out my own home not sure how I would feel about that? We did think of keeping our old house if it did not sell in time but it did so job done.Happiness, Health and Wealth in that order please!:A0 -
Joking apart I took the leap a couple of years ago. For me I did not want to be called in the middle of the night or equally not get paid. I wanted to fair for the tenant and for me. I use an estate agent who manage the properties I now have.
.
That is not renting. That's letting.
Renting is when you are the tenant.
If you are the landlord, you are letting your property.0 -
I'm currently living with my parents. But hoping to move out soon. I've heard from people I need to be concerned about:
Losing my deposit
That someone else will have access to my home
Having security of a long term contract - one is only 6 months!
That my kids can’t be kids, as they may cause damage, but they're not trying to!
Budgeting and the cost of renting, as it sounds expensive
Not knowing my rights as a tenant - I know people that have had problems
Lack of control over what I can do to the home. I've heard stories that I can't hang pictures up!
Do I need to be worried about any of these? Has anyone had problems?
Thanks for your help.0 -
Yes, all of those things are possibilities. But they are also worst case scenarios.Rental_Help wrote: »Losing my deposit
That someone else will have access to my home
Having security of a long term contract - one is only 6 months!
That my kids can’t be kids, as they may cause damage, but they're not trying to!
Budgeting and the cost of renting, as it sounds expensive
Not knowing my rights as a tenant - I know people that have had problems
Lack of control over what I can do to the home. I've heard stories that I can't hang pictures up!
It's up to you to read up on your rights as a tenant, and budgeting is your responsibility - surely even living with your parents you need to manage your own finances?0 -
Rental_Help wrote: »I'm currently living with my parents. But hoping to move out soon. I've heard from people I need to be concerned about:
Losing my deposit Deposits are protected so if you lose it it means you have done something wrong (you may have to fight to get it back from a bad landlord but the law is on your side)
That someone else will have access to my home legally not without giving you notice first
Having security of a long term contract - one is only 6 months! A landlord will give you 6 months to check you are a good tenant. After this they may increase the term to a max of 2yrs 11mths, or they may not
That my kids can’t be kids, as they may cause damage, but they're not trying to! If your kids damage someone elses property it os only right that you should pay for it. You should be able to insure against this for peace of mind
Budgeting and the cost of renting, as it sounds expensive It varies from area to area, but yes it can be
Not knowing my rights as a tenant - I know people that have had problems. There is lots of advice out their both online and CAB, Shelter etc.
Lack of control over what I can do to the home. I've heard stories that I can't hang pictures up! A landlord has a right to protect his property. You hang a few pictures and then move out after 6 months, landlord has holes in his wall. Most landlords will allow this kind of thing on the proviso you make good any damage when vacating, this may mean painting a whole room as unless you have the original tin of paint you won't be able to colour match. Failure to do this will result in a deduction from your deposit usually
Do I need to be worried about any of these? Has anyone had problems?
Thanks for your help.
Hope this helpsIt may sometimes seem like I can't spell, I can, I just can't type0 -
Who are these people that you are hearing things from? Why listen to these people when you could easily find out your rights as a tenant on Shelter's website?
You only lose your deposit at the end of your tenancy if you cause damage/owe rent and your landlord can prove it.
Locks can be changed - easily and by yourself.
Most AST are only 6 or 12 months long. That is a downside of renting but providing you are a decent tenant why would a landlord want to get rid of you. Short contracts give you flexibility to move for work, closer to better schools, away from nuisance neighbours, etc.
Your kids can be kids. What kind of damage do you think they would cause?
As for budgeting what's your alternative? To live with your parents from the rest of your life? You seem to be old enough to be able to procreate so it's time to put your big girl (or boy) pants on and learn how to budget.
It's not just your rights you need to know but also your responsibilities. Shelter's website is a good resource as is G_M's Guide to Tenancies in England & Wales.
Heard stories from whom? Have the told you the sky is falling down as well?0 -
Rental_Help wrote: »I'm currently living with my parents. But hoping to move out soon. I've heard from people I need to be concerned about:
Losing my deposit
There is a scheme which protects it.
That someone else will have access to my home
Change the locks when you move in. Keep the old ones to replace when you move out.
Having security of a long term contract - one is only 6 months!
Goes with the territory unless you are in Scotland.
That my kids can’t be kids, as they may cause damage, but they're not trying to!
Unless your kids are hooligans, they are unlikely to cause any damage that a bit of cleaning and some paint cant fix.
Budgeting and the cost of renting, as it sounds expensive
If you are old enough to have kids i'd have thought you are old enough to do soem simple maths of the sort income = x, outgoings = food, rent, heating etc, take one form the other.
Not knowing my rights as a tenant - I know people that have had problems
Lots of people of all sorts have problems, Land lords can have problems. learn up about your rights.
Lack of control over what I can do to the home. I've heard stories that I can't hang pictures up!
You are reading a lot of stories. Ask the landlord. Read the contract.
Do I need to be worried about any of these? Has anyone had problems?
Thanks for your help.
You need to take action to cater for things, such as budgeting.
Of course some people have had problems.
Then again, some wont have.
And some problems will be big and some will be tiny.0 -
Locks can be changed - easily and by yourself.
Not the best idea, unless as a tenant you can guarantee that you can always be in when the landlord needs to do his 6 monthly check and will always be available for emergency repairs. You can't expect your landlord to fix your leaking boiler the same day whilst you are at work if he can't gain access.
In extreme circumstances if the landlord needs emergency access for safety issues (e.g. neighbour reported gas leak) whilst you are at work or just not in then he has to break the door down which you will be charged for as you denied him access.It may sometimes seem like I can't spell, I can, I just can't type0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
