We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Would you rent a for a while until finding next home?
Options
Comments
-
Similar to amandacat. We decided to move into rental rather than lose our established chain after our vendor withdrew from sale. Couldn't find 6 month rental but were given lifeline by friend who offered elderly mum's furnished bungalow - miles away - as stopgap. It wasn't easy, moving twice & cost lots extra for storage etc but was worth it to complete sale of our 'marmite' home of 20 years.
NO WAY would I contemplate doing it in order to keep existing house as an investment though.0 -
I'm a big fan of renting first, especially if you're not quite sure where you want to be, where work may be, or it's a new area for you. While there's some costs to renting, it's MUCH cheaper than buying the wrong house and having to sell/buy again.
The only thing to check is that there are rentals available in the area you're thinking of. And if you have pets, that there are any that are happy with pets. We relocated to a tourist area and there are very few rentals as any spare houses are run as more lucrative holiday lets, so finding one was a bit hairy.
Most landlords/agencies these days will want an initial 12-month contract. But by the time you've got settled, decide what and where you want, found a house and done the purchase process, 12 months easily passes.
When viewing, don't tell them it's definitely short term - may put them off renting to you, plus you never know, you may end up staying longer.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards