Any way i can make renting instead of buying work to my advantage?

Herzlos

ReadySteadyPop said:

Herzlos said:

Financially, unless you can get an incredibly good deal on rent, you're probably not going to make money from it.

There are companies where you can essentially get dirt cheap rent for house-sitting though, so if you aren't fussy about where you are staying and have the flexibility to move around a bit, you could try that.

The other option is to make it work for you. Can you work out of a different city for a year and try something different?

What are the best one or two companies for doing this in your opinion?

I've no idea, I've never done it but read a few articles about in the past. I'm suggesting it as an option but can provide no practical advice on it.

ReadingTim

Sapindus said:

At least renting I don't have to worry about house maintenance and repair.  

The problems arise when your letting agent and/or landlord doesn't worry about them either....

ReadySteadyPop

ReadingTim said:

Sapindus said:

At least renting I don't have to worry about house maintenance and repair.  

The problems arise when your letting agent and/or landlord doesn't worry about them either....

This is much less common than it used to be, very unlikely that a landlord could avoid doing a major repair nowadays.

Herzlos

ReadySteadyPop said:

ReadingTim said:

Sapindus said:

At least renting I don't have to worry about house maintenance and repair.  

The problems arise when your letting agent and/or landlord doesn't worry about them either....

This is much less common than it used to be, very unlikely that a landlord could avoid doing a major repair nowadays.

We see tenants complaining about it on here on a weekly basis. So it's definitely happening.

theartfullodger

If you can engineer a sudden drop in property prices after you start a tenancy contract you will have created advantage for yourself, more house when you eventually buy...

(See Proudhon, "Property is theft" )

ReadySteadyPop

Herzlos said:

ReadySteadyPop said:

ReadingTim said:

Sapindus said:

At least renting I don't have to worry about house maintenance and repair.  

The problems arise when your letting agent and/or landlord doesn't worry about them either....

This is much less common than it used to be, very unlikely that a landlord could avoid doing a major repair nowadays.

We see tenants complaining about it on here on a weekly basis. So it's definitely happening.

Can you link to the threads?

[Deleted User]

ReadySteadyPop said:

Herzlos said:

ReadySteadyPop said:

ReadingTim said:

Sapindus said:

At least renting I don't have to worry about house maintenance and repair.  

The problems arise when your letting agent and/or landlord doesn't worry about them either....

This is much less common than it used to be, very unlikely that a landlord could avoid doing a major repair nowadays.

We see tenants complaining about it on here on a weekly basis. So it's definitely happening.

Can you link to the threads?

https://forums.moneysavingexpert.com/categories/house-buying-renting-selling

ReadySteadyPop

[Deleted User] said:

ReadySteadyPop said:

Herzlos said:

ReadySteadyPop said:

ReadingTim said:

Sapindus said:

At least renting I don't have to worry about house maintenance and repair.  

The problems arise when your letting agent and/or landlord doesn't worry about them either....

This is much less common than it used to be, very unlikely that a landlord could avoid doing a major repair nowadays.

We see tenants complaining about it on here on a weekly basis. So it's definitely happening.

Can you link to the threads?

https://forums.moneysavingexpert.com/categories/house-buying-renting-selling

Can`t see anything on the first page, I don`t think it is a massive issue for most tenants.

ReadySteadyPop

Herzlos said:

ReadySteadyPop said:

Herzlos said:

Financially, unless you can get an incredibly good deal on rent, you're probably not going to make money from it.

There are companies where you can essentially get dirt cheap rent for house-sitting though, so if you aren't fussy about where you are staying and have the flexibility to move around a bit, you could try that.

The other option is to make it work for you. Can you work out of a different city for a year and try something different?

What are the best one or two companies for doing this in your opinion?

I've no idea, I've never done it but read a few articles about in the past. I'm suggesting it as an option but can provide no practical advice on it.

Ihttps://www.housesittersuk.co.uk/

rebarRebel

Agree with most, and I’m finding myself in a similar question of buy or rent. If you plan to rent a significantly cheaper place, that would be less than your mortgage interest - definitely worth putting some of the money in high savings account. Otherwise, renting is a waste imo (coming from somebody who has always rented)