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Tenants: What You Need to Know

When renting a property, there are many things you have to consider in order to ensure that it is...

When renting a property, there are many things you have to consider in order to ensure that it is the right property for you. We at Belvoir believe that tenants should have all of this information available to them, so here we will give you our advice on how to find your ideal rental property.

Cost

There are many costs involved when proceeding with the lease of a property. Aside from ensuring that you can afford monthly expenses such as rent, council tax and utilities, you must also make yourself aware of any fees or deposits you may need to pay when signing a lease, as these can vary between letting agencies, clients and properties. Fees and charges involved in renting a property can include all or any combination of the following:

  • Deposit
  • Tenant application fees
  • Tenant administration fees
  • Late rent payment charges
  • Returned cheque and standing order charges
  • Breach of tenancy letter charges

Furnished or Unfurnished?

It is important to know what you want from the property you are going to rent, and one of the factors you should decide upon before beginning your property search is whether you would like your property to be furnished, unfurnished or part-furnished. All three options have both advantages and disadvantages, but ultimately it’s important to choose the right one for you.

References

When you apply to let a property, the letting agent will typically take references from you on the landlord’s behalf. These are to ensure that you are an appropriate and trustworthy candidate to lease the property, and also to confirm that all information you have provided is correct. Your referees will typically be the following:

  • Your current employer
  • Former landlords (if applicable)
  • Character reference

When renting a property, it is important that you know all of the necessary information as well as your requirements. If you require letting agents in Sutton Coldfield, we at Belvoir pride ourselves on providing excellent customer service as well as offering a wide range of properties for lease. Contact us today by calling 0121 321 3388.

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