Posted on: Friday, January 26, 2024
With the New Year bringing potential for a fresh beginings, searching for your next rental property might be one the most exciting ways to kickstart 2024. To help you get started, we have put together a list of key things to look out for when viewing properties, so you can narrow down the search and find your perfect match this year.
Powering and heating a home isn’t cheap, but high energy efficiency can remedy this. It’s important to always check the home’s EPC rating before moving in, as this will likely dictate how much you’re going to be spending on energy bills. The one exception to this is if bills are included in the rent, in which case, you’ll be paying a fixed amount each month.
A home that provides plenty of storage space is ideal for tenants who plan on sticking around for the long haul. So, whether you’re a tenant seeking your first home, or a landlord looking for a long-term agreement, keep an eye out for properties with extensive storage space.
Pet-friendly properties are becoming more popular for tenants and investors. As the Renters Reform Bill makes its way through Parliament to improve the quality of rental homes, landlords are starting to open up to the idea of pet-friendly rentals. Pet-friendly listings will always be in high demand, and if you’re a tenant on the lookout, make sure to ask an agent to help search for a home with your specific needs.
Whether it’s a garden, a balcony, or a communal outdoor area, proximity to outside space is essential for your all-around health and well-being. As working from home has become the new norm, being able to take a breath of fresh air at home is key to maintaining a healthy work-life balance.
There are endless benefits to house shares for both landlords and tenants. If you’re a single renter, having some extra company to split the bills and help with household tasks could be an attractive option. For landlords, houses of multiple occupation (HMOs) are a great opportunity to tap into the student and young professional market, which are two groups where demand is typically high.
Having a communicative and helpful landlord or letting agent on your side is fundamental to feeling happy in your home. It’s important to ask plenty of questions about property management during any viewings, whether online or in person. You’ll need to know details such as how repairs are dealt with, what the tenancy agreement entails, and how your deposit will be protected. A good agent or landlord will be responsive to any questions or concerns you have, so don’t be afraid to voice them from the get-go.
Are you looking for a rental home for 2024? Read our Guides to Renting and Letting, and contact your local Guild Member today.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.