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Ultimate Guide To Renting A Flat For The First Time

Ultimate Guide To Renting A Flat For The First Time
As a result of the current housing market and the subsequent problems with mortgage affordability, more people are seeing renting a home as the best possible option. And there certainly are plenty of benefits to renting a flat for the first time in Leicester.

But, whether it’s the first home of your own, or you’re simply renting somewhere for the first time, the fact that you’ve not done it before might well make it feel like an alien concept.

To give you a hand, we’ve put together a list of the things to think about when looking for a place to rent in our ultimate guide to renting a flat for the first time.

What to do before starting 

Before looking around and falling in love with a property, it’s always a good idea to take stock of your finances and work out what you can afford.

When setting a budget, take into account factors such as the fees to set up the tenancy – deposits, security deposit, payment of rent in advance, cost of references and any credit checks that need to be made, also the cost of moving. (Here at Queen Street Apartments we have no admin or referencing fees!)

Then, in your monthly budget, work out if the cost of the rent can be covered. Also, when renting a flat for the first time, have a think about how long you might want to stay there for.

Often tenancies are a minimum of six months, so if you need somewhere more temporary than that, it might be worth re-considering your options.

Deciding where to live 

Transportation

You might find the perfect place to rent in Leicester, but if it’s in the wrong location for your needs, then it could be a bad decision. In addition to checking your budget and deciding on the size of property you need, take a look at the local area. Ask yourself questions that you need to know the answers to before deciding where to live, such as:

  • Is it a safe area to live in?
  • Is it near to the sort of local amenities that you need?
  • What is the parking like?
  • Is public transport available nearby?
  • Do you want a furnished or unfurnished place?

Work out what’s most important to you, with regard to location, and make sure that the place you’ll be renting has it available.  In addition, never feel scared to chat to the people who live there already and find out more about the place you could soon be calling home.

The benefits to renting

The benefits to renting a property

So, we mentioned above that there are lots of benefits to renting a flat in Leicester for the first time. Here are just a few of the best:

  • Flexibility – you aren’t tied down to a mortgage and living with someone long term
  • Moving into rented accommodation costs much less time and money
  • Maintenance costs and work is taken care of by the landlord
  • Less commitment involved

To find out more about the benefits of renting have a read of our handy blog.

Questions to ask when viewing a rental property

questions to ask when viewing a property

Once you’ve found the right place to rent, then it’s important to make sure to ask all the right questions and do all of the right checks before you move in.

Remember, first impressions can be deceptive, so make sure you know what you’re taking on before you sign the tenancy agreement.

As well as taking a very close look at the inside and outside of the accommodation, there are a series of questions to ask when viewing a rental property such as fees payable, facilities available and whether there is an onsite maintenance team.

Tenant Responsibilities

Painting

As a tenant renting a flat for the first time, there are a few responsibilities which you will need to fulfil.

For example, the landlord will need to check that you have the right to live in the UK. You will need to make sure the rent is paid on time each month (as you would with a mortgage).

In addition, while the landlord is responsible for any repairs and maintenance on the property, the tenant is responsible for taking care of it and keeping it well ventilated and in good condition.

A tenant should always ask for permission when considering taking in a lodger or making improvements to the property. They also have a duty to avoid antisocial behaviour and allow the landlord access to the property when repairs are needed. Reasonable notice must be given by the landlord that they intend to enter the property for this reason. 

Tenancy Agreement

ContractSigning

As part of the tenancy agreement, your landlord must know in advance if you want to end your tenancy – this is called giving notice.

When and how much written notice you give will depend on the type of tenancy you have. Check whether you have a fixed term tenancy (you must pay rent for a fixed time) or periodic tenancy (you can end your tenancy at any time by giving notice) – these are important factors to be aware of before entering into any tenancy agreement.

Reasons to consider moving to Leicester

The Best Places to Eat In Leicester

Leicester is an absolutely fantastic place to live, with a whole host of things to see, do and enjoy. If you’re looking for a great night out, for example, we have some of the very best places to eat in Leicester right on our doorstep. And, of course, being so close to the town centre, we’re just a stone’s throw away from the best bars and nightclubs.

At Queen Street, being located near the Cultural Quarter is a huge benefit too, as, in addition to the great bars and restaurants, you’ll get to enjoy arts and culture to a vast extent, at superb venues such as Curve theatre and Phoenix Leicester for a wealth of independent film, art and digital culture.

Why you should choose a Queen Street Apartment

Swimming Pool

In addition, the Queen Street Apartments have some excellent facilities within the buildings, which are solely for the use of our tenants, these include your very own concierge service, indoor heated pool, sauna and fitness suite… just some of the great reasons why you should choose a Queen Street Apartment.

Get in touch with a member of our team today to book your viewing and find out more.

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