Renting can indeed present challenges in various UK housing markets, depending on specific factors like location, economic conditions, changes in housing policies and shifts in demand.
Conditions for renting in Dunstable and the wider Bedfordshire area are also subject to these elements and it can help to have a few insider tips when navigating the market.
As local property experts in Dunstable, with experience connecting tenants with landlords across the region, we’ve outlined some of our most important advice below.
Don’t Leave It Too Late
Starting your search for a new place to live early allows you to consider a broader range of options and do so with ample time to thoroughly evaluate each potential property based on pros and cons.
It also provides the opportunity to secure a desirable location and negotiate favourable terms without the pressure that comes with looking for a property last-minute in a competitive market.
Many renters are being pushed out of London due to higher prices and high demand there. And many with remote working options or the willingness to relocate are coming to places like Bedfordshire and the Midlands. As such, the best rentals are typically snatched up quickly, so it’s worth beginning your search at least a couple of months before you plan to move.
Set a Realistic Budget
Setting a realistic budget for renting a property involves considering various factors, such as your income, current expenses, and the rental market in your desired location.
With inflation, it’s good practice to ensure that you can comfortably afford the rent without straining your finances even if costs keep increasing. Also, keep in mind that some landlords may require you to earn a specific income or provide proof of financial stability, while others may be looking to increase the rent on the property within 1-2 years.
Research the Neighborhood
If you’re new to the area, make sure that the specific neighbourhood you rent in matches your needs. Even though the price of the property, transportation links and local amenities make sense on paper, it’s worth visiting the place in person to really understand what it may be like to live there.
Dunstable is a great place to live, but it may differ from your expectations if you are moving to it from a place like London or another large UK city. As local property experts in Dunstable, you can always reach out to us about your concerns and we’ll do our best to provide valuable insights into the neighbourhood’s quality of life.
Read the Lease Agreement Thoroughly
Once you’ve found a property you’re interested in, it’s essential to carefully review the lease agreement. Pay close attention to the terms and conditions, including the rent amount, security deposit, and any rules or restrictions set by the landlord such as pets or vehicle restrictions.
Document the Property’s Condition
It is crucial for tenants to hold an accurate document of a property’s condition before moving in to avoid potential disputes with the landlord over the security deposit upon moving out. This process also encourages open communication between the tenant and landlord, fostering a transparent and respectful renting relationship.
At Bedfordshire Accommodation Bureau, we are proud to offer a property condition guarantee to our landlords as standard. This also means that tenants renting through us will benefit from regular property checks and diligent condition reporting throughout their tenancy.
