By Neeraj Gupta
Moving into a new home can be a fun, exciting, and joyful thing for all that live there.
Globally, the current housing market indicates that more and more people are forced to rent until the economy improves, and lower deposit rates return.
Renting can be seen as dead money as you don't own the property, but it has a lot of positives, in particular, the tenants don't have to worry if the boiler breaks down as property maintenance and repairs are the legal responsibility of the landlords.
Although property renting is fairly straight forward, there are still things that new tenants must watch out for and check before they rent. I have been renting for the last one and a half years, and it's only through trial and error and facing problems that I have been conscious of these issues.
Gas and Electrical Safety Certificate
Every property that is let out to rent MUST have both a gas and electrical safety certificate on the property. The gas safety certificate by law must be renewed annually due around the date of the previous test the year before.
Before you get the keys, you will always have to put down a security deposit down. This is intended to compensate the landlord; if the tenant caused damage to the property, he can be reimbursed to fix the repairs accordingly.
Personally, I would rather the lettings agency deal with this part. If you don't get along with your landlord, this can be difficult when it comes down to damage disputes, and having a pair of unbiased eyes on the job can help settle things straight.
Before moving into the property, the letting agency should provide you with an itinerary that outlines the condition of the property and any damage that's present. You should spend a lengthy amount of time studying this and checking the overall condition of the property.
You can keep pets with you as long as:
If there's a word in your tenancy agreement that bans pets, you can ask your landlord to turn it off to allow you to have a pet.
In certain cases, a landlord may resist making a reasonable adjustment in the agreement if they have a sound reason for health and safety concerns.
Damage to the Property
Your landlord is responsible for all external structural repairs. Tenants are normally responsible for internal decoration and for making sure that furniture and other contents, fixtures, and fittings are not damaged.
If your landlord deducts some money out of your deposit, you should make a check over the agreed inventory to see what the amount was assumed to cover. In case of property damage, it will be more ideal to handle the repairs yourself before the landlord comes for the inspection and charge you for the cost of required repairs.
Hold the Tenancy Contract
If you're going through a letting agency, then you will be provided with a contract to sign. The contract will outline the length of the tenancy and the conditions that you are obliged to follow under the tenancy agreement.
Read and understand the terms that you're signing up to. If you can't understand the legality, ask for confirmation from the letting agent. Also, check the length of the tenancy and also ask about the conditions in which you can break the agreement. Some contracts are a non-break, which means that once signed the tenant, and the landlord cannot break the contract until it expires.