Here’s What You Need to Consider When Letting a Property

It’s no secret that renting a property can come with many faults, from properties that are in need of a serious repair to landlords that take no responsibility for the property whatsoever. However, there are many actions you can take beforehand to help prevent such negative things.

Here is our complete run down of all things that need to be considered.

A letting agency that meets your needs

It is vital to have a letting agency that you can trust and rely on, as of course an agent will be the one working with you to find a property in an ideal location.

For those who are looking to rent in Bournemouth, we suggest using Smart Holiday Rentals as they are one of Bournemouth’s most credible agencies. See more information here.

Property letting in Bournemouth

What are you looking for and where?

The most important thing is to find something that fits your requirements, such as bedrooms, facilities and amount of space. If you’re looking for a 3 bedroom property, it is unlikely you want to even look at a property that just has two.

In addition, the ideal property will be in an area that suits you for numerous reasons:

  1. Close to transport
  2. Nearby to shops/amenities
  3. Near to family/friends

What’s your budget?

Once you have figured out what the property will need, you will have to decide on a budget that can accommodate for all of this. When you have found a property that you like, it is important to work out exactly how much it would cost on a monthly basis before signing a contract of any sort. For further advice, click here.

In addition, discuss with the letting agency about the bills and what’s included in your rent. What utility bills are you expected to pay on top and can your budget afford these extra bills.

Will the property be insured and what’s covered?

When you’re renting a property, the insurance should be something that is already taken care of by the landlord; however most will only cover the building and not the contents inside. Have a conversation with your letting agency so you can understand what is and isn’t covered, meaning you will know if you need to take out further insurance if needed. Compare insurance here.