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Top tips for renting your first home

By Dean Shaw · On August 14, 2018

Are you considering renting for the first time? There are a few things you’ll need to know to ensure you have the best possible experience. #MyFirstRentalHome is an exciting time. Before you sign on the dotted line, be sure to read these tips:

Consider flatmates

Not only can flatmates be great if you’re hoping to save money, but they can also be a great way to grow your social circle. If you’re renting for the first time, it’s a good idea to see if any friends or family members are also looking for a place to live. This means you can split the utilities and rent and stick the extra cash in your savings account. If you’re thinking about renting with a stranger, consider getting them to put their name on the lease as well. That way, if they don’t pay their rent on time, you’re not the only one liable for the late payment.

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Get insurance

While your landlord will ideally have sorted out their landlord insurance with HomeLet, you should have your own contents insurance as well. This means that if your property is ever broken into, or your belongings are damaged in a flood, earthquake, or another disaster, you’ll be covered. There’s nothing worse than realising you’re not covered after all of your electronics have been stolen or broken, so be sure to get insurance before you move in.

Walk through

Obviously, before you decide to rent a house, you’ll need to walk through. But there are a few things you’ll need to check while you’re looking at the size of the rooms. Look into closets and check the ceiling. You’re looking for any dampness here or signs of mold. The same goes in damp places like the bathroom and kitchen- check inside the cupboards and behind any large appliances. You’ll also need to check the appliances themselves. Check that they’re in working order and seem safe.

Look at the windows, and check for any gaps which would let in cold air during winter. Ask about whether the property tends to be damp, and if you’ll need to run a dehumidifier. Now’s the time to bring up any concerns or ask any questions. If you’re not happy about something, the landlord is likely to want to fix it so you’ll be happy renting the property.

Have you rented a property before? What are your top tips? Leave a comment below and let me know.

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Dean Shaw

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