A guide to renting in Quedgeley

Profile image for EmmaRoberts11

By EmmaRoberts11 | Wednesday, May 04, 2011, 18:06

With deposits required by banks for mortgages increasing all the time more and more youngsters are being forced to look at renting a property instead of buying one.

The minimum deposit normally required for a mortgage is approximately 15% of the property value and with an average asking price of £132,871 for a 2 bedroom house in Quedgeley you are looking at around £20,000 pounds for a deposit.

This is just completely out of reach for a lot of first time buyers and therefore renting is becoming ever popular in Quedgeley and across the whole nation, with average deposits of £500 and a month’s rent this is a lot more manageable for people.

Fortunately for us in Quedgeley there are a lot of very good Estate Agents around locally such as Taylors, Micheal Tuck, Ashgrove Property Services, The Property Centre and many more. They can all be viewed at the Quedgeley People Business Directory.

Below are a few tips about renting:

  • Do plenty of research – Always research the area you are thinking about moving to or if you are not moving areas then try and research the street you are planning to rent on. The new police website that lets you look at crime in your area is perfect for doing a street search. Or go to the street at different times in the day and listen out for noise, see the traffic flow and the parking situations.

  • Take your time whilst viewing properties – It is advisable to see a few different properties before you make a choice and don’t just snap up the first one you see. Take your time whilst looking round each property and don’t let the estate agent rush you.

  • Check with the agents about ALL of the fees – Some estate agents have sneaky fees that they aren’t very open about so when looking round make sure you ask about all the fees you could pay before moving in.

  • Haggle over the price – Rent isn’t set in stone and you have the upper hand so always try and haggle over the rent. You may not save much but every little helps.

  • Make sure you do an inventory – Even if you aren’t renting a place furnished then do an inventory of your property including the carpets, kitchen surfaces, bathroom etc and report any problems to your landlord within first few days of moving in and then you can’t be charged for them when you leave.

For an idea of the sort of properties that you will find in Quedgeley then a great place to start is on the Internet. www.findaproperty.com is an excellent place to start your research about renting in Quedgeley.

      

Comments

       
max 4000 characters
        
   

Latest Stories in Quedgeley

       
      

Local Jobs

       
   

Search for...

       
        
Min price is bigger than Max price
        
Min price is bigger than Max price
        
Min rent is bigger than Max rent