Renting a property in London can be fun, exciting and convenient if you work in the city centre. However, it will come at a cost, and finding the property of your dreams might prove to be difficult at the start. There are many things that you will need to think about before you finally sign the contract and move into your new home.
Decide whether you want to live alone or with a house mate
If you have friends or a partner that you’re planning on living with, things will be much cheaper (although not necessarily easier!). If you don’t think that you could afford to live alone in London, try to find a house mate to split the bills with. You can find people to live with on social media websites such as Facebook and in Facebook groups, or you can look on other house and flat sharing websites. Meet up with the people beforehand and think about whether you would get along with them and would be happy living with them.
Make sure you have a valid form of ID
You will struggle to find Bloomsbury estate agents that will rent a property to you without you being able to show them original and valid ID. If your passport is out of date, for example, you will have to bring a Driver’s License of other form of identification. If you don’t have a license or a passport, you can always use your birth certificate, but this will need to be shown alongside photo identification and other forms of ID.
Referencing checks are important
Within the last few years, the government has introduced legislation which requires everybody renting properties to undergo a ‘Right to Rent’ check. This means that prior to the final approval to move into a property, you will need to fill out forms with personal details such as your place of work and how much you are earning, along with any properties you have previously rented or lived in and who you rented them from. The referencing company will then contact the necessary people to check that you have submitted the correct information and will verify with previous landlords and agents that you paid the rent on time and did not cause any problems as a tenant.
Look after the property!
Once you’re all moved in and everything has been settled and signed for, you will need to ensure that you look after the property. Not only will it make it difficult to rent properties in the future if you become a problem tenant, but you will be required to pay for any damage you cause.