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What Are The Costs Of Renting A House?

Renting a house in the Carshalton and surrounding Surrey area can be a fantastic move for a number of prospective tenants; however, just like rental homes up and down the country, it is important to keep in mind the costs that can be associated with renting a home. It isn’t just the rent that you will need to think about; there are also other things that will need to be added into your budget.

Here at Silverman Black, we are the local experts in Carshalton for all your property services, including renting properties throughout the area. With this in mind, we have put together this simple guide that outlines some of the main costs of renting a house.

Estate Agent Fees

One of the first costs that you will need to pay out when you decide to rent a property are the fees to the estate agent who manage the tenancy. The most common fee is for credit and reference checks, and this is something we take great pride in here at Silverman Black for both the landlord and tenant.  

We will always be honest and upfront with you regarding the cost, and will want to ensure that only tenants who will pay their rent are moved into properties for the protection of the landlord. There will also be checks on your financial background, as well as character references too, so these will also need to be budgeted for.

The Deposit

Another upfront cost that you will definitely have to budget for is your deposit. This will be required prior to you moving into the property and is then kept in a secure deposit protection scheme, ready for when you move out.

The amount that you are asked to place down for a deposit can often vary between estate agents and you may need to pay a little more if you intend to move in with pets. You will often be asked to pay a months rent upfront too, so ensure that you have this in mind when you budget. Again, like us here at Silverman Black, your agent should always be upfront with you about all of these costs.

Buying The Basics

Depending on what is included in your let, there is a good chance that you will need to buy some of the basic appliances, furnishings and gadgets to make your new rental house your home.

The majority of rental properties are offered with the main kitchen items such as ovens, fridges and freezers. However, you may need to think about beds, sofas, TVs and other smaller kitchen appliances. Always check with your agent to find out what is and isn’t included.

The Costs Of Moving

Some people can rely on friends and family to help them to make their move, however, this isn’t always the case for us all. If that is true for you, then you may need to build in the costs of using a removal company or perhaps hiring a van, just to move you into your new home. When renting through us, we can give out contact details of reputable removal companies operating throughout the Surrey area.

Contact The Experts Today

If you have been looking to rent a home in the Carshalton area, hopefully this guide has been a helping hand towards understanding the basic costs of renting a house. Why not get in touch with us here at Silverman Black and see what options are open to you?

Call us today on 0208 773 2929 and one of our friendly advisors will be happy to help. You never know, you might find the perfect new rental home for you and your family.

26/10/16 By Simon Walsh
Tags: Rental Advice
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