Tag: rent your home

Rent Out Property

Don’t rush to rent – ​​choosing the right student property – News

The first semester is well under way and hopefully you’ve started settling into university life. Around now, it’s usual to start thinking about securing your accommodation for next year.

While it can be a good idea to secure your student accommodation for next year as early as possible, being hasty can have some pitfalls so it’s important to make these decisions carefully.

Tenancy agreements are legally binding, and once you have signed one there’s no guarantee that you’ll be able to cancel it if your circumstances change.

Here’s some tips to get your accommodation choice right:

  • Don’t be pressured by friends or accommodation providers. Get to know your friends properly to make sure you’ll be happy living together for another year. Some landlords, agents or halls may encourage you to sign a tenancy straight away but don’t feel pressured – look at all of your options, you may find a better deal. If you are undecided or want more time to think, do what is right for you.
  • View a range of properties and take your time. Seeing multiple properties will help you to understand the range that’s on offer, and help you to compare prices, facilities and the overall
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Rent Out Property

UK property rental market sees biggest supply jump in 10 months, Property

THE supply of new UK rental properties rose the most since November 2022 in an early sign of relief for squeezed-out tenants.

The number of new rentals coming to the market increased by 7 per cent in the three months to September, compared with the same period last year, according to a Rightmove report published on Thursday (Oct 5). That helped lift the total number of available rental properties by 14 per cent, while demand dipped 17 per cent over the same period.

“While it is likely that there is some way to go before this filters through to rental prices, we could start to see the pace of yearly rent rises slow more significantly than it has been,” said Tim Bannister, director of property science at Rightmove .

The shift could ease a shortage of properties to rent that’s increased rental costs at a record rate, adding to the worst cost-of-living squeezes in generations. With mortgage costs significantly higher than a year ago, more tenants are stuck renting property at a time when landlords are selling out.

Average rents in London hit a record £2,627 (S$4,373) in the three months to September, a 12 per cent rise from the

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