Reasons to rent

Renting a property can be an ideal solution in many situations. The following are some of the most common reasons our tenants choose to rent.

The opportunity of establishing a home of your own without the long term commitment of a mortgage or a large deposit to find;
if you are moving to a new job, the opportunity to get to know the area before buying;
after the initial fixed term, only one month's notice is required so you are able to move quickly if you change your mind or are moved with your job;
if you plan to move again soon, renting saves on the legal, surveying and solicitors' fees associated with buying and selling a property;
if you want to sell but can't find a place to buy, or it is being built, for example, renting can be a short term solution;
the market conditions may not be suited to buying, for example if interest rates are high or there is a threat of negative equity;
maintenance costs of a rented property are lower, as these are paid for by the landlord.