Why Renting Could Be the Best Choice for You

The pitfalls of renting are always shouted about, but what about the positives?

With rental reforms on the horizon and interest rates high, let’s explore why being a tenant is the best choice for some people.

Flexibility

A mortgage comes with lots of strings attached and is a long-term commitment. With renting, you can bow out after a short period, and you’re not burdened with a large debt. You can move from one area to another and try out different property types (according to your budget).

No repairs or maintenance

In a rental property, repairs and maintenance aren’t your responsibility. If something goes wrong or needs to be fixed, it’s up to your landlord to sort it – and pay for it (unless you were responsible for the damage).

No legal fees or obligations

When you buy a property, as well as the cost of the house/flat, you’ll need to pay for surveys, stamp duty, conveyancing costs and agent fees.

If you’re looking for a property to rent, contact us today.