Figures indicate that post Valentines fever has hit the rentals market, with more and more couples looking to move in together, Belvoir Sheffield, the leading letting agent in Sheffield investigates….
As more and more young couples are coming to the rentals market, now is an extremely buoyant time for the residential landlord, who can expect to secure higher rents from this sort of tenant.
Rick Flay,Director at Belvoir Sheffield, who offer a wide range of property to rent in Sheffield , said: “As a residential landlord you always look for a couple to place in a property. This is for two reasons. Firstly, they can afford a bit more as a twosome, but they also seem to have an element of being ‘house proud’, especially if it is the first property that they have shared together.
“As a landlord this is fantastic because you know that your property will be very well looked after.”
A new trend emerged last year, which saw more and more couples looking for a housemate to share the bills with, this too is a trend which has continued throughout the country according to Rick Flay, he said: “Renting a room in a property shared with housemates costs couples an average of £426 a month, compared with £687 to rent a house or flat on their own.
The high demand for rented accommodation, combined with a shortage of supply, has pushed rents up to record levels, forcing many couples to consider sharing with other people, it may seem like the romantic notion of moving in togethe ris dead, but for many couples this is the reality.”
Here Belvoir Sheffield offer its top tips to couples renting for the very first time:
1. Do your research
Spend plenty of time investigating the area. Try to look at the long term picture, because as a couple you will be setting up home there. Make sure this is the area you want to live in. If you have children make sure you look into the local schools and not just the nearest one – you may not be guaranteed a place.
2. Use the whole rental market
Make sure you look online for properties as well as on the high street.
3. Take your time viewing properties
If you find somewhere you like, check it over properly. Does it have central heating, a washing machine, dishwasher, decent fridge and freezer? What are the showers like? Are the windows in good condition?
4. Choose flatmates carefully
If you are looking at renting with others, choose who you live with carefully. Money is the most common cause of disputes with other housemates so make sure you work out your budget and how bills will be paid.
5. Make sure you set up direct debits or payments properly
Make sure you pay your rent on time to ensure that your landlord or agent has a great relationship with you. Getting all the finances sorted properly will mean that you are immediately onside with the people you need to call if the plumbing goes or you want a new oven.
Belvoir Lettings Agency Sheffield is the One Stop Specialists for Lettings including Property Management, Tenant Find, Investment and Wealth Management Advice, Fit-outs and Renovations, Furniture Packs and Investment Property Insurances and Mortgages.
