Be aware that renting a house will not give you a license to do as you please. You must comply with your tenancy agreement.
To keep costs down before committing to a mortgage, consider renting a house.
For anyone starting employment for the first time renting a house is great option, however it’s not advisable to rent a house for the whole of your life time.
In general renting a house is a lot less complicated than buying.
Have your house rental pre installed with a Cable/DSL service will make your house more rentable and avoid tenants drilling holes in your walls.
Many rental houses are bought in areas that have a consistent supply of tenants and are rented out for much more than the cost of the mortgage.
A house rental will require regular maintenance and attention. Be prepared to use qualified professionals when needed.
When renting a house find time to walk through the property with the landlord and make a written note of anything that looks out of order before signing a tenancy agreement.
The main disadvantage to renting a house is that the rent you pay goes to the owner of the property and nothing is for yourself is gained other than a place to live.
Although a bit more expensive than a mortgage renting a house is a very feasible option.
With the continuing growth in the housing market, it still Buying to Let or Rent seems a good bet as an alternative to a pension fund for retirement funding. 19th August, 2006
It is predicted that the strong interest in the Buy to Let market will continue. See our Top 10 Buying to Let and Renting Tips. 26th August, 2006
Taking on tenants can be a risky business. As a Landlord it's more than advisable to take out a Landlord's Insurance Policy. 30th December, 2006
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