Guide To Find Perfect Rental Place In Central London

Guide To Find Perfect Rental Place In Central London

Renting an apartment in central London could either be easy or overwhelming. The difference is knowing what to do or look for during your apartment hunt. This article is a guide to help you navigate all the complexities of landing the perfect apartment for you in Central London.

Before you start, there are some fundamental questions you need to answer. One of them is whether to DIY or use an agent.

Should you use a letting agent?

The most important question is whether you have the time to search for a property yourself. Chances are you don’t as you probably have a career to pay attention to. Or you just don’t find it attractive to spend hours scouring home rental websites. So you can enlist the help of a real estate agent.

If you are going with a letting agent, you need to select a competent one that can work within your budget and has a property in the part of London you want to live in. You can find agents online, ranked by client reviews.

A registered agent will give you money protection for your deposit and rent. The disadvantage is that when you need any repair in your apartment, you will have to go through the agent, which can cause unnecessary delays. Using an agent also introduces an extra fee, making it more expensive than renting directly from the landlord.

For your agent to get your dream apartment for you or locate it by yourself, you must decide what you are looking for. To do this, you need to understand the London housing market.

What type of property are you looking for?

There are many types of apartments in central London. What exactly are you looking for? Is it a purpose-built flat? Or a converted flat? Do you want to live in a studio apartment or a terraced? Or do you want a share flat to reduce cost? How many bedrooms do you need in your apartment?

rental properties

Other requirements

Your apartment is going to affect your lifestyle. This is why you should list out all the amenities or features you need to be comfortable. You must decide which part of the city you want to live in, which may depend on where you work or your budget. What are the recreational options you prefer? Do you regularly use the public park or sports facilities? Do you need an apartment that is close to the tube to ease your commute to work? Would you need somewhere to park your car? Are you looking for a pet-friendly apartment to accommodate your dog or cat?

Your budget

This is crucial to your home hunt. If you are using an agent, he or she will probably ask you about your budget first. If you are doing it yourself, you will sort your available apartment based on the rent. To avoid wasting time on your search, have a fixed amount you want to spend.

The cost of your rental may depend on the location or area, which means your budget may decide which part of the city you will live in.

Apart from the actual rent, other costs come with renting an apartment and you have to budget for them. For example, you need a holding deposit, which may be a week's rent, to cover the period when the property will be taken off the market as they check up on you. There is also the security deposit that covers any damage to the apartment while you live there. It could be up to five week’s rent but you will get it back when your tenancy ends.

There are the usual utility bills to take into consideration. Check out the status of energy, internet bill, etc, to see if it will work for you before committing.

Property viewing tips

When you go check out a property you are interested in, it is important to get as much information as possible so that you know what you are getting into. Ask questions about who manages the property and responds when there is a problem. Enquire about how the rent is paid and confirm what is included in the rent. Find out what the maintenance schedule is like.

If you too are looking for a property in central London, visit our website to check out the property listing throughout the UK which will be suitable for your requirements.

For any other information, get in touch with us.

Related Property Articles

Pros and Cons of Renting a Fully Furnished London Home

Pros and Cons of Renting a Fully Furnished London Home

The decision whether you want to opt for a home that is fully furnished or its bare counterpart is often something that is troublesome for the majority of people. There are a plethora of advantages and disadvantages for both sides of the argument, and choosing which one is right for you can often be a daunting decision.

London Rental Property Hotspots - 5 Areas with the Lowest Rent

London Rental Property Hotspots - 5 Areas with the Lowest Rent

With the number of different locations that reside in locations along with the huge discrepancies in real-estate prices between them, people can oftentimes be left confused wondering exactly where the more affordable locations in London are situated. It is certainly true that the prices of rent vary drastically between the different sections of London which leads to people being unsure of where to rent, and that’s exactly what we are going to attempt to remedy in this article.

Understanding Renting Fees as a Tenant in 2021

Understanding Renting Fees as a Tenant in 2021

Understanding exactly what renting fees are and how they work as a tenant will bring a plethora of advantages, and possibly save you from making some of the common mistakes that many people seemingly make.

 

Valuation

The Real Property Experts are pleased to give you an authoritative appraisal of the value of your property and the appropriate asking price for sale using all our experience and understanding of London’s micro markets, history and buyers expectations. Should you require a formal valuation for legal or taxation purposes we can refer you to a RICS registered surveyor.

Area Guides

Please click on the links to guide you through London prime residential areas.

Experience

The Real Property Experts have been serving Marylebone and surrounding areas for over ten years and our staff have almost 50 years combined experience in sales and letting in Central London.

Results

The Real Property Experts always work hard to maintain our excellent levels of customer service - check out our positive reviews from vendors , landlords , buyers and tenants.

Featured Properties

Fees

Refundable Holding deposit

Capped at 1 weeks rent

Security Deposit

Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent

The agreed monthly rent

Changes to tenancy

Capped at £50 inc VAT

Early termination charge

Not exceeding the landlord’s financial losses

Late payment of rent

Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys

Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc

Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details

The law requires your membership details

Property Redress Scheme Membership details

The law requires your membership details