Rental apartment
What is rental accommodation?
Rental accommodation is the same as share accommodation except that it involves finding a house or flat to rent, rather than moving into one that has already been rented and set up ready for you. You will be expected to deal with real-estate agents, sigh agreement, submit bond, supply your own furniture and household goods, find other flatmates …or move with someone who is renting him or herself already.
Renting your own apartment is harder then it looks. You will need to show your eligibility as genuine tenant – providing previous accommodation references, showing income or other way that you can afford to rent -basically required to prove your income or enough money on your account. Rental agreements usually require payment of rent in advance and a security payment called a ‘bond’ (usually one month’s rent) to be paid at the start. Costs depend upon whether you are renting by yourself or planning to share with others.
How to rent an apartment?
- Find the place.
Sometimes you can find a rental property privately but most people use the services of a real estate agent. Some locations are in more demand then others. You have to decide if you prefer to travel a bit and pay extra travel costs or stay right in the city and pay higher rental costs.
- Deal with realestate agent – visit property, submit application , get approved by owner, sigh rental agreement , sigh inspection report
- We recommend before you sigh rental agreement to consider all issues and speak with real estate agent: For example confirm the number of people that are allowed to live in your house and get an understanding of their requirements for this specific property – example insecurity apartments there is only limited number of security keys allowed per each property.
- Decide what kind of person you would like to share with:
Gender, hobbies, cleanliness, habits etc.
- Legal Issues: Do you want to have their name on the rental agreements - lease? What will happen if something is broken, rent is not paid, or the property is damaged? Are they required to pay a bond?
- Place your free share accommodation advert on our site:
Put some effort into this process - the more informative your ad is, the more likely you are of finding the appropriate share person.
- Screen your respondents:
Consider meeting at a café or another public place prior to showing them your house. This allows you to confirm that you are interested in living with them before showing them the ins and outs of your home.
- Find out about the person:
What are their hobbies? Do they smoke? Are they religious? What kind of lifestyle do they lead? Do they often have guests over? What would be their expectations of you? Do they require parking? Do they cook/prepare food?
- If you’re happy, show them the property:
Ensure they are happy with their room, the level of cleanliness etc. It’s important to ensure that the house looks as it normally does at this stage – don’t pretend to be a super clean person if you’re not (they will find out soon enough).
- Consider a trial period:
You may wish to create a trial period (possibly two to three weeks) to determine if you like living together before making formal arrangements. This allows you to go separate ways without too many hassles if things just aren’t working.
- Make an offer!
If you decide that you are happy for them to move in, let them know. Hopefully they will be moving in the following day
Bond
It is always advisable to ensure that all tenants in a household pay a bond. A bond is an upfront payment of no more than four weeks rent.
A bond ensures that any damages or costs incurred by someone that may leave the premises can be covered without any out of pocket expense to the remaining tenants (or the landlord).
If you have any problems or more questions about renting your apartment visit our office. |
