10 Good Reasons To Rent At The Moment - is that still true?

Around fifteen years ago when I was running Frank Farr's letting office at Iver and Beaconsfield (part of Property Leeds / Halifax Estate Agents) the usual differences were occuring between the sales offices and the lettings offices in the Frank Farr division.

One of my colleages in the sales division came up with some good reasons to buy then for local marketing. We got our heads together in the lettings office and came up with  "10 Good  Reasons To Rent At The Moment"

1. FLEXABILITY TO MOVE WHEN YOU WANT


2. NO LONG TERM COMMITTMENTS

3. NO HIDDEN MAINTENANCE COSTS

4. NO EXPENSIVE LEGAL FEES

5. YOU WON'T MAKE EXPENSIVE MISTAKES BY MOVING TO THE WRONG AREA AND NOT BEING ABLE TO MOVE AGAIN

6. NO CHAINS INVOLVED - YOU CAN NORMALLY MOVE INTO A RENTED PROPERTY WITHIN A NUMBER OF DAYS

7. NO CONCERNS ABOUT FLUCTUATING HOUSE PRICES

8. SHORT OR LONG TERM LETS AVAILABLE

9. WHEN YOU RENT FURNISHED YOU DON'T HAVE TO GO OUT BUYING FURNITURE, IT HAS BEEN DONE FOR YOU

10. NO D.I.Y. IN YOUR FREE TIME

I have just come acroos this file and some fifteen years later it looks very much like the same reasons are valid.   Buy to Let is still big business and there has not been any decline in the rental market in the UK over the last few years, far from it a lot of growth.   It will be interesting to see if these reasons will still be valid in another five years from now. I expect they will be.   A major issue for tenants to remember is that the Landlord's insurance will not usually cover you for your own personal belonging so it is highly important that you insure these yourself. Find out more here about Tenants Contents Insurance