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renting in general (advice)

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... I started renting over three years ago, in St Andrews. At the time it seemed like the only realistic option, since neither I nor my parents could afford a deposit for a flat. St Andrews is very expensive with regard to property – a decent one bedroom flat in the town centre will ... Read review

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Community Level 6weebagpuss

weebagpuss

Get it ALL in writing

Advantagesway to sample an area, little commitment needed

Disadvantageswhere do I begin...see op!

"...hopefully offer some advice. I started renting over three years ago, in St Andrews. At the time it seemed like the only realistic option, since neither I nor my parents could afford a deposit for a flat. St Andrews is very expensive with regard to property – a decent one bedroom flat in the town centre will usually set you back at least £70,000 with the ‘luxury’ properties going for sometimes double that. Prince William’s ..." Read review
19.07.2001

Ciao members have rated this review on average: very helpful

Seven years as an international rent boy

Advantagesadvantageous in the short term, less capital outlay is necessary

Disadvantageslong-term you are throwing away money, no return on your "investment"

"...plunge and buy a place. Renting is obviously the best short-term solution, with a house share often making it an affordable option after say graduation, when you have a mountain of debts, and need a roof over your head, and similarly don’t know how fixed you are going to be location-wise. The initial outgoings are traditionally lower with renting – average deposits seem to be 2-3 months rent, although some can be as much as six months rent. Obviously ..." Read review
29.08.2002

Ciao members have rated this review on average: very helpful

Community Level 5Redhead

Redhead

Single White Female Alert

AdvantagesExtra money

DisadvantagesNo Privacy

"Are you thinking about taking in a lodger? Thinking about inviting a friend to stay for a while as they're in between accommodation or just want somewhere to live? This op is about exactly that they live with you under the same roof and you have invited them there. So this is where my story starts A friend who I had known for about 2 years moved away to another country to be with her parents, she then found out that as the holiday season ended, ..." Read review
21.07.2002

Ciao members have rated this review on average: very helpful

Community Level 7sandrabarber

sandrabarber

THE PROS AND PITFALLS OF RENTING

AdvantagesIf you don't like it you can move with ease

DisadvantagesIf you're paying rent, how do you ever save up that deposit to buy?

"...home. I used to think that renting was nothing but money down the drain. However, I've since worked in both the public and private rental industries, and I've come to the conclusion that there are many life-situations which make renting - either short or long term - the best choice. Why rent when you could buy on a mortgage and end up owning your home? Financial Reasons for Renting: 1. You do not have the deposit necessary to secure a ..." Read review
13.06.2001

Ciao members have rated this review on average: very helpful

Community Level 4LouZ

LouZ

Tips for Happy Renting

AdvantagesFlexible with no tie ins

DisadvantagesIt's never really yours

"...Although I'll carry on renting in London for a few years, I'm also about to become a landlady! Sounds mental I know! Well, I can't afford to buy where I live so I'm buying back up North. Anyway, I've had a really broad experience of the rental market and really seen the good, the bad and the hideously ugly! I've also been doing my research so I'll share some tips with you too. The Good ******** I now live in a beautiful, Victorian terrace ..." Read review
07.03.2003

Ciao members have rated this review on average: very helpful

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