More and more people are trying to get themselves on the property ladder and that’s great! However, buying a property isn’t a viable option for everyone, and that’s fine as well. That’s why we’ve decided to highlight all the good points of renting, to help you decide for yourself whether renting is for you or not.
Letting agents Bury
- Cheaper insurance – home/contents insurance on average is cheaper for those who rent than who buy.
- No repair bills – if anything goes wrong in the property, eg the boiler breaks, electricity goes down, it’s your landlords responsible to get everything fixed, which means you don’t need to fork any more out for any maintenance or repair fees.
- Lower utility costs (most of the time) – rented properties tend to have a smaller, more compact floor plan, which in turn leads to lower utility costs!
- Property value doesn’t affect you – since you don’t own the property, if the property value decreases over time, this won’t affect you in any way.
- No mortgage payments – not having a large mortgage payment each month allows you to try and save that extra money.
- Keep things flexible – renting means that you’re not tied to a location or to a property in the way that you would be if you had bought a house. You have the freedom to up and move, instead of being stuck with a property for a few years.
- No need to spend money on home updates – most rental contracts mean you can’t make any substantial changes to the property, which in turn means you’ll end up saving money as you won’t need to spend it on painting the property or any other cosmetic needs.
Cardwells Letting Agents
Here at Cardwells Letting Agents Bury, we have a team available in our office seven days a week. They are there to help you when it comes to renting, buying, selling or letting a property.
