The costs to expect when renting are as follows:
Before the start of your tenancy:
- Holding deposit: this prevents anybody else going to view the home you want to make an offer on. It usually amounts to 1-2 weeks of the final agreed rent and will be deducted from the first rental payment.
- Security deposit: this normally amounts to 6-8 weeks of the final agreed rent and is held by a government-backed third party. It will be returned to you provided there are no damages to the home or any breaches of the contract.
During your tenancy:
- Rental payment: the rental payments based on the final agreed rental price, paid monthly or in advance, as agreed.
- Bills (if they are not included in the rent)
At the end of your tenancy:
These change with every contract, so please check yours.
- Checkout inventory
- Professional clean