First Time Tenant Guide to Renting: The Help You Really Need

News at Elite Property | 10/02/2023


Attention Coventry First-Time Renters! We’ve Got You Covered 

If you’re reading this, you’re probably looking into renting in Coventry for the first time. So, congratulations! There are plenty of exciting opportunities ahead. But before you sign that lease, it's important to be prepared. We’ve created this First Time Tenant Guide to give first-time renters all the necessary help and advice you need when taking that big step into rental living.

Explore topics such as what to do when you find the perfect rental, questions for your potential landlords, and more to get you started on your rental journey. So read on – the keys to your rental future await!

What to Do When You Find the Perfect Rental 

When you find your perfect rental, it’s important to make sure all paperwork is in order. Make sure you have all of the necessary documents handy to submit an application, such as your photo identification, proof of income and employment, references, and residential history.  

It's also essential to read through the rental agreement carefully so that you understand what your rights and responsibilities are as a tenant. Some landlords may require a security deposit or first month’s rent upfront.

You should also keep a copy of all your paperwork for future reference just in case there are any issues down the road.


First-Time Renters

What Kind of Questions To Ask Your Potential Landlord or Agents 

As a first-time tenant, it's important to ask your potential landlord or lettings agent in Coventry the right questions in order to ensure you get the best deal. Before signing any agreement, here are some questions that can help you make an informed decision:

What kind of lease will I be signing?  

It’s important to ask about the length of the lease and whether or not it is renewable.

What are the rent payment terms?  

Making sure you know what type of payments are accepted (check, standing order etc.), when rent is due, and if there are any late payment.

How long has this property been rented out? 

The longer a space has been continuously rented out, the better. This indicates that the landlord takes good care of their properties, and tenants tend to have a long and blissful tenancy.

What utilities am I responsible for paying? 

Find out which bills you will be entitled to pay every month, such as electricity, water, gas etc. This is extremely important so your access to these utilities is not disrupted.

Additionally, an understanding of the inventory process is crucial for first-time renters. This process enables landlords and tenants to have clear expectations of the condition of a property when they move in, and when they move out. Having an inventory record of all furniture, appliances, and items in a home can help to avoid any disputes related to damage or missing items at the end of a tenancy.

How to Handle Deposits and Rent Payments  

When you enter your first rental agreement as a tenant, it's important to understand the rules and responsibilities associated with deposits and rent payments.

Your Deposit 

Deposits are typically expected before you move in, and they're intended to cover potential damage to the property during your tenancy. It's important to be aware of what kind of deposit is required before signing a lease so there are no surprises later down the line. Make sure you get a receipt or document showing that you have paid your deposit in full so that you can reference it if ever needed.

The DPS – Deposit Protection Scheme – offers assurance that deposits are secure and held in a separate designated account for the duration of the tenancy.

Your Rent 

Rent payments should always be made on time each month. You'll need to know exactly when and how much rent is due each month so that you can plan accordingly and avoid any late fees or other penalties from your landlord. Some landlords may require you to set up an automatic payment system via bank transfer or credit card, while others might prefer paper checks or cash payments sent in on time each month.

Make sure you discuss all of these details with your landlord upfront so that there isn't any confusion later on.

What To Do If Something Goes Wrong During Your Tenancy 

If something goes wrong in your tenancy, it is important to address the issue immediately. Document the details of what has happened by taking photos or writing down a detailed description. This can help you with communicating the issue to your landlord and serving as proof if any legal issues arise.

You should take all necessary steps to fix the issue on your own. Many minor repairs such as dripping faucets and broken lightbulbs can easily be taken care of without getting your landlord involved, saving both time and money for you and your landlord. However, make sure you always get permission from your landlord for any work before attempting to fix any issues.

Once you have done all you can on your own, contact your landlord promptly to let them know about the situation and explain why it needs to be addressed quickly. Be sure to give them plenty of detail so they understand exactly what happened and why it’s important for them to take action.

Conclusion 

Moving into a new rental can be an exciting experience. To make sure everything goes smoothly, it's important to do your research, ask the right questions, and know your rights and responsibilities as a tenant. By following these tips, you can avoid any stressful situations and enjoy your new home for the long-haul.

Ready to take that first step? Elite Properties letting agents in Coventry can help you find the perfect home for you and guide you through all the necessary steps to secure it. Get in touch today!