Good time to rent a...
 

MegaSack DRAW - This year's winner is user - rgwb
We will be in touch

[Closed] Good time to rent a property?

7 Posts
5 Users
0 Reactions
71 Views
Posts: 1397
Free Member
Topic starter
 

Is it going to be hard to find a property to rent at the moment?
Are prices going to be over the top?
Is it a renter's market, or will you need a lot of security to offer at the estate agents?
Looking for a small place in a rural location, so wondering if its best to grab what you can, or can afford to be more choosy
Is covid making it really difficult? etc


 
Posted : 19/09/2020 9:26 pm
Posts: 6810
Full Member
 

I was going to buy but prices seem very very high at the moment. Plus I'm not sure where I want live.


 
Posted : 19/09/2020 9:36 pm
Posts: 1397
Free Member
Topic starter
 

maybe people want to wait and see this covid thing out and let the prices stabilize before they put them on the market at reasonable rates

So I could be ok for the short term
with 6month evictions, many less people needing to rent?


 
Posted : 20/09/2020 5:12 pm
Posts: 4697
Free Member
 

From my experience of looking at the usual websites rents are down an significant margin in urban areas, especially cities, but up a decent chunk in rural ones.

It's put my plans to move back to the countryside on hold as rents have jumped from £500 to £750+ a month. Flats in my block in Cardiff are going for £550 or just not being advertised whereas they were up for £600+ before. Thankfully I'm only paying £495 as I've been there a long time so the landlord has never raised the rent otherwise I'd be asking for a reduction.


 
Posted : 20/09/2020 5:50 pm
Posts: 1397
Free Member
Topic starter
 

Yes, I just read that there's up to 20% decrease in London rental prices


 
Posted : 20/09/2020 10:07 pm
Posts: 7583
Free Member
 

What sort of property? A warehouse? Land? An office?

Or do you just mean a house? If so, why not just say house?


 
Posted : 20/09/2020 10:22 pm
Posts: 1397
Free Member
Topic starter
 

Yes, I mean a house


 
Posted : 21/09/2020 11:29 am
Posts: 0
Free Member
 

City centre rents (london) have dropped as people dont want to be there / dont need to be there for work etc. Beyond me why anyone would want to live there anyway, got to be very well of to live decently.
Sale prices at their peak imho, so yes, sell up and rent.


 
Posted : 21/09/2020 5:35 pm