Top 5 Things to Consider When Renting
Renting a new home is an exciting time, but with so many options out there it can also feel overwhelming. Which location actually is best? How much can you afford? What will the landlord expect of you? These are just a few questions to consider when renting a place to call home.
To give you a helping hand, we’ve put together our top five things you should consider.
1. Your Budget
Before starting your apartment search, figure out how much rent you can afford. Take time to create a detailed budget to clearly understand what you can afford and distinguish essentials from ‘nice to haves’. Will development amenities like a gym or co-working space actually save you money elsewhere and so justify a higher rent? Are there any options available that include utilities or wifi? It’s important to consult with an agent to understand the true total cost of living somewhere and then stick to your budget to avoid unnecessary financial stress. And don’t forget to ask if negotiation is possible 😉
2. Location
Consider what’s most important for your lifestyle:
● Is the apartment close to work to minimise commuting time?
● Are you near public transport if you don’t drive?
● Is the area safe and well-lit at night?
● Will your social life thrive in this new spot?
Also, consider proximity to your most used spots – like grocery stores, gyms, restaurants. A cheaper apartment in a less convenient location might save money, but it could cost you time and comfort. Strike a balance that works for your lifestyle.
At Settio, we manage a diverse portfolio of properties in prime city-centre locations, conveniently close to essential amenities. Our team will get to know your unique requirements and provide the most suitable options.
3. Apartment Features & Amenities
Every apartment has its unique features and amenities, but it’s important to prioritise your must-haves. Make a list of what’s essential versus what’s nice to have.
For example, must-haves might include:
● A washer/dryer
● Natural light
● Pet-friendly policies
Nice-to-haves might be:
● A concierge
● A balcony
● On-site Gym
● Parking
● Co-Working spaces
Be realistic about what you value most and ensure the apartment fits those needs. While fancy amenities may look enticing, ensure they align with your budget and preferences.
4. Lease Terms & Conditions
It’s easy to overlook the finer details of your lease when you’re excited about moving, but reading the fine print could save you headaches later on. Carefully review:
● The length of the commitment
● Security deposit costs and conditions for getting it back
● Policies on maintenance and repairs – who’s responsible for what?
● Any additional fees, like late payments or pets
● Rules for breaking the lease early, just in case
Don’t hesitate to ask the property agent about anything that seems unclear or unfair. A clear understanding of the terms will help you avoid unexpected surprises.
5. Property Agent Reputation
Your experience as a tenant depends mainly on the agent you’re renting the apartment through. Before committing to renting an apartment, think about the following:
🏠 Tenant Reviews – Look for online reviews or ask current tenants about their experiences. Settio is rated 4.9* on Trustpilot, customer service is at the heart of everything we do.
🏠 Meet in person – A reputable property agent will encourage you to visit any apartment you’re considering renting. You will also be able to get a feel for the agent’s care and quality by interacting with them and visiting their offices.
Renting an apartment is more than finding a place that looks good—it’s about finding one that truly fits your lifestyle, budget, and needs. By focusing on these aspects—you’ll be better equipped to make a thoughtful decision.
Looking for more advice on finding your new home? Speak to one of our experienced lettings consultants who will be able to advise on apartments to suit your requirements.
Happy apartment hunting!
