London is one of the most desirable places to live in the world right now. It’s not hard to see why. It has all the best qualities a capital city should have. A rich, cultural diversity, a deep sense of history and wonderful tourist attractions. Not to mention the daily, energetic hustle and bustle. It is the jewel in England’s crown. It’s very tempting to want to be a part of this exciting city. London has some of the highest property values in the world. Meaning hundreds, if not thousands are looking into renting property instead. Whether you’re coming here for business, pleasure, relocating or just on holiday. London still has plenty to offer it’s ever expanding letting market. But what if you’ve never rented before? Which area will best suit you and your family? Follow our Do’s and Don’ts to make the process completely painless and enjoy your tiny piece of the ‘Big Smoke.’
Do: Decide what kind of property you want to live in.
This seems like quite an obvious point. There’s no point beginning your search if you don’t know what kind of property you want to live in. Do you need one bedroom? or multiple bedrooms? Would a flatshare be something you would consider? Would you prefer to look at serviced luxury apartments? These are the questions you need to answer, as truthfully as possible. Remember to always consider a compromise, but don’t be bullied into it. This initial decision will make search more precise and stress free. Central London areas will always have properties to accommodate your needs. It just takes patience to find the perfect one.
Do: Your research
This is another important one. Find out the areas that would be most beneficial for you to live in. If you enjoy walking to the office, there’s no point renting a property that is miles away. If you like a strong art and musical scene maybe look at Camden. If you want somewhere trendier why not try Soho. It’s essential that you know what you want from a place. Why not visit the area and speak to the locals. They will be able to tell you what the area is like and may even know of available properties. If you find a suitable area and the ideal flat or house, why not try and get in touch with the current tenant. Ask as many questions as you can as this will be priceless information.
If you’re new to Central London, you should also check the neighbourhood statistics. This will give you the local crime rate and other useful information that could help inform your decision.
Another thing to research is how you are going to find this dream property. The internet is an wonderful tool and essential if you are property hunting from abroad. Estate Agents will be a useful contact when organising viewings, but don’t let them influence your decisions too much. If you didn’t like the property and it didn’t meet your needs, just leave it and move on. Again visiting the area could be advantageous as you may stumble across properties that are not yet online.
Don’t: Be disheartened
It isn’t easy to find exactly what you want in such a desirable location. There will be stiff competition at every turn. The Landlord will have the final say and that may not always work in your favour. This could be due to finances or general circumstance. It may be worthwhile going back over what you want. Is there any room for compromise? Are there any other Central London locations you would consider? This may allow you to cast a wider net and uncover some more potential properties.
So you’ve found the property you’ve always wanted. But it’s standards are not quite what you expected. Don’t be afraid to raise any issues you have with your Landlord. Nine times out of ten they will sort the problem out straight away. It’s a good idea to create a detailed inventory of your new place as soon as you move in. This will provide you with undeniable proof of the conditions of the property when you arrived. Always take lots of pictures to include too. Refer to this article here for more information.
If you follow these steps you will be well on your way to renting bliss. It can be a scary process, especially if you are unprepared for it. Central London has plenty to offer to everyone and with the right insight and knowledge you will find your ideal property in no time.