Rental Property

[callii123]

Hi

Wonder if anyone can help.

I am looking to rent a property at the moment and some of the houses I have seen seem to be reasonably priced while others seem very much overpriced. I was wondering if it was the done thing to haggle over the price of a rental property? Somebody told me that you never pay the advertised price for a rental but I have never heard of this before.

[rebel11]

Hi call

 

Welcome to CAG

 

The guys will be happy to advise as soon as they are available.

 

Thread moved to the correct forum.

[martin2006]

I haggle over anything and everything, if you listened to an estate agent, thats the price they would hope to get.

 

I suppose alot depends on how long its been empty, whether there are more than one party interested in renting it.

 

Do a bit of research and snooping about the property your interested in, test the water so to speak. In times like these, we need to get the best we can for our money, renting a house is no different in my eyes.

[Steve__M]

Things aren't rational in the rental market. In part it depends on what sort of tenants the LL is looking for. It might be more if they are prepared to rent to sharers and short-term letters. It might be less if they are looking for families with good credit records who are likely to stay in the property for a long time (which means lower costs and stability for the landlord).

 

For example, I've successfully managed to get over £1000 for my house for the past 5 years, but whenever I get agents in they always talk about advertising it at around £900. I suspect it is because agents will not deal with the tenants I deal with (sharers, mature students) - though I don't know why because my tenants keep the house as clean or cleaner than I keep mine!