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6 Tips Tenants In A Rental Property Should Know About
Tenants? Did you know there are things that you should know about?
Tenants should be aware of many important aspects of being a tenant that can help them avoid financial surprises or any surprises at all.
It is necessary to take into consideration your rights and responsibilities as a private rental property tenant. This will assist you in making the most of your tenancy and preparing for any challenges that may arise. Take note of the following:
Paying rent
Paying your rent on time should be a priority for all tenants; setting up a direct deposit rent to your landlord makes rent collection a simple process because the rent is automatically paid on time every month. This can save you the hassle of manually paying rent every month, as well as any human error that may occur during the process.
Deposit
Your landlord is required by law to register your deposit with a government-approved tenancy deposit scheme within 30 days of signing your tenancy agreement. Check to see if your landlord has done this and request a receipt to ensure that your deposit is properly protected.
Check-in inventory
A check-in inventory is a record of the condition of the property at the start of the tenancy. The landlord and tenant agree on this, with the primary function of the inventory report being to ensure that tenants are responsible for any property damages.
Prior to moving in, a property inventory should be completed with photographic evidence to ensure that no unnecessary penalties are assessed against your deposit at the end of your tenancy.
Council tax registration
The person who occupies the property is usually responsible for paying the council tax. If you live alone, you are the person who is responsible for paying council tax. For properties occupied by more than one person, a hierarchical tree is used to determine who is responsible for paying the council tax.
Council tax can be reduced based on the number of adults living in the home. Depending on the circumstances, council tax deductions or exemptions may be available.
Content insurance
If you keep anything of value at the rental property, it might be a good idea to insure your contents.
Meter readings
We recommend that all tenants take meter readings for all utilities at the beginning and end of their tenancy. This allows you to provide information to energy providers and ensure that you are only paying for services that you use during your tenancy.
To avoid surprises, make sure you are familiar with your meters, both gas and electric, and that you contact the appropriate energy providers.
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This blog post is not intended to constitute legal or financial advice.