Moving house can be a right pain in the tenancy agreements, there’s so much to consider before leaping to pastures new.
I’ve just moved and having gone through the motions, I thought it best to share some of my wisdom. Let’s get straight to it, shall we?
Does the new place benefit you geographically in any way?
If you like to be close to the action and around your mates or prefer to have a shorter commute to work then you really have to weigh up which is more important to you.
Looking at it in more micro detail; how does the new location compare to where you currently are? If you don’t know the neighbourhood, do you know anybody who does and can vouch for it?
They say you don’t know what you’ve got until it’s gone and space is most definitely fits in this category.
What is the new place like for floor space, storage, parking and garden? If you don’t have enough space for all of your stuff then you’ll literally be living in and around it. That ain’t feng-shui now, is it?
3. Phone signal/broadband speed
OK, so I’ve put these two together although I understand they’re not as important as each other.
It’s worth checking with your mobile provider if they have signal in the new post code. If it turns out that coverage is awful where you’re moving to, then most mobile operators will offer a discount to cancel your contract early.
You can also run similar checks with internet service providers but beware that they can promise superfast speeds but the infrastructure may not be in place to support it, worth double checking.
The first financial-based point here – although it may require an element of guesswork.
Take a look at how the property is heated, the size of rooms, insulation, whether it has double glazing or not and ultimately doing a well-rounded check of all the facilities.
The reason for this is so you won’t be surprised when winter comes and you won’t have to live in Baltic conditions inside. If the property is easy to heat, retains heat and benefits from second-hand heat, then happy days!
5. Council Tax
Simple but always worth checking out in advance so you’re not surprised by a hike in prices. It’s easy to find out which band the property is in and cross-referencing with your local council’s tariff.
Most shared buildings will have some sort of maintenance payment that is required, it’ll cover the upkeep of the building, cleaning, gardening and any damage or repair work needed.
This will usually be covered by your estate agent, if you’re renting privately then it could fall to your to pay it so always check with your landlord.
For most people, this will be the big one and if you can agree on the first 6 points mentioned above then you probably think you’re all set to sign the tenancy agreement. But first, ask yourself if you can afford to move?
Ask this especially if the rent, rates or commute is increasing; how will it impact on your residual cash?
The best way to work it out is to take your income and subtract all of your potential outgoings, check your previous bank statements if you need a refresher and make sure to include those monthly subscriptions – it all adds up!
Hopefully, you’ve found these simple tips handy..
Let me know in the comments if you’ve ever fallen foul when moving house and what you did to put it right!