Lease of property
Today, many people travel abroad, to England included, to work, to study, for personal reasons, etc. Naturally, a question of housing is one of the most urgent ones for visitors. In order not to get confused and competently conclude a deal, it is necessary to know the subtleties and nuances of the process of lease of property in England.
Types of lease
Lease of property in England can be of the following types:
In the first case it comes to renting a house for 1-6 months.
As practice shows, the most popular variant of the lease is a one year lease with a possibility to be further extended.
The price of your issue
Keep in mind that the most expensive housing is in London and the South East of England. Prices for housing in Northern Ireland, Scotland, the north of England, in Wales More are more affordable.
Housing prices in the UK will depend on its location, as well as on the prestige of the area. For example, the cost of living in a nice apartment in London can cost up to 2-3 thousand pounds a week. If you choose a house on the outskirts of London, you will pay up to 150-200 pounds a week. However, note that for this amount you can only rent a small apartment. Also, be prepared for various neighbors of different nationalities.
Subtleties and nuances of the lease
Note that finding a good housing option is not an easy task, if you are lucky enough to encounter such an option, do not hesitate for a long time as it can be easily taken away from you under your nose!
A lease of housing in the UK for longer periods implies that the tenant pays all utility payments.
Foreigners, who have no credit history in the UK before they leave the country, must fully repay a short-term lease or pay for six months in the case of a long-term lease. If you have a favourable credit history, a payment for lease can be made in equal installments.
An obligatory condition is to submit the bail amount, which is determined by 1-1,5 months of rent. This amount serves as a guarantee for the preservation of tangible property. If at the end of the contract the lessor has no complaints to the lessee, this amount is returned to the latter.
At the conclusion of the lease agreement, both parties conclude a document that prescribes its duration, the rights and obligations of the parties, the cost of services, etc.
If you want to find a housing option suitable for you in all respects in short terms and at a reasonable price, contact us. We will help you to gather all the necessary documents, saving your time and money at the same time.