Your step-by-step guide to buying, selling and renting

1. 1

   Step 1

   Define what you need

   Decide your monthly budget, the size and number of rooms, the area and how far you can commute. Remember to include service charge, utilities and the one-time deposit in your budget.

2. 2

   Step 2

   Search and visit

   Shortlist verified rentals and visit more than one. Ask an advisor to arrange the visits so you can compare in a day.

3. 3

   Step 3

   Check the home carefully

   • Water pressure, gas, electricity and internet
   • Doors, windows, locks, fittings and any damp or cracks
   • Lift, generator, security and parking
   • Whether service charge and utilities are included in the rent
4. 4

   Step 4

   Check the landlord's papers (tenants)

   Make sure the person renting it out really owns it or is authorised to rent it. Ask to see proof of ownership or authority and their identity document. Landlords: verify your tenant's identity and keep a copy.

5. 5

   Step 5

   Agree clear terms in writing

   • Monthly rent, due date and how it is paid
   • Advance or security deposit and the conditions for returning it
   • Yearly increase, if any, and the notice period for leaving
   • Who pays service charge, utilities and repairs
   • Rules about subletting, pets and alterations

   Put everything in a written agreement signed by both sides.

6. 6

   Step 6

   Sign and move in

   Before you move in, record the condition of the home with photos, note the meter readings and get a receipt for every payment, especially the deposit.

7. 7

   Step 7

   During and after the tenancy

   Pay on time with a receipt, report problems early and keep the home in good order. When leaving, give the agreed notice, clear all dues and check the home with the landlord so the deposit is returned fairly.

   This guide is general information, not legal advice.

General information, not legal advice.