A ‘holding deposit’ or ‘reservation deposit’ is different to a ‘Tenancy Deposit’. Holding deposits Holding deposits (often the equivalent of a week’s rent) are taken so that the agent or landlord can take the property off the market whilst they conduct their reference checks. Assuming the reference checks are successful, this holding deposit is normally then offset against either...
When you’ve found a property that you like, it’s time to make an offer. If you are submitting your offer to an agent, they’re obliged to pass the information to the landlord for consideration. Paying the asking price does not put the landlord under any obligation to accept – but it usually works. The acceptance process varies. In many agencies, if the price is good enough and the...
What is a Built for Renters property? ‘Build to Rent’ is an industry term used to describe properties, usually apartments, that have been built to provide private rental accommodation to tenants. We use the term Built for Renters because it describes exactly what these types of properties are, so you can easily spot them among rental listings on our site. Unlike regular properties you might...
Standards across the residential market can vary substantially from landlord to landlord, and it’s difficult to know in advance what your new landlord is going to be like. At the moment, there are no national review sites to help you decide which landlord to work with and often people make a choice based on the property rather than how good the landlord is. Using an agent will help make sure...
With most properties now being listed online, it’s easy to find property that meets your needs. However, with such a large selection to choose from, it’s worth taking the time to ask yourself exactly what you’re looking for before you seriously start looking; this will help you to firm up your requirements and narrow the options more efficiently. There are three key criteria you’ll need to...
When you’re looking to rent a home, you’ll be asked by the landlord or estate agent to provide references to show you can afford the rental payments. A traditional reference check takes into account your credit score and affordability. This type of check often uses bank statements, payslips and references from your employer and previous landlords, which can be time-consuming to source....
When you’re searching for a property to buy or to rent on Hadsul, you’ll see there are lots of different terms used on the property details page. These describe how much it will cost and how long you can live there for. Sales Listings: Price Knowing the purchase price means you can work out the total cost of buying the property. Not only mortgage payments and deposit, but also any stamp duty,...
With the distinct lack of affordability in the sales market, over the course of the last decade more and more people are renting, up to a third of the population in urban centres. Renting is an option of choice for many now because of the flexibility it offers: Long term tenancies start from as little as 6 months and you can move after this time if it doesn’t work for you. Being able to...
Moving home isn’t an easy task but being prepared can help to make the process smoother, saving you time and unnecessary stress. This guide to renting aims to provide you with the advice you’ll need to get the most out of renting as well as reassurance with answers to common problems and questions. The Ugandan rental market has grown significantly over the past few years. Though once reserved...
Introduction to commercial property disposals If you have a commercial property to sell, there are numerous factors to be aware of. You will need to have an understanding of the legislation surrounding commercial property sales, local property values and an awareness of what commercial property buyers are looking for from sellers. Preparing to sell Just like you would with a residential property,...