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 only for students or those unable to purchase, renting has become an increasingly attractive alternative to buying by providing a number of unique benefits such as:
- Flexibility – when you rent you agree to stay in a property for a fixed length, usually 12 months, meaning that you are free to move elsewhere should you want to
- Cost – because you do not own the property you are not liable for property maintenance costs or replacing expensive items such as boilers
Though currently not as heavily regulated as the resale and buying market, many new rules have come into effect over the last couple of years providing greater protection for tenants.
While the majority of tenants will never experience a problem with their tenancy or landlord, it’s important to understand what’s usual (and what’s not) and what’s expected from both parties.
Rental property availability
The availability of properties will change through the year and at certain times of year there will be more competition or less choice. The peak of the market is generally in late summer from July through to early September and you can find yourself competing with lots of other potential tenants.
Your agent or landlord must give you a copy of this guide as part of the standard paperwork for letting a property. If you’re not given one, ask for one.