Looking to share a flat with friends?
- 16th September 2014
- Renting Property News
ludlowthompson’s top tips for groups looking for a dream London rental home to share.
Stephen Ludlow, Chairman of ludlowthompson, has these top tips for groups looking to find the best possible house-share in London:
- Guarantors can tip the balance. Younger tenants who can provide a guarantor are more appealing to landlords, as they offer more security.
- If you are a student and you have a part-time job, it’s good to highlight this when you talk to your letting agent.
- Likewise, if you or your fellow flatmates are about to start your first graduate job it's a good idea to let the landlord know by informing the estate agent.
- Tight-knit groups appeal to landlords. If you are renting with a group of people you have lived with before, you’ll be seen as a safer choice by landlords, as they believe you’re less likely to ‘split up’.
- Similarly, if you are a student or young professional, landlords will prefer to rent to you if you are living with a group you are closely linked to. For example, you may go to the same university or be starting the graduate recruitment scheme. You may even share the same pastimes or hobbies. If so, it is well worth letting the landlord know.
Guarantors are essential to securing a house share as they offer the landlord more security in the event of damages or a house mate leaving.
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