Renting a home in Greater London is now 85% more expensive than anywhere else – the largest difference ever recorded!
Average rents in the capital have increased by 8.4% over the past year and now stand at £1,260 per month, whilst across the UK the average cost of renting a home now stands at £789 per month representing a 2% increase on the same period last year.
The majority of regions, however, have seen either a decrease or minimal increase in average rents during the past 12 months. Regions that saw the largest drop are the North East and South West where rental costs lowered over the same period by 2.6% and 2.4% respectively.
Neutral white walls, mismatched second hand furniture and an eclectic mix of plates and cutlery, must be a rental property. A rental property doesn’t need to be so bland. Here are three easy tips to making your rental property feel more like home.
1. Insert a bit of colour.
Paint is a great way to brighten up your flat and at £25 a can it’s cost effective too. Most landlords won’t mind if you re-decorate but if your personal taste is outlandish (think bright pink walls) they may request that you return the property back to its original state when you leave.
Before you make any changes it is imperative that you seek approval from your landlord first. The landlord may even pay for the paint if you offer to do all the manual work.
2. Choose statement pieces that you can take with you
When furnishing your new place, choose pieces that are easy to pick up and take with you. Smaller items such as light fittings, lamps and rugs are easy items to remove that help your new place look more homely.
The nomadic life of a renter means that with no fixed residency you may not want to spend money on furniture that may not suit or worse fit into your next property. If you live a transient lifestyle bespoke furniture hire might be a better option for you.
3. It’s all in the details.
You’re not in high school anymore so retire those old movie posters in favor of unique artist prints. Many artists these days create limited prints of their work that won’t break the bank. Prints start at around £20 and can go up to £500.