Save Money and Boost Morale; Get Renting!

Save Money and Boost Morale; Get Renting!

Save Money and Boost Morale; Get Renting! Gone are the days when the bulk of renters were college students and young graduates.
Many wannabe homeowners are now faced with drawing out their renting years as bankers turn their backs and are no longer handing out 100% mortgages. Renting is now seen as the sensible option in comparison … to buying a home in a shaky market or shelling out on huge payments especially with pay cuts and freezes in place for many.

But fret not if you are faced with having to rent or fear that you will have to renew your lease instead of the outlook of owning your own pad there have been big changes in the rental scene over the past number of years.

Happy to say it is a renters market and gone are the days of the freezing dingy bedsit and the sharing of a bathroom with countless others. You can now expect to pay a lower rent with prices down by 12% in the past year alone! You also have room to haggle as due to ‘economic circumstances’ landlords are willing to negotiate. BER Ratings, improved standards and laws have all come into force and even better, supply of rental properties outstrips demand so you have a great choice to pick from.

If renting is still not your cuppa tea, hopefully you can be consoled by: we are all in the same boat! And if anything, renting a shared house can bring back fun memories, save money and boost morale.

There are 3 comments for this article
  1. kale kasa at 10:43 pm

    I’d love to buy a house in Co. Mayo, preferably around Westport or Louisburg, unfortunately I can’t afford the down payment right now.

  2. Grace at 1:03 pm

    I’d love to buy a house in Co. Mayo, preferably around Westport or Louisburg, unfortunately I can’t afford the down payment right now. Does anyone have any experience with the rent to buy scheme? I would take an apartment or a 3 bed semi or a detached, doesn’t really matter. Just looking to hear what others have to say about it?

  3. Keith Elliott at 10:12 am

    I seen loads of amazing places to rent in Galway and Dublin on http://www.myhome.ie/lettings . I rented a place last year in Galway and it was terrible and for the same price I can now rent luxury apartments. It’s the best way to get independent and expand your social life….. Sometimes too much!! I agree completely, get renting now. It will be the best summer of your life. Rent!

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