Not every family ends up buying their home. Many people continue to rent for years after they have kids. This does make a lot of sense. It can be expensive to buy a home, particularly when you consider the issue of mortgage repayments. Sometimes it can be wiser and indeed more freeing to rent your property. However, you do need to be careful about living in a rented property. There are advantages and disadvantages of this type of setup, particularly if you are keen to get the deposit you paid back. Deposits can be substantial, particularly if you are renting a house rather than an apartment.
First, let’s look at some of the benefits. One of the biggest benefits is the worry of unexpected costs. When you have a family, it can be difficult to handle large costs that you weren’t expecting at all. This includes a boiler break, a plumbing problem or an appliance that needs replacing. Depending on your setup renting, the landlord should cover most of these costs for you. That means you won’t need to worry about whether or not you can afford them. It does mean that you also won’t have to worry about constantly having a larger sum of money in savings. This is, in turn, frees up your money for other luxuries such as family vacations.
Renting provides flexibility as well. It’s quite possible that even after starting a family you still don’t feel like you have job security. This can make putting down payment on a property difficult and renting might be the best option. It will make it easier to pick up and go, moving to a new location with your family.
Will kids be impacted by the fact that you don’t own the property you’re living in? The likelihood is that, until they reach a certain, age, they won’t be aware of it. As they get older, it still won’t impact their life that much. Though, you should be wary of moving to multiple properties over a brief period as this type of instability may impact their social development. Now let’s explore some of the other aspects you may want to consider when you have a rented property with kids.
Our Great Guide For Renting Property With Kids
Furnished Or Unfurnished?
Generally speaking, unfurnished might be the best option here. Assuming you’re not renting an apartment on the fourteenth floor of a tower block of course. No matter how sensible, well behaved and delightful your children are, accidents will happen. They could tear the furniture, damage it or rip the curtains. Issues like this will happen, and you don’t want to find yourself paying an expensive repair bill when you one day do leave the property. Check out how to avoid wear and tear in a home on TheManual.com.
By purchasing an unfurnished apartment the property or furniture that gets damaged or suffers from wear and tear is going to be your own. Ultimately, this means that you won’t have to worry about paying for any damage, but there’s another benefit to consider here too. Part of the joy of owning property is that you can take care transforming it into a home. If you rent an unfurnished property, you can still do this, simply by choosing your own decor to suit you and your family. Though, you do still need to be careful about damage and practicality.
Choosing The Best Furniture For Your Property
If you are living in a property with accessibility issues, you should think about what is and isn’t going to be easy to move. Let’s start by thinking about your living room. Now, you could get two chairs or a sofa or even a love seat, but if you want to make things easier, why not get a bean bag chair? You can even get a bean bag sofa large enough for your whole family that provides a very comfortable, convenient way to sit together. SackDaddy.com and similar sites have a wide variety to choose from so you can find the perfect choice for your home. Bean bags also come in different colors and their minimalistic design will fit well into a modern home. Looking for some furniture for your bedroom? Well, unlike trying to get a sofa up a narrow staircase, this won’t throw your back out.
But this is just one of the quick and easy furniture options you can think about using in your home. You can also get fabric wardrobes that are an idea if you’re not sure how long you’ll be staying in the property. They’ll give you a great way to keep things neat and tidy even if you’re only going to be in the home for a few months. You don’t want to spend a fortune on wooden furniture that you’ll have to take apart in less than a year.
Or, how about a blow-up bed? It used to be the case that blow up beds was uncomfortable and would often go down in the night. These days, you can get high quality blow up beds that are actually just as comfortable as the memory foam mattress that you could have spent a fortune on. They even come with built-in electric pumps, so you don’t have work up a sweat before you hit the hay. Again, it’s another great option if you know your current accommodation is only going to be temporary and you don’t want to try and get three or four mattresses up six flights of stairs.
The Wonder Of Wall Decals
One of the problems of renting a property is that, unless you have been given instructions by the owner, you might feel concerned about putting things up on the walls. This can leave the property feeling a little empty, a little unloved and a little unlived in. That’s not what you want for your family home, and a rented property should feel like home, even if you don’t own it. A great way to ensure this would be to invest in some wall decals. Wall decals can bring your home to life in a lot of cool ways.
For instance, if you want to add some color and flair to your kid’s room, you can get decals of their favorite action heroes or cartoon characters. Alternatively, if you want to add a little more style to your living area, you can get decals of beautiful works of art or even 3D displays of flowers. It’s a great choice, and they are easy to put up too. They stick to your wall and can be removed like the plastic decorations you put on the windows around Christmas time. They won’t leave a mark, and when you do leave the property, the walls will look like they’ve never been touched.
Look For A Property With Laminate Floors
This is actually great advice whether you are renting or buying your new home. You should be looking for a property with laminate flooring. Laminate flooring is perfect for a new family particularly in a rented property because it is very low maintenance. It’s easy to clean, tidy and a gift for parents worried about spills. If your kids spill on carpet, it can be a nightmare trying to get it clean. This will typically depend on the liquid or the product that has made the mess and with kids that could be anything.
With laminate flooring, you can wipe virtually anything up with a damp cloth. It’s easy, simple and effective. If you already own a property, it is well worth thinking about making this change to your home sooner rather than later. Reports even suggest this change will add value to your home. This website RealHomes.com has more info on other ways you can add value if you’re interested.
Issue With Bills
One of the problems with renting a property when you have a family is that you are often tied down to the energy providers that the landlord has chosen. This can be built into the contract and makes it difficult to save. Particularly, when you have a full family who all use tech that uses a lot of energy throughout the day. However, there is a solution to this particular problem.
You just need to focus on the ways that you can still save when designing your house or apartment. Now obviously, you can’t replace the windows to provide better insulation but what you can do is put up thick curtains to keep the heat in the room. You can also think about the type of tech that you buy for your property. A lot of the tech on the market today has fantastic energy ratings which will make saving money on your energy bill a lot easier, even in a rented property.
Getting That Darn Deposit Back
Finally, you need to think about what happens when you leave home and make sure you get that deposit back. Due to wear and tear as well as spills, this can be difficult, though not impossible. It is worth looking into a deep clean service offered by professionals. If you arrange to have the property cleaned by professionals, you should have a good shot at getting any money back you put in when you moved into the property with your family. You can learn more about getting your deposit back on TenancyDepositScheme.com.