5 reasons why renting is great!

If you go house hunting, you will encounter some serious dilemmas along the way. Are we looking for a house, an apartment, or a building plot to build our own dream home? And were as renting is great or buy is best?

It can be a lengthy debate without a ready answer. There are many supporters and opponents of renting and buying. For example, many people prefer to buy a home because they see it as an investment for later. Or because renting is, so to speak, wasted capital. The nonsense of course, because renting is really worth considering. These 5 reasons explain why!

1. Renovation costs? Not for you!

As a tenant, you sign the lease with the unwritten promise to treat it with due diligence. Does this mean that everything that goes wrong is for the landlord? No. For example, does something go wrong due to (incorrect) use? Then it is up to the tenant to solve the problems. Of course, you also have to do the painting yourself. But are repairs required due to normal wear and tear or force majeure, such as roofing due to a storm? Then it is up to the landlord to take care of this.

2. Those who rent need less start-up capital

Anyone who is choosing between renting and buying will at some point be talking about the budget anyway. To buy a home, you need a certain amount of capital, especially if you also want to borrow or have to take the purchase costs into account.

Of course, anyone who rents does not have these costs. Please note that (for the time being) you must put a 2-month rental guarantee on the table. In any case, renting is not bad if you want to stand on your own two feet, with a slightly more limited budget, because in the end, you can make it as expensive as you want. And what you do not have to spend, for the time being, you can of course save or spend on fun things, such as a trip.

3. The extra costs are lower

Normally, anyone who rents a house does not invest any equity in the house. The monthly costs are already lower than when you pay off a mortgage. Other costs are also less, such as insurance and taxes. Finally, the average rental properties are smaller than if you would choose to buy a home. For example, the surface may be smaller, so you certainly pay less to heat your home. Another golden case for the wallet!😉

4. Renting is great gives you more freedom

Freedom, what do you mean freedom? Well, in almost all cases you are not stuck with your rental home for life. Are you not completely satisfied with your neighbors after a while, is the rent still too expensive or are you looking for a larger house with a garden because of family expansion (or because you want a pet )? Then you can always look for a new home.
Pay attention when you move. Depending on how long you live in your current rental home and the type of contract, you may still pay a fine. Read more info here!

5. Renting is great You can cohabit with anyone you want

And finally: when you buy a house, it is in many ways more difficult to do this with your best friend, for example. Because what if someone wants to leave the house because he or she has found true love? Indeed. When renting this is less complex and you can just live with your brother, sister, friend, or stranger!
Renting, so it might not be a bad idea. But as with everything else, look before you leap. Everything has its budget and renting is certainly not free. But with the right preparation, you will always end up on your feet.

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