Reality check – the truth about renting

All over Europe, home rental is the norm but in the UK there’s a big focus on home ownership and we don’t hear many positive stories about renting.  There are so many myths surrounding rental – but, honestly, renting can provide more freedom, less hassle, better choice and less financial risk.  In the UK, research shows that almost 70% of renters are happy with the experience. So what’s been said, and what’s the truth?

The most common rental myth is that you’ll be ‘throwing money away.’  But in fact, the greatest financial risk is buying a home before you’re ready to do so. To buy, you need job security, a huge deposit, stamp duty, legal fees, furnishings and income to cover mortgage payments and bills – to say nothing of unpredictable maintenance and repair.  If you need to relocate, you’ll bear the cost of selling up and moving.  If you’re a first-time buyer, it’s likely you’ll need to settle for an out-of-town location with associated travel time and costs.

Hidden fees? Renting at Temple Place, you’ll find that all costs are transparent.  You won’t pay a fee for registering and all you’ll pay upfront is a deposit and rent in advance – you’ll even be able to rent a stylish furniture package.

‘Bad landlord’ stories have given rise to the popular myth that all renters receive poor service.  A2Dominion is one of a new breed of Build-to-Rent developers, which means that developments like Temple Place, built specifically for rental, are managed as a whole, with an emphasis on excellent rental experience.  The aim is to create a sense of community and provide services that tenants will appreciate including superfast Wi-Fi.

Don’t believe anyone who says you can’t keep a pet in a rental apartment – your dog or cat is a part of your family and will be welcome at Temple Place. What’s more you won’t have to pay extra premiums for pet ownership.

Many landlords object to you keeping your bike inside – but at Temple Place, there’s a secure cycle store and space for you to carry out maintenance and repairs. The superb location means you’ll be able to access the best that Bristol has to offer via the city’s many cycle routes.

Another myth that abounds is that renting in the city centre means that you won’t have anywhere to enjoy fresh air.  Renting at Temple Place means being able to relax and socialise with friends and neighbours on the roof terrace which provides views over St Mary Redcliffe – and there are plenty of parks and gardens in Bristol – the ‘city in the countryside.’  Castle Park, Brandon Hill, Queen Square and Clifton Down are amongst the largest parks and there’s wonderful countryside to explore just outside Bristol.

To find out more about renting a contemporary new apartment at Temple Place at Redcliff Quarter, where Bristol’s historic trading area is being transformed into a new living environment, please check temple-place.co.uk or call A2Dominion on 020 8825 1069