THE TOP 5 REASONS YOU SHOULD RENT NOT BUY

OK, so the time has come , you’re moving out and will you decide to rent or buy? to help you reach that all important decision we've collected your top five tips on what we feel is the best route for any first time buyer or re-locator in 2013.

1. Less responsibility – Forget fixing pipes or getting boilers serviced, if something breaks, your landlord will most probably fix it - a lovely luxury that a home-owner would have to face and pay for .

2. No Loan – Purchasing a home will almost certainly include a loan to buy it , mortgages are tricky things and can make for some complicated reading , making sure you secure the right rate, not to mention the re-payment options and being tied in for a number of years. Not appealing. Renting will let you have freedom, pay your bills and get out when you choose - no ties , no payback and no risk of losing money in the uncertain housing market of today.

3. More freedom and more choice – How long your rent for is up to you , yes there is a minimum of a 6 month let on most rentals, however in the grand scheme of things , that’s not long and you are free to move on when or if you fancy a new location. When you rent, the world really is your oyster, embrace it and go rent hoping!unless you fancy being tied down to loan repayments for the next 30-40 years that is?!

4. A little bit of luxury - In this rental market , you could quite possibly get lucky and secure a something with a bit of style . Something that you simply couldn't afford on the housing market but could easily split between friends in a house share. Letting you live the high life till you really are ready to get tied down to a property permanently.

5. A quick fix – Renting is a fantastic option for those of you who are looking to move on and in quickly. Rentals can take just a week to settle searches,  paperwork and references. Buying a house can take an average of  12-16 weeks - from offer acceptance to completion - not forgetting lack of security on your purchase with risks of falling through and money being lost of solicitors/conveyancers before you've even moved in.

Now it’s time to make that all important decision , look at what your life requires at this moment in time, renting is a great option for those who don’t know just yet and want to explore their options, giving you a sense of freedom that you simply won’t get with a house purchase. bite the bullet, make your move and add a bit of variety to your living - rent.