Renting a house, apartment or room for the first time is easy to get wrong. Most problems come from a handful of avoidable mistakes. This guide covers the common ones for tenants, followed by the pitfalls landlords should avoid.
Not assessing your full budget
Start by deciding what you can realistically afford, then look only at properties within that range. Rent is not the only cost — budget for:
- Security deposit
- Moving costs
- Agent commission
Skipping this step is the most common mistake renters make, and it tends to cause problems later.
Not visiting the property
In a busy market, some renters agree to move in without seeing the property. Always visit first to check its condition, meet the neighbours and look at nearby facilities. A visit also confirms that the property is the one you were shown — photos supplied by agents do not always match the actual unit.
Not reading the lease agreement
The lease sets out the terms both you and the landlord must follow. Read and understand every clause before signing. If any part is unclear, ask a professional to review it.
Ignoring the current condition of the house
Inspect the property carefully before moving in. Record any existing damage with photos and videos, and note it in the lease agreement. This protects you from being blamed for damage you did not cause.
Relying on a verbal agreement
A verbal arrangement is difficult to prove or enforce if a dispute arises. Put the full terms and conditions in a written agreement signed by both parties.
Choosing the wrong roommate
Sharing can lower your costs, but an incompatible roommate can create ongoing problems. Paying a little more for the right arrangement is often worth it.
Breaking the terms of the agreement
Once you have signed, follow every clause. For example, keeping a pet where pets are forbidden could lead to a fine or a request to leave.
Leaving before you have found your next place
Do not give up your current home until you have secured the next one. Finding a suitable property can take longer than expected.
Mistakes landlords should avoid
- Renting out a property without properly verifying the tenant
- Avoiding agents purely to save on commission
- Failing to maintain and update the property
- Adding unreasonable clauses that a tenant will struggle to meet
- Setting rent above what the market will bear
Frequently asked questions
Plan for a security deposit, moving costs and any agent commission in addition to the monthly rent.
This article is for general information only and is not financial or legal advice. Prices, approvals and project details change — verify with the developer and relevant authority before making any payment.
- Renting
- Tenants
- Landlords
- Lease agreement
- Buyer guide
