Start with your monthly limit
Choose a figure you can afford consistently, not just in an unusually good month. For a rental, consider the rent alongside electricity, water, internet, travel and groceries.
If you are buying
Your budget should also account for the deposit, mortgage payment, valuation, legal fees, insurance and government charges. A mortgage calculator can help you test different price points before you enquire.
Focus your search
Once you have a range, compare locations as well as properties. A lower rent can be offset by longer travel times or higher utility costs.
Keep a small reserve for moving, repairs or unexpected costs. It gives you more confidence when the right property appears.
Before you contact an advertiser
- Check whether the price is monthly, weekly, nightly or a total amount.
- Ask what utilities, maintenance or fees are included.
- Confirm the location works for your daily routine.