The question on whether to Rent or Buy a property is one that people often ponder. The answer is very dependent on your financial situation, lifestyle and attitude. Renting is a particularly good option if you enjoy the freedom to move around or if your personal circumstances are likely to change. It easily allows you to give notice and move on with little delay and the financial and legal considerations of having to put your home on the market and sell it.
Renting also removes many of the responsibilities for maintenance to the property as this is mostly required to be carried out by the landlord, saving you time and money. Perhaps the largest reason why renting would better suit you than home ownership is that you are not ready for the ongoing financial commitment of repaying a home loan. This can take commitment and depending on your personal circumstances may mean you need to adapt your lifestyle.
You may have to postpone an overseas trip or another big purchase. Home ownership is a big decision which is right for some people and not right for others. You should assess your priorities and decide from there whether renting or buying is right for you.
Whether you do choose to rent or buy, the moving process can be a stressful one! Needing to organise kids, pets, service providers, insurance and, the move itself, can be expensive and time-consuming. The Rent Shop wants to share some tips and tricks to make your move easier. See below for our recommendations on utilities, moving checklist,and favourite tips!
Ensuring your broadband and electricity are connected in time for your move-in date is very important to us. We don’t want you to be without either, especially if your move-in date is close to a weekend! That’s why we recommend all of our tenants contact Fast Connect to help with their utilities.They offer a free service to either transfer your existing suppliers from your old home to your new one, OR to find you the best new deals at your new place. We think they’re great because they work with all major suppliers in New Zealand so have the best industry knowledge, the best access to rates and prices,and often special deals you won’t get elsewhere!If you haven’t already, apply here: Fast Connect Application Form
· Create a digital MOVING folder, keep quotes, receipts and take pictures of how your electrical items are set-up
· Try to minimise your things to make the move easier –you might not need all that stuff at your new home!
· If you have kids, update your address with their schools, day care or kindy
· Get your hands on some packing boxes and tape and start packing!
· Request time off work if needed
· Organise disconnections / connections of utilities-Electricity, Gas, Internet through Fast Connect
· Organise change of addresses for your driver license, bank, work
· Pack out of season clothing into suitcases as early as you can
· Label the boxes that have been packed. Mark boxes with fragile items!
· Don't overload boxes, keep the weight manageable and mark boxes clearly for the room they belong
· To save on packing materials use clothes to wrap and separate fragile items, or use up space in boxes
Moving Day Tips
· Inspect each room to see if there is any damage or marks on the walls
· Put all your important stuff in a bag and hang by the front door – phones, keys and medication.
· Ensure you have handed over all the keys for your old property, and have all required for your new one
· Check if you have all the required bins outside, check online with your new local council for info on garbage collection days.