renting in the UK renting in the Germany

[scooterscot]

One thing I don't quiet get, perhaps someone can explain. I've always thought the story of runaway house prices is a little false and it is wages that have failed to keep pace. That aside...

Mrs scooter and I are in the process of letting our house, laterally we're in the process of leasing another in Germany.

Tenants complain endlessly about the rising rental costs - they don't know they're born!

Our agent tells us the maximum deposit we take for our house is 1.5 months. In Germany their typically looking for 3 months rent as a deposit. So I'm expected to let my house furnished (content value way more than 1.5 months rent).

In Germany agent fees are typically 2.38 times the monthly rent, so you could be required to hand over 6 months rent before you even cross the threshold

In both examples we exchanging a like for like property, no extras.

UK tenants have no idea how easy it is to get a roof over their heads.

[aussielong]

One thing I don't quiet get, perhaps someone can explain. I've always thought the story of runaway house prices is a little false and it is wages that have failed to keep pace. That aside...

Mrs scooter and I are in the process of letting our house, laterally we're in the process of leasing another in Germany.

Tenants complain endlessly about the rising rental costs - they don't know they're born!

Our agent tells us the maximum deposit we take for our house is 1.5 months. In Germany their typically looking for 3 months rent as a deposit. So I'm expected to let my house furnished (content value way more than 1.5 months rent).

In Germany agent fees are typically 2.38 times the monthly rent, so you could be required to hand over 6 months rent before you even cross the threshold

In both examples we exchanging a like for like property, no extras.

UK tenants have no idea how easy it is to get a roof over their heads.

Do people tend to rent long term in Germany and pay these costs once in a blue moon? You'd be better off in a serviced apartment perhaps?

[Pondlife]

Aye, plus you have to sign a contract with the agency agreeing to be bent over. Also a form stating how often you would be using the property and how you would be funding the rental. All this for a poxy landlord's phone number and an address.

Theiving Makler B@stards!

[scooterscot]

Do people tend to rent long term in Germany and pay these costs once in a blue moon? You'd be better off in a serviced apartment perhaps?

Yes they rent long term because no-one can afford a house.

We want a home not a suitcase, otherwise the contracting malarky makes us feel we're saving for a rainy day. The trick is to enjoy it while you're doing it.

[aussielong]

Yes they rent long term because no-one can afford a house.

We want a home not a suitcase, otherwise the contracting malarky makes us feel we're saving for a rainy day. The trick is to enjoy it while you're doing it.

Thats why there are high costs then, since the agents get their cut infrequently compared to the UK.

You're right about saving for a rainy day. I should shell out and move into a nicer place instead of this serviced hovel, which is dirt cheap btw.