Although these things do sound great, there are always the disadvantages to every situation.  With house renting only your landlord will be benefiting from capital appreciation as they own the property and the renter does not.  On average property prices double every nine years which means that an investment opportunity you could’ve received is now wasted.

 

Another disadvantage is that not every landlord will be someone you like.  Although there are many laws that are in place to protect individuals that rent properties, an ugly landlord can often make your life miserable despite them.  So it’s always advised to do some research on your future landlord to hopefully avoid any of these situations.

 

The last thing that can be a disadvantage in renting a house is that if you have bad credit is may often be very difficult for you to be approved by a letting agency.  Letting agencies perform credit checks and if they turn out bad they generally won’t want to rent their property out to someone that has a history of not paying their bills.  Often times the individuals that are rejected to rent a property through a letting agency will turn to the landlord itself who they can rent directly through.
 

Renting a house is excellent for individuals seeking a short term housing solutions, especially during a recession, a new job location or possibly during the building process of your new house you wish to buy.  Whether you intend on staying for a short or long period of time in your house rental keep in mind all the advantages and disadvantages that may come with the living situation.