We have put some tips together that we think anyone who is looking into property should look into, we've complied these tips with the following in mind -
Landlords –
Tenants -
Sellers -
Buyers –
To answer the question of buying or renting and which is better is purely based on what you are looking for and your circumstances. Each of them have there own advantages and disadvantages and it purely depends on what you are looking for in terms of if you buy a property or choose to rent a property.
Buying -
Buying a property can be a stressful and expensive experience but once it is has been completed you can say that you’ve made an investment in your future. The advantages and disadvantages all vary and there might be a surprising amount of disadvantages to buying your own house.
The advantages to buying your own house includes –
The disadvantages of buying a house are –
Renting –
There are many advantages of renting a property rather than buying, we have listed some of these below so you can see -
As well as all the positives about renting it does also come with its fair share of disadvantages -
In conclusion, the buy vs. rent argument will always depend on your own circumstances and how it fits you best. Both of them have their fair share of advantages and disadvantages but it will always be personal preference as to why you choose one over the other. This article would of hopefully helped to show you both sides to the argument so you can make a decision that suits you the best whether it be to buy a property or to rent one.
Why Choose Wolverhampton?
Wolverhampton is a vibrant city in the heart of the West Midlands. Whether you are looking for somewhere to settle down with your family or if you are someone who is at the local university, there will be something here to suit your needs.
The transport links from Wolverhampton mean that travelling to work is easily done, the city boasts a bus network which means you can travel across the West Midlands using the network, the train network is also extensive with major lines running to Birmingham, Manchester and London daily. The city also has its own tram network which runs between Wolverhampton city centre and Grand Central (Birmingham New Street), and the city also has close links with major motorways such as the M6, M5 and M54.
Shopping in the city centre is very enjoyable as there are an array of shops such as Next, Primark, River Island and Boots. The main indoor shopping centre has recently undergone a redevelopment, which now houses a big Debenhams department store. The city also has great links with other shopping areas such as Merry Hill, Birmingham and Telford all of which have an abundance of shops suited to everyone’s taste.
In Wolverhampton there are a lot of places to get good food from with Nandos, McDonalds, KFC, Cosmo, and Bella Italia all being popular places. Some of these are at a smaller shopping area in Wolverhampton called Bentley Bridge which houses shops such as Dorothy Perkins, Peacocks, Home Bargains and Aldi on the retail park.
The city also has great housing areas for families with places such as Penn, Castlecroft, Perton and Compton being popular choices, with house prices averaging around £200,000 or for renting around £625, this means that these areas are affordable and in good locations for raising a family. If you are looking for somewhere for a single person or closer to the centre of the city then places such as Whitmore Reans or the city centre itself can be very handy if you need to get to places such as the university, in these areas rents can average between £400 - £600 depending on what you need.
If you are looking to move to Wolverhampton to raise a family then schools will be a big focal point of where you move. In Wolverhampton there are many schools, which are achieving good grades including secondary schools such as Wolverhampton Girls High School and Highfields School. The primary schools are also very good in Wolverhampton with St Jude’s Church of England, Grove Primary Academy and Elston Hall all doing very well. There are also a lot of choices for further education with Wolverhampton College and many sixth forms across Wolverhampton being rated as good or outstanding by Ofsted.
Wolverhampton has a lot of things to do with there being a lot of parks such as West Park and East Park. The city has a lot of attractions, which are easily assessable with the travel network surrounding Wolverhampton, Alton Towers, Drayton Manor, The Royal Air Force Museum Cosford and the Black Country Living Museum are just a few to name. If you’re a big sports fan, Wolverhampton is home to a well known football team – Wolverhampton Wanderers or Wolves, the stadium is located right in the centre of the city so it is easily accessible if you wanted to go and see a game.
Fun Facts –