The present downtrend in the UK housing market was preceded by a strong boom. The attitude of the people underwent a sharp change during that period. The high property prices discouraged several homebuyers, particularly the first time house buying people. Many persons opted to rent a house or a flat or lease it on short-term or long-term as a money-saving option. This trend helped the hundreds of letting agents and estate agents in the United Kingdom. Whilst renting a house or a flat is a wise decision from one perspective, you should also be fully aware of the risks involved in opting for a rented accommodation. The problems in house rental, the tenancy rights, the rights of the property owner and several other delicate issues have to be understood both by the tenants and the landlords to have a hassle free tenancy agreement.
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