Renting a home for a longer duration can have some unexpected implications on your finances. It’s good to be prepared for this because otherwise you risk not only losing your security deposit but potentially having to pay even more on top of it.

There are certain expectations towards tenants that are standard in most rental contracts, and you should assume that they are in play in your situation by default as well. Unless your contract explicitly states otherwise, you’re likely responsible for the maintenance of certain aspects of the home if you’re renting beyond a certain period of time.

See some considerations below:

1. Flooring
Flooring can get worn out over time, and when you decide to leave the home, it could look a lot different to when you moved in. This is especially true for hardwood and certain other types of flooring. It’s a good idea to know the contact details of a good company for wooden floors Balham ahead of time so that when the day finally comes, you can just ask them for an estimate and start sorting out your finances more easily.

2. Walls
It doesn’t matter if you’re using wallpapers, paint, or any other type of wall covering; you should think about the maintenance of your home’s walls over a long rental term. This is usually easier to fix up compared to the floor and will cost you less money in the general case. There are some exceptions where you might have to pay more for a more expensive type of cover, but you might be able to negotiate a different replacement with your landlord in that case.

Read More: https://airnewsonline.com/maintenance-considerations-for-long-term-renting/