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Costs Hidden Costs: Sewerage and Insurance Is a Must!
I’m sure that sewerage is the last thing that you want to think about when you move into a new place, but there can be a ‘hidden charge’ involved here. Believe it or not, according to the Renting Guide some water authorities charge a fee for sewerage discharge or waste water. This fee is usually based upon the amount of water that is supplied to your home by that particular water authority. Like the water usage charge, this fee is sometimes passed on to the tenant. If this is the case it should be stated in your lease, so read the fine print!
INSURANCE IS A MUST!
There are no two ways about it—you really need to insure the contents of your home. Financially it is too big a risk not to. What if there is a really bad storm that ruins your computer, bed, carpets, couches or even your TV! Where are you going to get the cash to cover the replacement of these essential items if you haven’t got home contents insurance?
I know so many people who have totally forgotten to budget for home contents insurance. Remember that if you are renting you will only need home contents insurance to cover your own stuff, not home and contents insurance.
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- Basic Set-Up Costs: Renting household goods Part (2) As with renting a place, of course, you are paying...
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