You may wish to consider the following questions before you decide on whether you can afford to take on a tenancy or to find out what you need to consider before you commit to a tenancy.
Have you worked out your budget?
You will need to understand your income in order to plan for the costs involved in furnishing, running and maintaining your home. Costs are difficult to calculate but you will need to be realistic when estimating the cost for things such as gas, electric, food and other weekly costs that you will need to cover when you have your own home.
You may have other costs to pay such as phone costs, credit card bills, travel costs, clothing and other living costs. It will therefore be necessary for you to understand your income and outgoings so that you do not get in debt.
It is important to be realistic over your income and what you can afford as otherwise this may then place you at risk of losing any accommodation that you find or may be offered to you.
The following link provides some guideline figures of what it may cost you to manage your own home:
Do you have furniture/furnishings?
Most properties allocated through Torfaen Homeseeker are completely unfurnished and you may well need to buy some or all of the following;
• Washing Machine
You may be able to apply for help to buy some of the items listed above but this will depend on your income.
Do you have rent in advance?
Partner landlords of Torfaen Homeseeker will require you to pay rent in advance. This will usually be 1 weeks rent but if you are intending to pay rent on a monthly basis then this may be more and in line with your intended payment cycle. The weekly rent on properties advertised varies from approximately £70 to £100 and you will therefore need to start to save for this should you be offered accommodation.
If you are an existing Housing Association tenant and you are moving to another Housing Association property, you may be asked to pay rent in advance on your new home (this means that you would be making an advanced payment of rent on 2 properties). It is important that you move as quickly as possible into your new home as you will be liable for rent on 2 properties until your keys have been handed in. If you are able to hand in the keys to your current home at the same time of collecting the keys to your new home, you will avoid having to pay rent on both properties.
How are you going to move and have you considered the cost?
Even if you have all of the above items and your budget plan in place then you will need to think about how you are going to move. You will need to find the costs for removals or find other means of transporting the items that you have.
Do you owe rent on your current or previous tenancy?
Do you have rent arrears with your current/previous landlord? Do you have a payment plan in place to clear these? Are you aware that you may be overlooked for future tenancies if you are not making regular payments to reduce/clear your arrears?
If you do not already have a payment plan in place and wish to discuss this further, please contact your current/former landlord directly on;
Bron Afon 0800 111 4242
Melin Homes 01495 745910
Charter Housing 01633 212375
Linc Cymru 0800 072 0966
United Welsh 0800 294 0195
Hafod 02920 675800
Do you need further help or support?
If you need further help or support then please contact a member of the Homeseeker Team on 01495 742409.