The construction industry is full of myths, but one that’s pretty common is the one about renting out a flat to the highest bidder.
That’s a common tactic for private companies, which are usually able to negotiate with property owners directly.
But what if that wasn’t possible?
The real world is filled with people who aren’t necessarily “good at negotiation”, and that’s where we come in.
For example, many of us can’t afford to pay our mortgage or rent when we have children, so renting a flat might be a better option for those with modest incomes.
But in reality, many people in this industry are making far more money than they’d like.
“A flat is a luxury item,” says the head of a large construction company.
“It’s the same with a business.
If you have a small number of people, it’s a good way to make money.”
In the UK, the average rent for a flat in a property worth £10m is £5,400.
This is about half of what the average British family would pay for a house.
But it’s not that simple.
A typical property could cost between £10 and £20 million, which isn’t too far from the rent for an apartment in the UK.
The reality is that most landlords are willing to let you borrow money to pay for the apartment, even if you can’t pay the mortgage yourself.
In the past, you would have had to pay a down payment, usually £5 million, plus interest.
In 2018, the UK’s housing market was at record highs, but most landlords weren’t willing to loan out any of their property.
The problem is, if you’re struggling to pay off a mortgage, renting out the flat may not be the best choice.
Renters will also often have a different idea about how much money they’ll make on a flat, or what they should expect to make from the flat.
They might want to be making a living from it, but may not have any plans for their next move.
If this is the case, it may be better to rent out the house.
If a flat is cheaper than you thought, you may not need the rent.
But if you don’t want to pay more, renting it can make you feel better.
Here’s how to find a suitable flat.
Renting a property is a long and slow process, and is not cheap.
The real-estate market is so competitive, it doesn’t make sense to rent a flat at a loss.
There’s also the fact that many people want to live in a house they can afford, so a flat isn’t necessarily the best option for everyone.
“There are many people who have been living on the edge of the economy for years and are happy with that,” says Paul Goggin, director of research at Property Economist.
“I’ve worked with them, and it’s clear they’re making more money on a small property than a property they’d rent out.
But they’re also struggling to put together the right deposit and the right mortgage.”
You can rent a house with the right amount of deposit, or pay more than you’d like to borrow.
But not all landlords are keen to help people make the move.
“Some landlords have the view that if you get a good deposit, you’re better off buying a house that you can afford to live there,” says Goggen.
“They may not see a lot of profit from renting a property.”
If you can get the deposit down, you’ll have to put up with some drawbacks.
You’ll probably have to live with roommates, or work as part-time, or both.
This might mean that your family members won’t be able to live near you, or that you won’t get enough childcare to make ends meet.
There might also be an extra cost to renting out your flat.
This can be a big factor in whether or not you’re able to get an apartment that suits you.
“If you don, you could end up paying too much rent, because your landlord won’t let you live in their flat,” says John Pritchard, head of real estate at property investment firm Arup.
“You’ll end up renting a small place that you don