If you are about to rent a flat then you need to be prepared to part with a lot of money that you're not going to get back. While renting is no doubt cheaper than buying, the unfortunate downside is that you won't be investing that money and you'll never get to 'sell up' and cash in.
Thus you need to try and minimise your expenses as much as possible when renting, but that means thinking about more than just the upfront cost of rent. There are many other costs that you need to take into consideration here, so let's take a look at some of them...





