I'm looking for a flat in central London, what is the difference between renting and letting?

Question

I'm a first time "renter" so I'm not much into the details of these negotiations. I've read some articles on these matters but I guess I'm still missing the essential difference between these two pay-by-week modes of having a property.

Answer 1

It is simply two different words for what is essentially the same thing - however "letting" often refers to renting through a third party (an agent hired by the owner to oversee the renting out of the property - so the owner doesn't have the hassle of dealing directly with the tenants)

Answer 2

Renting is Letting no difference, just different names for the same thing.

Answer 3

Of the two, i might recommend staying on the Aldgate campus. substantial London is the hub of the city; it particularly is the place it particularly is at. you would be closer to factors of interest and different issues to do. Islington is greater residential; regularly streets of residences and it will take longer to get in to the city.

Answer 4

I believe renting is renting from the actual owner of the property. Letting is renting from someone who has a lease with the actual owner of the property. i.e. "sub letting" or sub leasing

Answer 5

No difference really, except the landlord lets the flat to you, and you rent it from the landlord. Hope this helps

Answer 6

Usually you would rent a flat and the land lord would let it with an advert something like " Flat to let".

Answer 7

Renting is where you pay for a certain amount of time to stay in a house/room. Letting is where you let someone rent to stay in your house/room.

If you're looking for a house. You're not going to rent.

Answer 8

it is as jimobasa has said above!