Always insist on proper documentation even in private arrangements. Use standard lease agreements, lodge bonds officially, and get receipts for every payment. Informal arrangements might seem easier but leave you vulnerable without proof of tenancy.
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If considering any private option, ensure you fully understand all terms, compare multiple providers, and calculate the total repayment amount before making any commitments.
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This option provides maximum property choice and location flexibility, allowing you to navigate the rental market independently without government involvement, though it requires stable employment, good credit history, and significant savings.
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