Get it right and private renting as a student can be truly fantastic. But at the same time, get it wrong and it can add a serious dose of stress to the university experience. The simple fact of the matter is that you cannot take things for granted and simply expect every landlord to do their job properly.
So as far as the UK’s leading experts are concerned, here’s a quick rundown of just a few of the most important guidelines of all when it comes to private renting as a student:
Deposits – First of all, landlords are now required by law to put deposits paid by tenants (including students) into one of the three Government approved Tenancy Deposit Protection Schemes. This basically protects your deposit and is now a matter of UK law, so it’s important to read up on your rights before handing over a penny.
Research – Do your homework and try to find as much information as you can about the area in which you intend to stay, the property itself and ideally about the landlord. Chances are that with a few searches online and by speaking to the university itself, you’ll find out whether or not you are making the right decision.
Varsity Lets have been offering student accommodation in Loughborough for over 20 years, are accredited by Loughborough Student Accommodation Services and have houses in prime locations.
Experts – There is a very big difference between renting a place from an established landlord and renting from some random amateur who doesn’t know what they are doing. The more experience they have, the better their reputation and the deeper their knowledge, the better for you!
Contracts – Call it a contract, the tenancy agreement or anything else, you need to read every single letter including the small print. For your responsibilities as a tenant, if you don’t take into account every single word, you have no idea what you are signing into.
Bills – Don’t forget that while your rent will constitute your biggest expense, you’ll also need to take into account Internet access, television licensing, utility bills etc.
Security – Rather than taking things for granted, be sure to carry out as many checks as necessary to ensure that all entrances, windows, locks and security measures in general are working as they should be.
Insurance – Last but not least, it’s imperative to ask the property owner about the type of building’s insurance they have, but at the same time you will also need to take out contents insurance to cover your own property.