Simple Guide to Student Renting

If you have someone planning to start university in September, it’s probably the first time they have lived alone. So here are a few pointers about how to secure a student rental property.

Check with your university: Many allow first-years to stay in halls of residence on campus. Alternatively, they can advise you where to find approved landlords. They can also provide you with proof of your student status to show the council to exempt you from paying council tax.

Choose a guarantor: This is someone – usually a parent – with a stable income who can pay your rent if your student loan or income won’t cover the cost. Many landlords will still ask for a guarantor even if you can afford it.

Joint vs. individual tenancy agreements: A joint tenancy means you and your co-residents are responsible for the rent on the whole property, while individual tenancies mean you’re only liable for your share. 

Give yourself time: It can take several months to find a student home, so start looking well before you’re due to start university or move out of halls.

Sort your finances: Set up a standing order with your bank so you never miss your rent payments, and save a deposit for your home in good time (this will be returned to you at the end of your tenancy, minus deductions for damages).

Simple Guide to Student Renting
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