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Advice Centre Blog – 30/10/2024

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Nicola White – Adviser

Renting 101

 

As a first-year university student, navigating the world of renting can feel like a daunting task. Whether you’re moving away from home for the first time or transitioning from halls accommodation to a private rental, understanding the basics of renting is essential. In this blog post, we’ll cover everything you need to know to make informed decisions and ensure a smooth renting experience.

1. Understand Your Budget

Before you start searching for rental properties, it’s crucial to understand your budget. Consider factors such as your student loan, any financial support from family, part-time income, and living expenses.

2. Start Early

The rental market, especially in university towns and cities, can be competitive. Start your search for accommodation early to have the widest range of options available. Begin researching rental properties well in advance before your intended move-in date.

3. Research Local Rental Market

Take the time to research the local rental market in your university town or city. Look for rental listings online on websites such as SASSH, Rightmove, and Zoopla. Attend property viewings to get a feel for different neighbourhoods and property types.

4. Understand Rental Contracts

Before signing a tenancy agreement, carefully read and understand the terms and conditions of the contract. Pay attention to clauses regarding rent payments, deposit requirements, maintenance responsibilities, and termination procedures. Seek clarification from the landlord or letting agent if you have any questions or concerns.

5. Budget for Additional Costs

In addition to rent, budget for other expenses associated with renting, such as utility bills (electricity, gas, water), internet, TV license, contents insurance, and council tax (if applicable). Factor in one-time costs like a security deposit, agency fees, and moving expenses.

6. Know Your Rights and Responsibilities

Familiarise yourself with your rights and responsibilities as a tenant. Understand landlord obligations regarding property maintenance, repairs, and access. Be aware of your rights regarding privacy, rent increases, and eviction procedures. The government’s official website and our Advice Centre resources are valuable sources of information.

7. Communicate Effectively

Maintain open and clear communication with your landlord or letting agent throughout your tenancy. Report any maintenance issues promptly and in writing (email, texts). Keep records of all correspondence and agreements for reference.

8. Take Inventory

Before moving in, conduct a thorough inventory of the property and its contents. Document any existing damages or defects and take photographs as evidence. This will protect you from being held responsible for pre-existing issues when you move out.

Renting your first property as a university student is an exciting time. By following these basics of renting, you can make informed decisions, protect your rights, and enjoy a positive renting experience throughout your university journey. If you need any help or support with understanding your contract or knowing what is right or wrong, please do not hesitate in contacting us at the Advice Centre. Happy renting!

 

Contact The Advice Centre

Telephone: 023 8059 2085

Email: advice@susu.org

Opening hours: Monday – Friday, 09:00am – 17:00pm

Location: Building 40 Highfield campus, above The Stag’s