As the new term begins, mydeposits.co.uk, a Government-approved
tenancy deposit protection scheme is offering advice to students
who might be renting a property for the first time.
For most students, going to university will be their first
experience of living away from home. But this shouldn’t be a
daunting prospect. Mydeposits.co.uk has some simple tips for
students to help life run as smoothly as possible.
1. MONEY, MONEY, MONEY
Before you move in most landlords will require a deposit, typically
a month’s rent in advance. This, coupled with the first monthly
rent payment can really add up, so make sure you have budgeted
properly.
2. MAKE SURE THE DEPOSIT IS PROTECTED
By law your deposit money has to be protected in one of three
authorised schemes. Make sure you ask your landlord which scheme
protects your money and ask to see proof*.
3. WHAT TO EXPECT
You have a right to enjoy your home without interference, but your
landlord also has a right to inspect the property during your
tenancy. They will need to give you 24 hours notice for any visits.
Towards the end of your tenancy you must allow your landlord access
to show prospective tenants around the property.
4. YOUR RESPONSIBILITIES
It is worth looking after the property and sticking to the terms of
the contract. This can range from not putting nails into the walls,
to maintaining your garden. House parties are a part of being a
student, but stained carpets and cigarette burns will be deducted
from your deposit. 58 per cent of disputes at the end of tenancies
arise when landlords withhold money for cleaning or damage**, so if
you want to get your deposit back keep your house clean and try not
to break anything. If you do, tell the landlord straight away.
5. KEEP IT SAFE AND SECURE
Although students may be strapped for cash, they often have
expensive possessions like laptops and iPods, making student houses
rich pickings for burglars. Don’t forget contents insurance, this
is your responsibility, not your landlord’s. When you go out make
sure all external doors and windows are securely closed and locked.
If the house is going to be left empty over the holidays leave a
light and a radio on timer to make it look as if someone is in.
Eddie Hooker, Chief Executive, mydeposits.co.uk, said
“Your first home is always exciting, but in that whirlwind of
Freshers’ Week and adjusting to university life, students should
also think about the practicalities of living away from home. These
range from budgeting, cooking for yourself, and helping to maintain
your shared house.
“Keeping things clean and tidy and encouraging your housemates to
do the same might seem like a waste of time but it’s worth doing.
Not only does it make your home a nicer place to live and study in,
but looking after the property means you are much more likely to
get your deposit back at the end of your tenancy.”
• *Tenants whose deposits are protected by mydeposits.co.uk will
receive a Deposit Protection Certificate. The landlord must provide
this within 14 days of protecting the deposit. • **Dispute figures
from mydeposits.co.uk • Tenants who would like to check if their
deposit is protected with mydeposits.co.uk should go to:
www.mydeposits.co.uk/tenants/tenant-isyourdepositprotected.htm