For many students, living away from home is one of the most exciting parts of student life. For the first time ever you’re put in charge of everything, from doing your own washing to paying the bills. At Study Inn we know that the prospect of becoming an adult is very exciting, but before you begin your student life, you’ll need to make a very important decision – where are you going to live?
For first year students the natural choice is normally student halls, they’re an affordable and effective transition into independent living. However, when the second year comes around many students are ready to venture out. Opting for private, rented luxury student accommodation is always an exciting choice, as you are free from University rules and regulations, and all responsibilities are truly your own.
When you’re looking to venture into private student accommodation there are a few things to be aware of, as it’s important to make the right decision. Read on to find some advice for first time student apartment renters.
The Student Accommodation Options
There are a number of different ways to privately rent accommodation for students. You can rent a room in private halls of residence, rent a room on your landlord’s property, rent an apartment at a private student accommodation centre or rent out an entire property of your own either individually or with friends.
Before settling your mind on a specific type of residence, you should make yourself aware of the local student accommodation options available and consider what will and won’t work for you. Some options can be very costly – so make sure not to put all your eggs in one basket during the decision process.
Finding a Guarantor
Unfortunately, renting a property as a student is not as easy as you may have imagined. In the world of property rental, you will generally need to provide proof of income to the landlord as assurance that you can keep up with payments before they’ll even consider settling on an agreement.
However as a student who cannot work a full time job around studies, this kind of proof is rarely possible, which is why landlords will often ask for a guarantor. A guarantor is a third party – often parents or a relative – who will agree to cover your rental payments should you happen to fall behind.
No Guarantor Is Needed With Study Inn
Student Accommodation Deposits
In almost all circumstances you’ll be provided to pay a deposit before you begin renting accommodation. You should always ensure that you’re aware of what deposit your landlord requires, and find out whether you’ll be able to retrieve it when you move out.
Most importantly of all, be sure you understand just what could make you lose it! You don’t want to end up parting ways with a large sum of money that could easily be returned.
No Damage Deposit Charge With Study Inn
When you stay at Study Inn you won’t have to worry about paying a damage deposit upfront. Our student apartments are covered under a fair wear and tear policy and charges would only occur if major damages were made to your room or the communal areas. This helps to lower your costs when initially moving in, making everything that little bit easier.
Living in Shared Student Accommodation
Considering the costs of property rental, you might end up deciding to share your private student accommodation with other students looking for rooms to rent. It’s important to be sure you understand what this involves. Do you have your own agreement with the landlord? How will rent be paid? What are your responsibilities as housemates?
Sharing student accommodation with anyone can have its difficulties so be sure you know what is expected of you and your housemates before you make any form of binding legal agreement.
Making the Move into Student Accommodation
As a student, getting your own place and moving out of student halls is always exciting. But before you try to find private student accommodation, make sure to do your research to ensure that wherever you live you make the right decision. The team here at Study Inn know everything there is to know about living as a student, so feel free to contact us for any student accommodation advice – we’ll be more than happy to help!
For a relaxed and hassle free student living experience choose Study Inn; we provide luxury student apartments in Loughborough, Nottingham, Bristol, Exeter, Leeds and Leicester, and will get you moved in as quickly and calmly as possible! Don’t miss out, book your room today.