Rent advice for student accommodation and lets Rent
Rent is massively important, so it’s important to ensure you have worked out how much you can afford within your monthly budget. Make sure you take a look at our university guides to give you a rough idea of rental amounts for student accommodation in your area.
Some landlords offer all bills inclusive of rent, which needs checking carefully. As although convenient, it can work out to be more expensive.
Rent increases and advice
When can I expect a rent increase?
On signing your tenancy agreement you should have agreed the rent with your landlord or letting agency for the duration of your tenancy. If your contract is for a fixed term, the rent could increase at the end of this fixed period, and you’ll have to agree a new rent price if you want to stay put. See Agency Fees.
In many towns/cities where there is a high student percentage, it is common for rental values to increase due to increased demand; therefore a good tip is to look at what else is on the market before making the decision to pay a higher rent to stay in the same property.
How frequently can the landlord increase the rent?
The rent amount and arrangements for payment should all be included in the tenancy agreement. For fixed term tenancies check your tenancy agreement to ensure it states the rent will be fixed for the length of the term, and NOT that the rent can be reviewed.
If your tenancy agreement states rent can be reviewed your landlord will have the right to increase the rent (the agreement should state how often the rent can be reviewed and terms under which changes can be made). This is a contractual periodic tenancy, and you should make sure all these dates and conditions are documented.
Can the landlord increase the rent by more than originally stated in the agreement?
They may only do so if you agree the amount. Should you not agree to pay the increase the rent will have to remain as stated in your original tenancy agreement.
What happens if the tenancy agreement doesn’t state when rent can be increased or by how much?
Should this be the case then again it depends what type of tenancy agreement you have. Should your agreement be fixed then the rent increase can only be introduced at the end of your original tenancy.
Should you have a contractual periodic tenancy longer than 12 months, your landlord can use a formal procedure in the housing act 1988, to propose a rent increase to be payable 12 months after your tenancy began.
The best way to pay your rent is by setting up a direct debit or standing order. It can also be worth setting up the direct debit from another bank account that you can use to budget for rent and other bills each month. This will ensure you don’t over spend and end up unable to pay the rent money you owe.
Some landlords accept cheques or bank transfers when rent is due, but we would not recommend this as it can cause confusion as to how much is owed and exactly when it is to be paid. Some agencies or landlords may charge an extra fee if the rent is not received on time, or for processing cheques.
Remember, if you fail to make your rent payments it can have significant implications on your right to remain in the property.
Struggling to pay your rent?
In difficult circumstances tenants can seek support and request help from the housing benefit association to pay for the rent. The landlord can assist you with this, helping you submit a valid HB form. However, the landlord has the obligation to terminate the tenancy if rental payments are regularly late. But please note the vast majority of undergraduates cannot claim housing benifits.
Usually if tenants vacate the property prior to the termination of the tenancy the rent is still payable, however in certain circumstances the landlord may allow the rent to be surrendered if another tenant is found, although this is unlikely.
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We aim to provide the best advice about renting student accommodation, with up to date information about the University areas you could be living in. If you have a comment, let us know so we can keep the site up to date for everyone. Many thanks Ed x
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