The Association of Residential Letting Agents (ARLA) and the National Union of Students (NUS) are offering advice to students on renting their first property at university.
1. Tenants should always ensure that any monies are paid into an accredited deposit scheme, protected under one of the three Government approved Tenancy Deposit Protection Schemes.
2. Speak to other students or check university advice websites for first-hand experiences of renting in your preferred area. The amount of student accommodation available and the average rent charged can vary significantly depending on location
3. For peace of mind, be sure to seek advice from a lettings agent affiliated to a professional organisation like ARLA.
4. Find out what kind of tenancy agreement you are signing as this can make a difference to your liability. Many shared tenancies will have several joint liability clauses – meaning you are responsible for the actions of your co-tenants for the terms of the tenancy, and not just the payment of rent.
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