Students, it’s that time again – your new academic year. We hope by now you’ve sorted your accommodation and are looking forward to moving in, if you haven’t done so already.
Here at DPS HQ we’ve been recalling our student days, remembering how we made it through the long hours of study with the help of the great friends we made and some epic house parties…but we also haven’t forgotten the weird unidentifiable objects in the fridge, the post-party disaster zones, and, of course, always being skint!
There’s no good time to lose money but it’s worse when you have hardly any in the first place, which is why we were sad when our research into deposit repayments suggested students are twice as likely to lose part/all of their deposit than other renters.
Common sense should tell you that you’ll need to keep your house clean and in good order to get your money back, but there’s actually a lot more to keeping your deposit than you might think.
To help you, we’ve put together these 12 tips:
1. First and foremost, make sure your landlord protects your deposit with an authorised deposit protection scheme.
2. When you move in, agree an inventory with your housemates and return it to your landlord. Take date stamped photographs of any damage or problems that you record on the inventory as evidence.
3. If you don’t know your landlord, check their name against your university or student union’s list of approved landlords.
4. Remember, every tenancy agreement can be different: make sure you read yours and understand your obligations.
5. Record all communication with your landlord in writing, particularly any agreements you make. Follow up phone calls with an email confirming what was agreed.
6. Keep copies of any documents, receipts and emails relating to your tenancy.
7. Report any defects with the property promptly and in writing, including the cause of the problem where you can.
8. Take photos of problems that arise in the property, and make sure they are date stamped.
9. Remember your obligations as tenants are what are known legally as “joint and several”: if an individual tenant does not accept personal responsibility when something goes wrong, such as a breakage, then it becomes the joint responsibility of all the tenants.
10. Keep in mind that with most tenancy agreements you’ll be liable for damage to communal areas as well as your own room.
11. Remember in most cases you’ll be liable right until the end of the tenancy, even if you move out before your housemates. You could remain jointly responsible for any cleaning or repairs to the property, even if the damage happened after you left.
12. Attend the checkout inspection at the end of your tenancy and take your own photographs if necessary.
It may seem like a long time before you’ll need to think about moving out, but now’s the right time to be thinking about your deposit, so you don’t lose out. Now you’re in the know, why not do a good deed and share these tips with your housemates and friends?
And don’t forget to watch our short video to see some amusing ways you could lose your deposit.