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The Student Housing Rental Process

Updated: May 23, 2023

Renting a student house can be both an exciting and stressful experience. There are many factors to consider when searching for the perfect property, including location, size, and amenities. However, once you've found a property that suits your needs, the leasing process is the next step.


In this post, we'll guide you through the complete student housing leasing process, from viewing properties to signing the lease agreement.


1. Property Search

A student looking through a magnifying glass

The first step in the leasing process is to search for suitable properties. This can be done online, through letting agents or by visiting properties directly. When searching for properties, consider factors such as location, proximity to amenities and transport links, and the number of bedrooms you need.


2. Property Viewing

A student house living area with teal lighting and accessories

Once you've found some properties you're interested in, the next step is to arrange viewings, virtual tours or video walk-throughs. This will give you the opportunity to see the property in person and ask any questions you may have. It's a good idea to take a checklist with you to ensure you don't forget any important details. During the viewing, take note of any issues or repairs that may need to be addressed before you move in.


3. Securing the Chosen Property

A student pointing to a student housing listing

If you've found a property you like, the next step is to notify the housing provider of your interest so that you can proceed with the process. Be sure to check that you are certain of the property details and requirements. Once the housing provider confirms that the property is available for you, they may require a holding deposit to secure the property.


4. Credit and Reference Checks

A magnifying glass over a keyboard

Before signing a lease agreement, landlords or letting agents may conduct credit and reference checks to ensure you're able to afford the rent and are a reliable tenant. This may involve providing details of your employment status, income, and previous rental history.


5. Lease Agreement

A student signing a lease agreement

The lease agreement is a legally binding contract between you and the landlord. It outlines the terms and conditions of your tenancy, including the rent, length of tenancy, and any obligations or restrictions. Before signing the lease agreement, make sure you read it carefully and understand all the terms. If there's anything you're unsure about, ask your landlord or letting agent for clarification.


6. Security Deposit

A lock on a blue door

A security deposit is a sum of money paid to the landlord or letting agent as security against any damages or unpaid rent. The amount varies, and can be from the value of one month's rent to several months rent. It's important to clarify the deposit amount, when and how it will be returned to you, and under what circumstances it can be withheld.


7. Move-In

Students moving into a new house

Once all the paperwork is completed and the security deposit is paid, it's time to move in! Make sure you take note if you come across any issues that might need to be addressed, and contact your landlord or housing provider to make them aware of these.


Conclusion

Renting a student house is a big decision and involves several steps, but now you know what to expect from the process, you can ensure a smooth and stress-free experience. Always read the lease agreement carefully and ask for clarification on any terms you're unsure of. By doing so, you can enjoy your new home with complete peace of mind. If you're looking for high quality student housing in Loughborough that boasts the best in comfort, quality, functionality and security, explore our range of luxury student houses.

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