Student Tenancy Agreement Template Uk
The student rental market has grown in recent years due to the increase in the number of higher education students. Owning and renting a rental property in a university town can be a good investment. But the most important thing is not to rush to sign your contract. You can always ask for a copy of the contract in advance, so you have time to read it correctly. Make sure you keep a copy and don`t hesitate to ask for anything. Most owners and brokers will ask you to sign a rental agreement. It is a legally binding document that sets out the rights and obligations of each party. With the signature, you and the owner have certain rights protected by law that cannot be replaced by the contract. Before you sign, make sure you understand all the clauses, so there can be no nasty surprises after signing.
We always advise you to get advice before signing. If your landlord does not allow you to check a copy of the contract, you should not sign it. Your legal obligations and rights differ if you live in a university or share a property with your landlord. For more information on this topic, please contact your local host. If she is asked to sign a contract, it is probably a secure short-term lease that normally lasts at least six months, after which the lease can be monthly. However, many leases are valid for a fixed term, i.e. from July 1, 2020 to June 30, 2021. In this case, make sure you are satisfied with the length of the contract, as it is very unlikely that you will terminate the lease prematurely. Most rental agreements are now secure shorthold rentals. This type of lease is usually 12 months with a “fixed time” of six months, during which tenants cannot be withdrawn, unless certain conditions of the lease have been broken. This type of lease provides tenants with protection from eviction and means that a landlord must go through a termination procedure and a court order before they can be removed. You may not have an insured shorthold lease if you live with your landlord and not if you are in university rooms.
Your contract should say what it is. All summer concessions need to be clarified in the lease, so always check your lease carefully before signing, and if you have any doubts, contact us for a free contract review. If you find a property you like and don`t offer them a summer concession, you can always try to negotiate for one. You can also wait and sign up for a property much closer to the hour if you don`t want to pay summer rent or a retainer. 6.4 If, by mutual agreement, we allow you to terminate your lease prematurely, you agree to sign a certificate of surrender before you leave. If we accept this procedure, we have no obligation to pay the rent. 7.4 At the end of the rental period, you have the opportunity to participate in a check-out with one of our representatives in order to reach an agreement on the deductions of the deposit, if any. However, we reserve the right to inform you of our intention to pay the down payment at any time in payment of the sums earned or spent for you under the tenancy agreement, or to rectify a violation of one of the tenant`s obligations in this tenancy agreement. If necessary, the down payment or the corresponding amount of the deposit will be refunded to the tenant after the expiration of the tenancy period.