OnTheMarket.com looks at a few key facts for students to consider when renting their first property.
Students renting self-contained accommodation from a private landlord will most likely have what is called an ‘Assured shorthold tenancy’ (AST), making the student an ‘Assured shorthold tenant’. This means the tenancy will usually last for six or 12 months and gives the student a right to have their deposit protected and be given notice of eviction. Here are a few key facts from OnTheMarket.com, for students looking to rent their first property:
Tenancy agreement
– Before moving into the property, you should receive a copy of the tenancy agreement including: the tenancy start date, the amount of rent due, when rent needs to be paid and how and when the rent amount can be changed.
OnTheMarket plc (LON:OTMP) provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom. It owns and operates online residential property portal on OnTheMarket.com that offers property for sale and rent, finds agents, student accommodation, farms, estates and land, and property valuation.