It’s one thing moving into a new student property and arranging utilities and broadband supply but it is something else altogether when it comes to sharing household expenses without falling out.
While everyone has agreed to live together and share a property equally, not every student tenant may budget effectively during their stay so they may struggle to pay their bills.
This will cause friction as well as annoyance for the others who may have to stump up their housemate’s share before being repaid.
This is one of the reasons why it is important when looking for student property to find people that they can get along with and that everyone appreciates how much the bills will be on top of the landlord’s rent.
By doing so, the students will know how much they need to budget every month without enjoying too many pub trips or nights out.
Contact utility providers before moving in.
The students will need to contact utility providers before moving in to their property so that when their tenancy begins there will be a supply of gas and electricity; they may need to put the radiators on to keep warm and they will need electricity to make a brew!
One of the common ways of sharing the bills is to put one of the student’s names on each bill and make them responsible for paying it and then reclaiming the other students’ share of this.
There are a number of issues with this process and the first being that the student named will be legally responsible for paying it so should someone not pay, it means that the student on the bill may end up with a bad credit rating.
While this may not appear to be too important at the time, this problem may raise itself as an issue after the student leaves university and wants a bank loan, mortgage or even a car loan.
That’s why many students now tend to put all of the students’ names onto a bill so that they can pay their share and be safe knowing their credit rating will not be affected by doing so.
Looking for great student broadband deals
This approach is also useful when looking for great student broadband deals and there are lots to choose from. Some may say there are too many on offer.
It’s important that students get a broadband deal that meets their needs and delivers the speeds and data capacity they are looking for.
While this article focuses on the needs of students to source quality utility suppliers and be confident of paying their bills on time, there is an easier solution that will see the students access cheap utility deals and have their bills shared out accordingly.
This is the service offered by Glide and for those who are sharing household expenses and don’t want to fall out with their fellow tenants, then this may bring peace of mind as well as a great offering and ease of use.